1. Reader Mark wrote in to let me know that the Target RedCard deal is back, this time worth $80 for each cycle (you get one coupon for $40 off of in-store purchases, and another coupon for $40 off of online purchases). Remember, you can churn this deal. I believe currently you have to wait 48-72 hours between closing a RedCard and opening a new one, which is different than how it worked over the summer.

2. The Point debit card currently has an offer for 15x at Nike.com (or 30x if you’ve gotten your new Point card in the mail), for up to $50 total in cash back. Nike is also currently 5x at the Chase Ultimate Rewards portal and 10% cash back at RebatesMe, and historically physical gift cards have always tracked with portals.

Nike resale rates are around 91% right now, so for buying a $340 card the deal will be worth:

  • With RebatesMe, $53.40
    • $50 back from Point
    • $34 back from RebatesMe
    • -$30.60 resale loss
  • With Chase UR, $19.40 + 1,700 Ultimate Rewards
    • $50 back from Point
    • -$30.60 resale loss
    • 1,700 Ultimate Rewards from Chase

Not bad for probably 4 minutes worth of your time. You can check the current shopping portal rates at cashbackmonitor, and as always, if you sign up for Point use a referral because the referral bonus is $100 while the public offer is $10. Get a referral from a friend, or reach out to me in a pinch.

MS Hint: These are just a couple of debit cards that could be part of your churning toolbelt. Get out there and find a few others, there are some crazy and valuable options.

I mistyped a search at Google with”churning curds” and got this. I call it serendipity.

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