Traveling

Thursday, April 5, 2018

How Much Banks Pay For Miles, and How You Can Now Beat the Banks and more...

There's an upper bound to what banks can possibly pay to reward customers. That's based on their revenue which comes from interchange (merchant swipe fees when using the card to pay) and revolve (APR when customers don't pay off their cards each ...

 

How Much Banks Pay For Miles, and How You Can Now Beat the Banks and more...



How Much Banks Pay For Miles, and How You Can Now Beat the Banks

There's an upper bound to what banks can possibly pay to reward customers. That's based on their revenue which comes from interchange (merchant swipe fees when using the card to pay) and revolve (APR when customers don't pay off their cards each month).

And we're pretty much at a place where banks are paying as much as they possibly can at current rates for the rewards and benefits they're handing out.

Continue reading How Much Banks Pay For Miles, and How You Can Now Beat the Banks...

        
 

Should You Get the New ‘Up to 3x on Everything’ Barclays Transferable Points Card?

Yesterday the Barclays Arrival Premier World Elite Mastercard launched.

Feelings about the card have been strong and tempers even running hot among some readers.

Continue reading Should You Get the New ‘Up to 3x on Everything’ Barclays Transferable Points Card?...

        
 

Don’t Fall For the Paid Seat Assignment Scam and Turn Bankrupt Miles Into Cash

A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.

Continue reading Don’t Fall For the Paid Seat Assignment Scam and Turn Bankrupt Miles Into Cash...

        
 

Only One Week Left For Best Ever Delta 70,000 Mile Offers

Right now competition for credit card signups -- between the airlines and between airlines and banks themselves with their own products -- is fierce. And that's giving us great signup bonuses.

I'm not sure how long this will prove sustainable but we're seeing a bonus arms race largely because of intense jockeying for customers and the economic models that suggest how important each new customer is.

Continue reading Only One Week Left For Best Ever Delta 70,000 Mile Offers...

        
 

Admirals Club Lounge Access That’s Not Even on the Website

There are several oddball lounge relationships. There's a lounge you can access with an American Admirals Club membership -- or even a United Club or Delta Skyclub membership -- that you won't find listed on the website.

Continue reading Admirals Club Lounge Access That’s Not Even on the Website...

        
 

The Worst Hotel Guest Ever Banned Due to Seagulls and Pepperoni

Nick Burchill was in the Navy Reserves and some of his navy buddies asked him to bring "Brother's Pepperoni" out from his home town in Halifax, Nova Scotia. He did. A lot of it.

He "completely filled a suitcase with pepperoni" — some of it was wrapped in plastic, some in paper, and the airline lost his bag. And then the hijinks began.

Continue reading The Worst Hotel Guest Ever Banned Due to Seagulls and Pepperoni...

        
 

New Temporary Admirals Club and 66% Off Delta Awards

A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.

Continue reading New Temporary Admirals Club and 66% Off Delta Awards...

        
 

Lowest Price: Buy United Miles for 1.88 Cents Each

United is back with this sale, creating a sense of urgency promoting the offer as 'one day only'. It's cheaper than usual, though I think we can expect that this pricing will be back at some point later in the year.

Buying between 50,000 and 75,000 miles generates a 100% bonus. Here's the cost to buy 150,000 miles. It comes to 1.88 cents per mile.

Continue reading Lowest Price: Buy United Miles for 1.88 Cents Each...

        
 
 
   
   
   

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