Flying business class is often seen as a luxurious experience reserved for the wealthy few. However, a recent TikTok video by a flight expert on the account 'themothfamily' has shed light on a secret method that parents can use to upgrade their whole family to business class without breaking the bank.
According to the video's creator, Jimmy, the key to accessing business class flights lies in unlocking frequent flyer points through credit card offers. He explains that many credit cards offer a significant number of points in exchange for meeting a certain spending limit. For instance, a credit card may offer 100,000 points if you spend $3,000 within a specified timeframe.
Jimmy suggests applying for these credit cards, spending the required amount, and earning the points. With enough points, families can then redeem them for business-class tickets, elevating their travel experience at no additional cost.
The video emphasizes that credit card companies rely on a vast majority of cardholders who do not pay their balance on time. This means that those who take advantage of the points system are a small minority compared to the overall credit card user base. By using and maximizing these offers, families can enjoy the perks of business class without paying the hefty price tag.
The TikTok video gained immense popularity, garnering nearly two million views. However, some viewers raised concerns about the potential negative impact on credit scores. They questioned whether opening multiple credit cards and making several credit inquiries could harm one's creditworthiness.
One viewer commented that this strategy could potentially decrease credit scores, even if the credit cards are paid off. They mentioned that in Australia, all credit inquiries except for home loans can lower one's credit score. Another commenter also wondered if this approach would have any adverse effects on credit scores.
While the video offers an intriguing hack for accessing business class flights, it's crucial to consider the potential implications for credit scores. Opening multiple credit cards and accruing debt could impact creditworthiness, which can have long-term consequences.
Ultimately, using credit card offers to accumulate frequent flyer points and upgrade to business class can be a smart move when done responsibly. It's essential to carefully manage credit card usage, pay off balances in full and on time, and consider the potential impact on credit scores. With proper precautions, families can enjoy the luxury of business class without depleting their savings accounts.
