The article discusses the case of a woman named Jan who has accumulated over 4 million Chase Sapphire credit card points, indicating significant spending. It highlights the importance of using credit card reward points instead of letting them sit idle since they do not appreciate in value. While traditional financial accounts can grow through interest, credit card points do not gain value with time, and the article encourages users to spend them wisely, particularly on travel, to maximize benefits.
Unlike bank accounts and investment portfolios, credit card point balances don't automatically grow in value. Points left on a card balance should be used, so as to not leave money on the table.
Everyone loves a fat bank account. It makes us objectively, and reasonably happy when we see our savings pile up substantially in a bank account, a stock market portfolio, or in this case, a Chase points account.
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