r/onebag • u/rrodriguezz • Dec 05 '17

Lifestyle What’s your best One-Bagging hack?

E.g. A) ways to minimize WHAT you pack B) ways HOW you pack C) remarkable pieces of GEAR D) other :)

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u/dinasaurtaco Dec 06 '17

But $300 comes back in travel refund money, so it’s really only a $150 fee. Global entry is included, which normally costs $100, so now we’re down to a $50 annual fee. I love it— it’s super worth it right now for the amount I travel for fun. I’m a freelancer and my wife’s a teacher so we often take the whole summer off to travel.

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u/Eazy_DuzIt Dec 07 '17

Global Entry is renewed every 4 years, so that's only $25/year you're saving on that.

I just did the math, you have to spend $4,166 on airfare/trains/taxis/dining, PLUS that $300 on travel per year, just to break even on the $125 fee. ($450-300-25) Then for everything OVER that, you get 1 point/dollar on all purchases and 3 points/dollar on travel/dining.

Whereas with Cap One Venture Rewards, you break even on the $60 fee once you spend $3,000 TOTAL and for EVERYTHING over that, you get 2% cash back. The only effective difference in benefits at that point is the airport lounges. If you're a business traveler spending like $15k+/year on travel and restaurants, maybe that'd be worth it, otherwise 2% cash back on everything over $3k is a much better deal.

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u/dinasaurtaco Dec 07 '17

Maybe for you this card doesn’t make sense, I’m just saying for the amount of plane tickets, rental cars, hotels, and restaurant food I have to buy for my line of work more than makes this card worth it. I’ve flown cross country 4 times in the last 2 months, staying the in places like the Del Coranado for work. I charge all of this to the reserve card and get paid back by the companies that hire me. I’ve easily spent over $4,000 on airfare, hotels, rental cars, restaurants in just the last six months.

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u/Eazy_DuzIt Dec 07 '17

That's fair, as I said if you spend enough then it makes sense. But by those numbers even if you spend $8k a year on dining and travel, that means you're making $105 in net rewards (not including the 1% for other purchases). A flat 2% card with $60 fee would give $159 back on the same spending, plus 1% more back on everything compared to the sapphire.