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After more than 30 years in business, Jackie Lockwood has learned how to maximize value from every aspect of running an electrical contracting company—including business expenses.
As the owner of Power Source Electrical Services, Jackie oversees a company that regularly spends between $100,000 and $200,000 per month on materials, equipment, and operating expenses. Rather than allowing those purchases to go unrewarded, she has built a points strategy that has generated more than 4 million points.
Leveraging High Business Spend
Power Source Electrical Services focuses on electrical contracting and power generation projects, creating consistent opportunities to earn rewards on large purchases.
Jackie’s primary cards include the Capital One Venture X Business and Chase Sapphire Reserve for Business℠. She also maintains co-branded cards with American Airlines and Hyatt to earn additional travel benefits and elite status.
Because many vendors accept credit cards without imposing significant fees, much of the company’s routine spending generates valuable rewards.
The result is a steady stream of points earned from transactions the business would make regardless.
Capital One Venture X Business
Earn 150,000
Bonus Miles
once you spend $30,000 in the first 3 months from account opening.
Annual Fee: $395
Sapphire Reserve for Business℠
Special Limited-Time Offer!
Earn 200,000
bonus points
after you spend $30,000 on purchases in your first 6 months from account opening
Annual Fee: $795
Discovering the Value of Transfer Partners
Early in her points journey, Jackie used rewards primarily through travel portals and statement credits.
While those redemptions provided value, she later discovered that airline and hotel transfer partners could dramatically increase the return on her points.
That shift fundamentally changed how she approached points earning and spending.
Today, she focuses on extracting maximum value from the points her business earns, allowing her to book experiences that would otherwise require significant cash expenditures.
A Dream Trip to Greece
One of Jackie’s favorite redemptions involved a two-week trip to Greece.
The journey included a week aboard a private catamaran exploring the Greek islands, creating an experience that would have been difficult to justify paying for entirely with cash.
Although the business has been successful enough to afford premium travel, Jackie admits she has a hard time paying cash for luxury experiences.
“I’m pretty frugal,” she explained. “I just don’t have it in me to spend the kind of money necessary to fly business class or stay at luxury hotels.”
Points and miles provide a solution that allows her to enjoy those experiences without sacrificing financial discipline.
Advice for Other Business Owners
Jackie’s biggest lesson is that business owners should learn how to use transfer partners as early as possible.
Many entrepreneurs focus exclusively on earning points but never take the time to understand how to redeem them effectively.
For businesses with substantial monthly spending, even small improvements in redemption value can create enormous long-term benefits.
The Bottom Line
For Jackie, points and miles have transformed ordinary business expenses into extraordinary travel opportunities.
By combining strong earning cards with a thoughtful redemption strategy, she has accumulated millions of points and unlocked travel experiences around the world—all from purchases her company was already making.
New to the world of points and miles? The Chase Sapphire Preferred® Card is the best card to start with.
With a bonus of Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. , 5x points on travel booked through the Chase TravelSM Portal and 3x points on restaurants, streaming services, and online groceries (excluding Target, Walmart, and wholesale clubs), this card truly cannot be beat for getting started!
Editors Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.





