I got a call last Thursday from my buddy Dave about the Traverse City to Denver Mileage Run opportunity that was posted on Flyertalk. I was sitting in a restaurant on Hilton Head when I got the call. The amazing low fare only lasted about two hours but I loaded up with 4 mileage runs at the low, low price of $110 and $70 round trip all in. The routing was through San Francisco. In my research, my cost per Elite Qualifying Mile was all of 1.66 cents or 1.01 cents per mile.
Calculation as follows: TVC-ORD=500 miles minimum with my elite status.
Total one way is 3,313 miles or 6,626 round trip.
At a cost of $110 all in round trip the calculation is $110 divided by 6626 EQM or 1.66 cents per EQM or only 1.01 cents if you got a $70 price.
My point is this: Playing this game the most effectively requires a group effort. I have still be eating chicken wings and tacos if Dave hadn’t called me. These offers happen in a hurry and disappear in a hurry.
Are you working on developing a network of like minded friends?
Oh by the way. Thanks again Dave for the heads up. I’ll make 1k again real easy now.
Read The Rules, the Terms and Conditions
If I never post another piece of advice again that you listen too, so be it. But this one is a
“Must Do” for all of us.
I can’t tell you how many emails I got in the last several weeks asking me questions about the terms and conditions of the Amex Premier Rewards card promotion and the United 50 K credit card promo.
Here is a few samples:
” I have an SPG card. Will I still qualify for the Premier Rewards card sign up bonus?”
The rules said you would not get the sign up bonus if you were an existing charge card holder. The SPG card is a credit card, not a charge card. Read the rules.
” I had a United MP Visa card 5 years ago Will I get the bonus?”
The rules said if you have had the card before you will not get the bonus. It was for first time card holders only. Read the rules
I print them out if I can. (tough with the UA promo as it was phone only). My folder is full of terms and conditions attached to the announcement of each promo. I add the date I applied, registered, got the card, used the card and I staple the receipt from my first time use. I try not to swear on the blog, but COVER YOUR ASS with the proper documentation.
These card offers are not big risks. If you missed a rule, you’ll do better next time. It costs your credit score 2-5 points, no big loss.
But imagine if you missed a rule or regulation on the US Airways 5 Member Promo and had spent hundreds or maybe thousands of dollars buying TrackIt or TrackBack memberships and misread the rules. That hurts to throw $$$$ the window because you didn’t do your homework.
Or maybe the rules were unclear to you? Then you know the risks involved in proceeding. And you always proceed at your own risk.
So follow the suggestion and read the rules. And help one another out by asking your questions in the comments section of the blog and, if you KNOW the answer, comment back with what you know about the rules. Keep one another honest and educated. We will all win in the long run.
Now, stepping off soapbox. I’m afraid of heights.
Delta and Amex Offer 100% Bonus Miles on Purchase
If you purchase Delta miles with your Amex card, you’ll receive a 100% bonus. The cap is 60,000 miles.
This is a top off deal at best for me. I don’t accumulate DL miles at a cost greater than 1 cent per mile and prefer even less than that due to their convuluted award routings and lack of low tier availability.
Yes, I might have an issue with DL.
Go the the Delta Website for more details
Chase Sapphire Preferred® Card
- Annual Fee: $95 fee waived for the first year
- Foreign Fees: No
- Card Type: Bank
The Sapphire Preferred offers 2x points on dining and travel, and no foreign transaction fees, making this the go-to card for travelers.
This card accumulates Ultimate Rewards points, which are very valuable for transfer to United and Hyatt. Overall, this card is a great choice for maximizing earnings on dining, travel, and every day spend.
- Earn 40,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. That's $500 in travel when you redeem through Chase Ultimate RewardsSM
- Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening.
- 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases
- No foreign transaction fees, plus Chip and Signature enabled for international travel.
- 1:1 point transfer to leading frequent travel programs at full value — that means 1,000 Ultimate Rewards points equal 1,000 partner miles/points.
- 24/7 direct access to dedicated customer service specialists
- Introductory Annual Fee of $0 the first year, then $95