Credit Card Points from the Practice

[ayeball]

Can someone explain how this works? In retina in particular, are all injections and other purchases made with a credit card? Do you generate massive amounts of points every year, and if so, how does your practice handle them?

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[dantt]

Do you generate massive amounts of points every year, and if so, how does your practice handle them?

Travel gives you maximum value. Cash back is always nice.

 

[ayeball]

Thank you. Do groups tend to use cash back cards, or do they split the points for travel?

Or, is this something that groups really don’t concern themselves with?

 

[dantt]

there is no great way for groups to split travel rewards fairly, best to cash back and return to practice. some practices founding partner gets to keep this.

 

[MstaKing10]

amex allows points to be split quite easily

 

[AQ888]

Should be split evenly. These points can be very lucrative if used for travel

 

[schistosomiasis]

As a solo practice owner… I get to keep all the points myself for free travel! For a low spender like me, I rely on plastiq to pay office rent and estimated tax payments to meet my multiple signup bonuses. I have 2 million AMEX points and 700,000 chase points. This year stayed at Hyatt hotels 24 nights all free. Usually fly in first/ business class. Our solo practice google group routinely discusses how to max out credit card points for free trips, many of my colleagues have had exotic overseas vacations for free.

Then again, even when I was a PGY4 resident I flew to Japan and Rome in business class for free- between patients at the VA I was reading flyertalk.com to maximize my points…

 

[Musty Goose]

As a solo practice owner… I get to keep all the points myself for free travel! For a low spender like me, I rely on plastiq to pay office rent and estimated tax payments to meet my multiple signup bonuses. I have 2 million AMEX points and 700,000 chase points. This year stayed at Hyatt hotels 24 nights all free. Usually fly in first/ business class. Our solo practice google group routinely discusses how to max out credit card points for free trips, many of my colleagues have had exotic overseas vacations for free.

Then again, even when I was a PGY4 resident I flew to Japan and Rome in business class for free- between patients at the VA I was reading flyertalk.com to maximize my points…

Did you have a side business as a pgy-4 or just MS'ing for points?

 

[schistosomiasis]

MSing for points, it helped that my parents let me charge their expenses onto my cards and reimbursed me.