New Company, Miles Genius, Taps Into Valuable Niche Service
New York City, New York (PRWEB) November 12, 2013 -- Miles Genius is proud to announce the formation of its new business that helps companies take advantage of and maximize the benefits already offered by most credit card companies.
Today, miles and points have become just as valuable as money, stocks, silver or gold, but many businesses are not taking full advantage of them. Miles Genius was formed purely by accident, when an employee of Lion’s Deal, an ecommerce site that sells restaurant supplies, realized that the company was missing out on a fortune of points and miles by not making smart decisions about their credit card usage.
The employee, David, began to do research into credit card rewards programs and quickly discovered that their company was, in essence, leaving thousands of dollars a year on the table by not taking full advantage of credit card offers. Miles and points can be redeemed for travel expenses or for cash rewards, but Lion’s Deal was wasting these opportunities.
David approached his boss, Fred, with a plan to begin maximizing the company’s profits by taking advantage of the miles and points available when charging business expenses to credit cards. During their very first year of the project, Lion’s Deal realized an additional $60,000 worth in travel perks and cash rewards by accumulating over 1.5 million miles. This also increased the primary account holder’s credit score by 40 points, so both David and Fred decided to delve deeper into the concept.
They performed much more research into the Frequent Flier system, learning a great deal about maximizing credit card benefits. They soon realized that many companies could be paying their bills with credit cards and earning thousands of points and miles each month, which could then be spent on all types merchandise and travel expenses. For instance, Lion’s Deal used their points and miles to pay employee bonuses and to send the whole team on an employee retreat to Utah.
The two men were astounded by their discoveries and the results they were able to achieve. So much so, in fact, that they decided to form a business to help others stop missing out on the points and miles they could easily be generating without changing their regular business expenses. Thus, Miles Genius was born.
The service offers customized plans to companies of any size that make it possible for them to reap the full rewards of using their credit cards to pay monthly bills and expenses. Their team scrutinizes the pages of fine print, compares the thousands of credit card offers, and takes note of any changes to the conditions of use so that they can become the Geniuses that they need to be to make sure other companies get the most bang for their buck, all while improving the credit scores of the companys’ officers.
Millions of businesses across America are too confused, too disinterested, or too afraid of the credit card rewards system to collect what they are due from it. Many even believe that it’s not a good idea to use credit cards at all, a misconception that Fred Schulman from Miles Genius explains away:
"Businesses just need to know when to pay off their credit card balance. David and I have devised an excellent system that can work for any business. With it, a company can begin to take full advantage of all those juicy credit card offers out there while raising their credit score."
MilesGenius.com enables businesses to get the most from their spending, and they offer excellent tips and advice on how to protect credit and optimize company expenditures. Said Fred Schulman, "Many companies believe that paying their bills on time is the only thing that affects their credit score, but this isn’t true. Your spending habits alone account for 30% of your credit score. Our Geniuses show businesses how to take advantage of all these little important tips."
About Miles Genius
Miles Genius helps companies generate points from regular business expenses by creating a customized plan for each business and helping their clients navigate the minefield of credit card applications to carry it out. The plan includes a combination of opening the best credit cards for the company, minimizing renewal fees, moving expenditures between credit cards, diversifying points so that they have the most value, and many other techniques and secrets. Miles Genius can enable any company to begin generating hundreds of thousands of points legally and safely.
For more information, please visit the website: http://milesgenius.com/.
Fred Shulman, Miles Genius, http://milesgenius.com//, +1 516-568-4441, [email protected]
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