#815: Chris Hutchins, Deal Master — Helping Tim Burn 15M+ Miles and Points, Flipping Costco Gold Into Five-Star Trips, Flying to Japan for $222, Tech Tools and Tricks, and Avoiding The Optimizer’s Curse | The Tim Ferriss Show | Podwise
#815: Chris Hutchins, Deal Master — Helping Tim Burn 15M+ Miles and Points, Flipping Costco Gold Into Five-Star Trips, Flying to Japan for $222, Tech Tools and Tricks, and Avoiding The Optimizer’s Curse
Tim Ferriss interviews Chris Hutchins, creator of the "All The Hacks" podcast, to unravel the complexities of maximizing value from credit card points and miles. Chris shares arbitrage strategies, including buying gold at Costco and discounted gift cards, while emphasizing the importance of flexibility in travel planning to leverage points effectively. The discussion covers tools like AwardTool and PointsYeah for finding deals, the value of transferable points, and strategies for using existing points, including potential for charitable donations or gifting travel to contractors. They also discuss the psychological aspects of points, balancing frugality with quality of life, and the future of travel with AI, while also touching on the importance of optimizing credit card usage for maximum rewards and avoiding common pitfalls.