There’s a lot going on to take you into the weekend. If it’s your thing, get out and enjoy the weather this weekend. I certainly will.

1. Yieldstreet is paying a $500 bonus for parking $10,000 with them for 60 days. I’ll be doing this one for sure; a few caveats: It seems like referrals aren’t eligible for the bonus so don’t use them, and their investments are possibly of dubious quality so make sure you’re confident in what you do. For me, I’m going to park $10,000 in their FDIC insured account and skip their investment options. My return will be the $500. Thanks to reader DC Domer for bringing it to my attention.

2. Staples has fee free Visa Gift Cards from Sunday through Saturday, limit 5 per transaction. Before buying though, make sure you can liquidate them somehow. There are definitely still ways out there, the absolute highest fee version of which is Bravo — but you can do better.

3. Check to see if you’re targeted for 30% or 40% back at Amazon when using at least one Discover point at checkout. I was targeted for 40% off, and I’ll be buying a BestBuy gift card which I think you could have seen coming from a mile away.

4. The Free-quent Flyer has a great article about where to credit flights when flying American, Alaska, or JetBlue now that weird partnerships have become the norm in the US. I’d recommend setting aside five minutes to read it sometime this weekend.

Have a great weekend!

Shouldn’t tennis doubles be tennis quad? I bet you didn’t see that coming from a mile away.

Three things to keep your Thursday flying high:

1. SideshowBob233 let me know that has an offer for 10x at Whole Foods, up to $500 in spend through June 13. Some Whole Foods stores carry Visa and Mastercard gift cards, and all carry Amazon gift cards. Either way, that’s an easy win if you happen to be near a Whole Foods.

Note: If you don’t yet have Point, find a referral link to sign up because the sign-up bonus without a referral is $10, but you’ll earn either $100 or $250 for you and the referrer if you sign up with a referral. (It used to be $100, but it now shows as $250 in my app, and some apps don’t currently have an offer. Try and find a friend’s referral first, but if your friend doesn’t have the $250 offer you can reach out to me.)

2. Greg at the Frequent Miler shares a sign-up link for an American Express Business Gold card with a 90,000 Membership Rewards bonus after spending $10,000. This link is unique because it doesn’t contain lifetime language, so you can get the bonus even if you’ve already had or currently have the card. I would absolutely sign up for this other than I’m at eleven American Express charge cards (and there’s a ten charge card limit, or so people say). If it’s still around in a month though I’ll be able to close an existing charge card and go for it.

3. Southwest is having a fare sale with flights starting at $49 each way through today. They’ll also likely be extending their schedule today, so book your fall flights now. Even better, book the cheapest fare within two weeks of your desired flight day, then when for the Southwest free change window to open up and switch to the flights you really want at no extra charge.

Your high flying $49 Southwest flight’s takeoff roll.

1. Chase Ink Business cards (Cash, Preferred, Unlimited, and Plus) have a targeted offer for 5x on Home Improvement Stores and Shipping, up to $10,000 spend per card. Visit to see if you were targeted. My go-to for knocking this one out will be $500 Visa or Mastercards gift cards at Lowe’s. In case the generic page doesn’t work, you can try one of these specific ones which were pretty easily guessed:

Thanks to Reddit user TheSultan1 for the initial tip.

2. You probably know how I feel about the Chase Sapphire Preferred card (it’s a decent card, but way over-hyped and probably not the best option out there for most of you). So, you know that if I’m writing about it it’s probably worth taking a look, and now there’s a twist that indeed makes it worth a look: If you apply in branch, the annual fee is waived for the first year and you still get the 100,000 Ultimate Rewards sign-up bonus after $4,000 spend. Of course make sure you don’t hold a Sapphire card currently, you haven’t had a Sapphire bonus in the last four years, and that you’re under 5/24. Or just go for an Ink Preferred 100,000 offer and skip most of the nonsense, though you will pay the $95 fee.

3. Chase green star offers are back. As a reminder, these offers bypass the usual 5/24 and prior bonus restrictions. To see if you’re targeted, log in to your Chase online account, click the hamburger menu icon (☰) in the upper left, click on “Just for you”, and look for offers that have a green star or black star icon.

Personally, Chase punked me with my only green star offer. Oh how I miss the US Bank / TD Buxx cards.

The great Chase punkage of June, 2021.

This week is bound to be a little slow after the Memorial Day frenzy, but there are still deals coming, keep your heads up:

1. Brex has a 25% transfer bonus for Avianca LifeMiles running through July 2, 2021. The LifeMiles award chart has some sweet spots, and it’s a currency that’s been extremely hackable and currently still is mostly hackable. The current award chart has relatively decent prices to Europe at 63,000 miles for Business class or 87,000 miles in International First class, with lots of availability through Star Alliance partners. AwardWallet has a nice tabular LifeMiles Partner Award Chart, and region definition to help you strategize.

Hint: A lot of the value in LifeMiles comes from their definition of a region.

2. AA has a portal shopping bonus of 1,000 miles for installing their browser extension toolbar and spending $25 at a supported merchant between now and Friday. I’d do this in a separate browser and disable the extension instead of uninstalling it so they don’t get notification that it was removed. (Alternatively, you can disconnect from the internet and uninstall for the same effect.)

If you have normal shopping, do that. Otherwise, I’d just buy an ebay $25 gift card at and sell at 90%, which will earn you 1,000 AA miles for a cost of $2.50. At that rate I’d buy a million AA miles, seriously.

A picture of four basketball players all looking up.
Keeping our heads up for deals falling from the sky.

Unless you’ve been stranded on a desert island all weekend, then you’ve almost certainly heard about the Chase Sapphire Preferred’s 100,000 point sign up bonus because it pays affiliate bloggers a hefty commission when you open a card with their link, and in fairness it is indeed a historically high sign up bonus (my link is not an affiliate link, it’s not my style). Should you go for it? Maybe, but it’s definitely not the best thing that happened in travel hacking since AA retired its torture-tube E-140 fleet. A few things to consider about the card’s 100,000 points:

  • You’ll have to be under Chase’s 5/24 limit to even get the card, with or without a bonus
  • You can’t have earned a Sapphire sign-up bonus in the last 48 months
  • You can’t currently have a Sapphire product open
  • This is only 10,000 points more than the current usual 90,000 points offer, hardly something to write home about UPDATE: Harv notes that 80,000 points is the usual offer, thanks for the correction
  • The Chase Ink Preferred has a normal 100,000 point sign up bonus, and you can churn it — repeatedly

That last bullet is of particular note. You can get multiple Ink Preferred cards (even in the same week), they earn the exact same Ultimate Rewards, they don’t count against 5/24 when opened, you don’t have to worry about them showing up on your credit report, you get essentially the same benefits as the Sapphire Preferred, and they’re honestly pretty easy to get as far as Chase cards go. You can product change them to a no annual fee Ink Cash for 5x at office supply stores when the annual fee hits the second year too. Even better, Chase regularly targets business owners for 125,000 Ink Preferred sign up bonuses by mail or just for asking a banker in branch.

So, if you’re excited for the 100,000 point Sapphire Preferred bonus and it still fits given everything, by all means go for it but make sure you do the Chase Modified Double Dip which will earn you 160,000 points rather than getting the Sapphire Preferred 100,000 points by itself. Otherwise though, maybe consider opening an Ink Preferred or two instead.

Where you’d have to be to not have heard about the Chase Sapphire Reserve sign-up bonus.

In this hobby we’re really good at moving money around from bank a, to credit card b, to debit card c, then maybe back to bank a. We’re also good at parking money in accounts for a $750 bonus at Bank of the West or a $600 bonus at HSBC. If you’re like me, that means large sums of money are occasionally sitting in bank accounts, partially as a cushion for lax record keeping in order to avoid overdrafts in case you forget about a pending ACH or charge, and partially as a holding pen for sign-up bonuses or other perks. (And let’s not talk about the stack of gift cards waiting to be liquidated on my desk on any given day.)

When you’re letting money sit you’re subject to the opportunity cost of what that cash could earn if you didn’t leave it parked in some rando bank account. That money could instead be invested in high interest checking accounts (3-5% APR can be had with just a little bit of effort and some scheduled Plastiq $1.00 payments or with Debbit), maybe in US Treasury bills, perhaps you could be putting your money into buying Playstation 5s or graphics cards for resale, or you could be actively or passively investing in the stock market. All of those things will (hopefully) earn you money, and it’s quite likely that you’ll earn more money in those vehicles than the almost nil interest rate your bank probably pays. You’ll potentially earn more than you’re getting with sign-up bonuses too.

MilesEarnAndBurn Case Study: I’m a 90% passive index fund investor (VTI and VEU if you must know) with the other 10% being my own active stock picking based on fundamental market value and a very small smidge of speculation. I’m often right enough about my active stock picks that my 10% allocation grows to be 12% or 14%, so I rebalance back to the 90/10 split and keep going. What does that tell me? If I had a smaller cushion in my bank accounts and better record keeping about money flowing around, I’d have more money for investing, which will almost certainly outperform my stupid 0.005% APR checking account returns in the long run. I’m costing myself real money with my current strategies. I can and will do better.

Takeaway: Pease take a few minutes this weekend to think about your cash, how it sits and how it flows, and whether you’re using it in a way that you’re happy with. Don’t discount that there’s inherent value in simplicity too, if it’s just easier to let an extra $10,000 sit at a bank account to avoid the mental load of more strenuous record keeping, so be it. To be sure, I’m not suggesting any one particular investment vehicle or investment strategy — do what works for you, but please make sure what you’re doing is intentional.

A picture of quite a few US Dollar bills frozen in a large cube of ice.
A representation of how I’ve failed my bank account.

It’s one of those weird holiday weeks where Monday seems like Sunday, Wednesday seems like Friday, and Citi seems like its servers consist of MS-DOS and Windows 95 machines running in a shed in rural Ohio. (One of those things is true.) Here are three to carry you toward Friday: (or is it Saturday?)

  • posted my Amazon 10x points bonus for buying a gift card as expected; what I didn’t expect was that they’d stack the normal 3x at Amazon on top of it.

    Now, they’ve got a $30.00 cash back / 3,000 point “streak” offer for using the card for 5 days in a row with an aggregate purchase size of $100. They’ve also got a 5x offer at BestBuy, both promotions run through June 13. So buy a $100 BestBuy gift card and then use Debbit for 4 days to make a $1.00 transaction automatically; you’ll earn $39 in points for spending $104. If you don’t have, find a referral link from a friend and you’ll both earn $100 back.
  • For Amazon Prime members only: Buy a $40 Amazon gift card and get a $10 bonus Amazon gift card. You can resell well above cost, but I’m guessing many of you will easily spend $50 at Amazon anyway, so consider sending yourself the card.
  • Register here for 25% back on Hyatt award stays between June 15 and August 20 at JdV, Destination, or Unbound Collection Hyatt hotels if you have the Chase World of Hyatt credit card. If any of those brands line up with your travel plans already, 25% is a great incentive. I’d suggest registering even if you don’t currently have plans in case you end up at one of those hotels before August 20.
Thursday is basically the weekend indeed.

In what seems to be a recurring theme for 2021, another airline is having an anniversary contest in an attempt to generate marketing buzz, and, unfortunately, it’s working. (It worked for AA and United too.) Who’s next? If it’s a big US carrier, the only real option is Delta. I’m resolving right now to not fall into writing about a Delta anniversary scheme because at least once this year I don’t want to be played by an airline’s marketing department.

Anyway, Southwest has a 50th anniversary game going between now and June 18 at this link. You can enter once per day per Rapid Rewards account. My P2 won 50 Rapid Rewards points and I won nothing and got played. (That said, I did end up winning about 18,000 miles in the AA sweepstakes, so I will be playing this Southwest one daily, unless it plays me, amirite?)

Live capture of Southwest’s marketing department scheming.