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Earn Big on Payroll: Transform Employee Salaries into Points & Miles (Ep. 53)
Can running your business payroll through credit cards unlock a treasure trove of travel rewards?
In this special episode of Revolutionizing Your Journey, DeAndre Coke breaks down the innovative strategy of using payroll to earn credit card points and miles. Learn how to leverage services like ZilBank, understand the fees involved, and discover how cards like Chase Business Preferred and Amex Platinum can be game-changers for your business. DeAndre also shares practical tips for maximizing point redemption and offers cautionary advice to avoid common mistakes.
Tune in to explore how this strategy could transform your approach to travel rewards!
Key Highlights:
- Payroll Strategy: Earn points and miles by running payroll through credit cards.
- Zill Bank Option: A service enabling payroll by credit card.
- Fee Value: Learn how paying fees can still result in a net gain in rewards.
- Redemption Insight: Maximize points by understanding redemption value.
- Tax Considerations: Always consult a tax advisor regarding payroll fees.
- Avoid Pitfalls: Never create fake employees or try to game the system to inflate rewards.
- Business Focus: A strategy best suited for serious business owners.
- And much more!
Resources:
- Zil Money
- Blog post: Using Your Credit Card for Payroll to Earn Points and Miles
- Start here to learn how to unlock nearly free travel
- Sign up for our newsletter!
- This month’s best current card offers
- LTH Online Points & Miles In Depth Course:
- Use coupon code “BOLDYGO” for a 50% discount!
- BoldlyGo Travel With Points & Miles Facebook Group
- Truicity Wealth Management
Connect with DeAndre Coke:
Mentioned in this episode:
Check out the new Smart Travel Podcast!
This week's show is supported by the new Smart Travel Podcast. Travel smarter — and spend less — with help from NerdWallet. Check out Smart Travel at the Link below:
