 Hello everyone, this is Amit Dan and on this channel you will find financial travel and more videos. If you like what you see, please do the thumbs up and consider subscribing. Thank you. Hello everyone, this is Amit Dan of AmitDan.com. We all know how to single dip when you purchase something using a travel rear scrape card or just a rear scrape card. However, it is possible to double dip or even triple dip when you follow some simple rules. And today I'll talk about how to triple dip on a purchase or you can say on the same purchase when you buy something using a rear scrape card. For the rest of the video I'll take you to my laptop screen and from there I'll show you how to triple dip on the same purchase using a scrape card. Hello everyone, this is Amit Dan and I'll talk about how you can earn triple dip rear splines on the same purchase. Now, whenever you are buying something with your credit card, which gives you some sort of rewards, whether it's a cashier or a points reward or miles reward or travel rewards, then it's a single dip automatically. So whenever you're using a credit card and you're buying anything, that's a single dip. Let's say you are going to a store. So we have a store here and you have a credit card. So you're using this credit card at this store to buy let's say $1 purchase. So if your credit card is giving you $1 point per dollar, so it's going to be a single dip and you earn $1 point. That's not bad but you can do better because you know earning $1 point assuming that your credit card gives you $1 point per dollar spent. So it's not that bad but why you want to earn just $1 point or $1 dip when you can do double dip. So the way you can do double dip is that if the same store let's say is associated with a reverse program, whether it's an airplane or air miles or any sort of reverse program, then the store is giving you the reverse program. So a store reverse program and let's say the store is giving you $1 point per dollar. So here now you're double dipping because you're getting $1 point from here and you're getting $1 point from the credit card. So $1 plus $1 you have $2. So that's double dipping which is better than single dipping because you doubled your purchase. Now how to triple dip on the same purchase? Okay so now here things get more interesting. Let's say you're buying something on Amazon and if you're using your credit card, directly purchase from Amazon, then you're just single dipping because you're only getting the points from your credit cards. Now if you're, instead of directly purchasing on Amazon, if you're going to a grocery store and purchasing an Amazon gift card, so what happens you're going here and purchasing an Amazon gift card then the triple dipping comes into play. And how is that? The way it works here that you're getting points from your credit card, the first dip. So credit card is giving point for that purchase and the second dip would be the store is giving you the purchase points because you're spending money on that store although you're buying a gift card for Amazon but you're spending money at that store. So you're getting store yours point so double dipping. And now instead of going to Amazon directly, if you are going through a third party site which gives you reverse points for spending money on their website and there are lots of third party sites like that. For example, Airplan has its own e-store. So let's say if you're going to an Airplan e-store and buying Amazon product then you're going to get points from that e-store as well. Okay, so here on the same dollar purchase you're getting three different points from three different entities. For example, you're getting point once from the credit card and then you're getting points from the store and then you're getting points from the e-store which is giving you points just by purchasing from the e-store. Now these are just examples. There are other stores or groceries you have to know or find which gives you points for purchases. But let's say you're earning 1% on a single purchase and if you're just double dipping that your arm would be 2% but if you're triple dipping then your arm is 3% on the same purchase. Now the more interesting thing is that if your credit card gives you more than one point then the interest is your earning can be much higher. For example instead of 3% you can get the 6% because per dollar is two points here and the store is giving you some points and let's say the e-store you're going through sometimes they offer bonus points or they offer double points per dollar spent so it is possible to earn much more than one point or one percent per dollar, one percent reverse and it can go as high as let's say 5% or 7% or 10% depending on where you go and when you buy. So whenever you're spending a dollar to buy something just pay attention because you want to get the maximum out of your money and if you triple dip or if you double dip then definitely you're going to get your reverse points faster than just getting a single reward just from the credit card. So that's all for now. I have more videos on credit cards and reverse points so please subscribe and like and I'll see you shortly because there will be more videos coming up. Thank you.