1. Air France / KLM FlyingBlue is devaluing mileage redemptions by introducing three fare classes for all cabins on September 8: Light, Standard, and Flex. Light means fewer or no checked bags, no refunds, seat assignments carry a fee, lounge access isn’t included. Standard is fairly close to the status quo, and Flex includes free changes and refunds. How is this a devaluation? Let’s look at low-level business class transatlantic award redemption costs:

    – Light: 60,000 miles
    – Standard: 75,000 miles
    – Flex: 110,000 miles

    So what you used to get for 60,000 miles will now cost you an extra +15,000 miles. It brings me absolutely no pleasure to report that I thought we’d see a devaluation when Tiffany Funk took over as the FlyingBlue leader. I also think we haven’t seen the last FlyingBlue devaluation in the coming year. Spend any FlyingBlue miles you have quickly.
  2. Kroger stores will have a 4x fuel points promotion Friday through Sunday on third party gift cards excluding Amazon and fuel retailer gift cards.

    Best Buy is still hard out there, but Best Buy also isn’t the only game in town.
  3. Meijer mPerks has a promotion for 10,000 points with $100+ in Mastercard gift cards through Tuesday, limit one per mPerks account.

    These are Pathward / BlackHawk Network gift cards.
  4. Citi Merchant Offers has a card linked offer for $50 off of $400+ in JetBlue spend through September 30.
  5. Bilt added Equinox redemptions for its Itchy and Scratchy Cash for classes and spa sessions. The redemption amount is tied directly to your Bilt Status. There are also coupons for new Equinox memberships which are, uhh, something.

    Coming soon: An Equinox credit card. Source? I made it up, but watch for it anyway.

Happy Thursday!

Equinox personal training session, courtesy of Bilt.

A favorite past-time in the hobby seems to be to confuse the law with the terms and conditions of a card issuer, FinTech, website, bank, or other third party. So, let’s go over a couple of ironclad truths:

  • You can break the law and still be within the T&Cs
  • You can break the T&Cs and still be legal

To crib from Mike Ehrmantraut, I’ve known good churners who break the T&Cs, and I’ve known bad churners who comply with T&Cs. Something something about the law too.

Good luck out there!

I’ve also known churners that broke the banana bed terms and conditions.

One of the most surprising aspects of manufactured spend is the sheer number of people that send six-plus figures worth of goods, gift cards, precious metals, or other consideration to someone on the internet that they know only by a handle, and if they’re lucky, a first name. This works for two reasons:

  • Broker reputation
  • Effective communications in the community about reputation

In other words, you may only know a guy as “Michael“, but if a hundred other contacts that you trust have successfully done big business with Michael, then doing business with that guy is probably slightly less risky than a random Michael you met in downtown Portland.

Of course past performance doesn’t guarantee future gains and Michael may choose your shipment as his ticket to a new life in Argentina, a risk we’ll call counterparty risk. That’s not the only kind of risk though, in manufactured spend, we’re subject to:

  • counterparty risk
  • shutdown risk
  • credit risk
  • tax and audit risk
  • fraud risk
  • cybersecurity risk
  • clawback risk
  • operational risk
  • concentration risk
  • automation risk
  • MCC coding risk

… amongst other risks. A quick treatise on each will make you a better and safer manufactured spender, and we’ll have a semi-irregular post here about each in the upcoming (I have no idea how many) months. Stay tuned friends.

Oh, and so you don’t walk away feeling like you didn’t get anything out of today’s post:

Happy Tuesday!

Pictured: Michael

  1. The PenFed Pathfinder Visa is ending its $95 annual fee waiver for checking account holders on September 28. The card has been popular with churners even though ongoing spend is lame (even with its shenanigans) because points are worth about 0.85 cents for gift card redemptions, and those don’t even sell at face value. But, some churners had 10+ Pathfinder cards, why?

    There’s an annual $100 airline credit that works for effectively anything. That’s not going away, but soon you’ll be paying $95 for that $100 credit which sounds like a bad deal to me.
  2. CardPointers alerted the community that American Express Offers has finally implemented BEGIN; INSERT ...; COMMIT; in their code base, and as a result you’re no longer able to add the same offer to multiple cards.

    If you’re a CardPointers user, I’d look over those settings.
  3. The American Express Bonvoy Brilliant had another, mostly popup-free link surface. The heightened offer of 150,000 Bonvoy points and a $250 statement credit after $6,000 in spend in six months remains.
  4. Staples in store has fee-free $200 Mastercard gift cards through Saturday, limit nine per transaction. A good way to clock these is reader Ryan’s http://officesupplygiftcards.com/.

    These are Pathward / BlackHawk Network gift cards.
  5. American Express Offers has an offer for a $250 statement credit with $2,000+ spend on Delta Airlines booked through AmEx Travel by August 31.
  6. Aeroplan has an award sale for “up to 25%” off of points bookings on Air Canada metal for travel booked by tomorrow and flown between September 8 and June 30, 2027.
  7. Cathay Pacific has a promotion for 800 miles back on every 5,000 Asia Miles spend on award flights in economy and premium economy, booked by August 27, and flown between September 10 and December 10. Registration is required.

Happy Monday friends!

AmEx puts their new SQL skills to use against churners.

I’m going to go out on a limb and say if you’ve been in the travel hacking community since before 2020, you know exactly what United’s Expert Mode is, and if you’re newer, there’s about a 0.20 probability that you have any idea. Feel free to tell me how wrong I am. Anyhoodles, there are a few good reasons to know about Expert Mode:

  1. When your flight’s been cancelled, rebooking is a zero sum game with your fellow passengers; the number of free seats on later flights is finite and more aren’t going to magically appear, instead they’re going to vanish rapidly as customers rebook. Knowing which flights have which seats lets you make the best rebooking decision.
  2. When your flight might be oversold and you want to be flexible for a travel voucher, knowing what the seat count on your flight looks like is immediately actionable. I guess it also applies if you want to be hauled off of a plane and punched if it’s oversold. Too soon?
  3. If you want to know your chances of a Same Day Change to a better flight, knowing availability in the fare bucket you’re ticketed in will help you understand your odds and make backup plans.

With that out of the way, let’s briefly discuss fare buckets.

Fare Buckets

In the time before computers, airlines used repurposed slop buckets to hold each paper ticket they would sell. When you’d buy a ticket by telegraph, they’d send it from the bucket to your house via courier pigeon (*citation needed). The pigeons are gone, but buckets remain. So, what’s a modern fare bucket? Let’s talk to the ghost of MEAB past discussing bucket jumping:

WTF is a fare bucket? The boring definition is that each bucket is a letter (like S, or J) or pair of letters (like OW) that corresponds with a given fare on file in [airline] systems. There isn’t a standard for buckets on all airlines, but they do share a lot in common. First class fare buckets are often Z or F, and economy buckets are often SLY, and B for example. Typically there are around 20 fare buckets per airline.

Fare buckets also have a hierarchy. F > Z, and Y > B > M. See the pattern? Nah, me neither. That’s ok though. You don’t need to memorize the hierarchy, just know that it exists and how to find it.

I promise this is going to become important shortly so stick with it. On United, you’ve got three types of revenue fare buckets:

  • First and Business: J, C, D, Z, P
  • Premium Economy: O, A, R
  • Economy: Y, B, M, E, U, H, Q, V, W, S, T, L, K, G, N

Yeah yeah, there are quasi-buckets too like RN and PN, but let’s chill for a second ok? They don’t matter for this conversation. Just have the above table handy when it’s game theory time.

Expert Mode

United’s Expert Mode shows you which fare buckets are available when you search for flights using united.com. After enabling expert mode and clicking “Details”, you’ll see something like this:

For this flight, there are (at least) 9 seats available in First, as seen by J9, the highest bucket in the First and Business group. The people of Lubbock don’t like to pay for first, I guess. The same flight has (at least) 9 seats available in Economy as seen by Y9, telling us that the Lubbock-ites don’t like to pay for economy either. (Side note: 9 is the maximum number that will display. So 9 really means “9 or more, idk I’m just a computer”)

So how do you turn Expert Mode on? Navigate to your Special accommodations settings under your profile and scroll to the bottom where you’ll find the setting “Enable expert mode”. Check that and click “Save”.

Using The Info

With the caveat that the number of seats for sale doesn’t always equal the number of seats available (ask Dr. Dao if you’re unsure why that is), looking at the number of seats available in the highest of each of the classes of fare buckets (first, economy, etc) to find the approximate number of seats available on the flight gives you actionable information. Once you get there, it’s time to “game theory and chill”.

Good luck friends!

Next up: Expert mode for banana hacking, how to see if your banana is simultaneously overripe and green.

  1. Chase Ultimate Rewards has a 20% transfer bonus to Air Canada Aeroplan through September 30, and Aeroplan Visa card holders can stack their regular 10% bonus for a total of 30%.

    Unless you have a specific award redemption in mind, 1 Hyatt point is probably worth more than 1.2 or 1.3 Aeroplan miles so speculate at your own risk.
  2. Kroger stores have a promotion for 4x on One4All and Choice gift cards through August 25.
  3. The half-life of US Bank transfer partners seems to be a day; now there are only two left:

    – Ethiopian Sheba Miles
    – Accor ALL

    I guess by Friday we’ll have a half of a transfer partner, otherwise known as Frontier?
  4. Capital One Shopping has targeted promotions on the home page for:

    – $100 off of $100+ in hotels booked through Capital One Travel
    – $100 off of $100+ in rental cars booked through Capital One Travel

    Of course $100 off really means $100 worth of gift cards that are worth an average(ish) of $90 on the resale market. If you don’t have a Capital One Shopping account, use a friend’s referral and you’ll be in, even if you’re banned from Capital One Bank.
  5. Kroger stores also have a new promotion for 4x on all gift cards excluding Amazon from tomorrow through Sunday. Notably, flexible fuel cards are no longer excluded from 4x.
  6. Meijer mPerks has 10,000 points on $100+ in Visa gift cards through Tuesday, limit one per mPerks account.
  7. American Express added about 350+ hotels to its Fine Hotels and Resorts collection and its The Hotel Collection. There’s good new coverage in most of Europe, Asia, and North America.
  8. The Citi ThankYou Mastercard is targeting more people for its 8% back on $1,250+ in travel and entertainment, up to $125, once a month for August, September, and October. You might find it on the ThankYou dashboard offers section, Chrome seems to work best for that. (Thanks to Hippo 387)
  9. American Express offers has a card linked offer for $80 off of $400 at Alaska Airlines or Hawaiian Airlines through October 23. Alaska refund to wallet is a safe and easy way to game this one.

Happy Thursday friends!

Does this count as a good prediction or a bad prediction? The Western Union app could confirm either.

The Thing

US Bank launched transfer partners on its Altitude Reserve and FlexPerks Travel Rewards Visa cards (my hidden gem FlexPerks American Express card sunsetted and became an Altitude Connect Mastercard earlier this year or it’d probably be there too). Initial partners are:

– AirFrance / KLM FlyingBlue at 1:1
– Qantas Frequent Flyer at 1:1
– Ethiopian Sheba Rewards at 1:1
– Accor ALL at 2:1

They’re using a landing page at points.com for transfers, which means they’ll likely have access to many more transfer partners in the future.

The Impact

Because this is U.S. Bank where mediocrity is a way of life, this launch turns out to be … mediocre. Here’s some two-day-late Monday morning quarterbacking:

  • Accor ALL points are worth a fixed two eurocents each so that partner is relatively lame at 2:1. With current exchange rates, that’s effectively a fixed 1.15 cents per point
  • Ethiopian Sheba Rewards isn’t common, so let’s chat about it:

    – Ethiopian is part of Star Alliance
    – The Sheba Star Alliance Award chart is decidedly mediocre (to match U.S. Bank)
    – Redemptions on Ethiopian metal are zone based:
    Same zone: 15,000 miles in economy and 45,000 in business
    Two zone: 30,000 miles in economy and 60,000 in business
    Three zone: 🤷‍♀️
    – Ethiopian has 22 fifth-freedom routes (routes between two countries that aren’t Ethiopia). Pricing on these routes can be good
  • Because transfers are handled by points.com, I expect we’ll see more added rapidly after U.S. Bank figures itself out, but I really mean rapidly in U.S. Bank terms which means slowly in regular terms
  • Seats.aero already tracks Ethiopian miles, so the best redemptions are probably going to be rare thanks to the Tragedy of the Commons
  • Oh yeah, they have Qantas and FlyingBlue transfers too. Welcome to every other bank and FinTech on the planet I guess

The tl;dr: Some partners are better than none, but in this case not that much.

Happy Wednesday!

U.S. Bank transfer partner launch celebration swag.

  1. The Barclay’s Lufthansa Miles & More credit card has an increased sign-up bonus of 70,000 miles after $4,000 spend and paying the $89 annual fee within 90 days.

    The card is basically 1x everywhere on the earn side generally speaking, but it’s one of the best way to earn Lufthansa miles so I guess you win some and lose some? Did anyone notice that lose rhymes with floosies?
  2. The Citi AAdvantage Platinum Select World Elite MasterCard has an increased sign-up bonus of 80,000 miles after $3,500 spend in four months. The card’s $99 annual fee is waived the first year.
  3. Office Depot / OfficeMax Stores have $15 off of $300+ in Visa gift cards through Saturday. Practically speaking you should be buying these in even multiples of $300. Remember even and odd numbers friends? #MathIsHard

    These are Pathward / BlackHawk Network gift cards.
  4. Wyndham has a weird partnership with Costco that’s I guess tailored to the intersection of manufactured spend and award travel: Get 4,000 Wyndham points and a $40 shop card with a new Executive Membership using promo code WYNDHAM26 through September 16; you’ll provide your Wyndham Rewards number during the sign-up process.

    There’s also an offer for the Gold Star Membership, but you’d be making TeddyH cry if you chose that option. Of course Groupon may still be better because reasons. (Thanks to FM)

Happy Tuesday!

Leaving half eaten bars of chocolate ice cream in the fridge also makes TeddyH sad, reportedly.