Since launching in 2021, hundreds of thousands of users have used the TPG App to track more than 100 billion points and miles.
To help users maximize their points potential even more, the TPG App has a new feature called “Rewards Boost,” giving users even more personalized insights into choosing their next credit card.
How the new feature works
The TPG App already tracks users’ spending across all of their connected cards, including via its “Out Making a Purchase” Card Advisor feature, which helps users choose the most optimal credit card already in their wallet for a specific purchase in real time.
The app’s latest feature, “Rewards Boost,” analyzes users’ existing spending habits to recommend a credit card based on their highest spending category to maximize earnings. It also shows users exactly how many points they could have earned the previous month by using those cards.
For example, let’s say you spent a significant amount of money, $1,200, on dining last month via your Capital One Venture Rewards Credit Card.
Rewards Boost would let you know that 2 miles per dollar per purchase earned from the Venture card would equate to 2,400 miles per month. This card earns users 2 miles per dollar per purchase, a stellar return for flat-rate rewards and certainly better than earning no rewards at all. However, Rewards Boost would notify you that another card, such as the American Express® Gold Card, would have earned you more since it earns 4 points per dollar on dining at restaurants (including takeout and delivery in the U.S.) in addition to 4 points per dollar on up to $25,000 in purchases at U.S. supermarkets per calendar year (then 1 point per dollar).
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By using an Amex Gold on those dining purchases, you could have earned 4,800 points, equivalent to $96 when used as Amex Membership Rewards, per current TPG valuations. If May was a typical month for dining spending for this person, then over time, using this card would equate to over $1,150 annually in points just in the restaurant and dining category.
Though you may be deterred by the Amex Gold’s $250 annual fee (see rates and fees), Rewards Boost would inform you that you’re still saving more than $900 in net points value – and that’s before factoring in the aforementioned spending categories, in addition to 3 points per dollar on flights booked directly with the airline or through the Amex Travel portal and 1 point per dollar on all other eligible purchases. These earning rates are on top of the statement credit offered by this card, including $120 in Uber Cash annually and a $120 annual dining credit (both divvied up as $10 monthly credits).
The real value of Rewards Boost
We get it — one of the biggest hurdles for getting a new credit card is understanding whether it will truly be valuable to you and your personal spending habits. Also, the high annual fees of some cards (looking at you, The Platinum Card® from American Express; see rates and fees) can be enough to scare off even seasoned credit card veterans.
With Rewards Boost, you don’t have to worry about keeping track of every credit, perk or other benefit a card offers just to barely offset an annual fee for a card that doesn’t fit your lifestyle. Rewards Boost tells you the exact value you could be saving on a monthly and annual basis just by switching to using a card to complement your biggest spending category.
Bottom line
Not only does Rewards Boost show your best next card, but it takes all the guesswork out of whether a card will actually be a valuable addition to your wallet.
Download the free TPG App to see how you can boost your rewards today!
Related reading:
For rates and fees of the Amex Gold Card, click here.
For rates and fees of the Amex Platinum Card, click here.
