Author: matt

Over the weekend there was a 4x fuel points promotion for Kroger stores which usually causes BestBuy volume to crank up to an 11, but that didn’t happen this time. Sure, there was some BestBuy buying capacity to go around in select circles, but only at roughly 15% capacity of what would normally be available. What happened? Two things:

First, January is always really slow for gift card reselling and this year it’s even slower than normal, likely due to supply chain issues that mean retailers aren’t holding major sales.

Second, BestBuy stopped giving refunds on lost and destroyed packages to accounts of suspected resellers starting sometime around Christmas. With approximately three percent of packages lost, this means that less-crafty BestBuy resellers need to factor another loss into their cost of goods sold.

With somewhere around a third to a half of those resellers not yet figuring out how to work around the reseller flag, BestBuy rates were reduced by about 1.5%. Yay efficient market, but boo for gift card resellers.

Of course I have no idea how the BestBuy gift card market will actually look in the future, but based on watching BestBuy’s growing disdain toward resellers, I think the outlook for 2022 BestBuy gift card resale rates isn’t as rosy as it looked in 2021. Go ahead BestBuy, prove me wrong. I dare you.

BestBuy’s Kitty Sanchez to resellers: “Say goodbye to these, Michael”

Because American Express is still on its New Year’s bender, it’s given us a couple of tidbits related to the crazy offer for up to 1.9 million Membership Rewards points that surfaced in fall 2021 for Business Platinum cards. (Refresher: $4,000 spend on an employee card gives 20,000 bonus points, and you can have up to 99 employee cards per Business Platinum card):

1. According to multiple AmEx call center representatives, the offer on Business Platinum cards is scheduled to be available through late April. Of course that could change at any time so don’t treat it that as your reason to procrastinate.

2. An anonymous friend let me know that there’s a similarly structured offer on his Delta Gold Business card offer for 5,000 SkyMiles for $1,000 in spend, per employee card. Chris let me know that an identical offer was present on his Delta Reserve Business card too, effectively making both of these deals 6x SkyMiles up to $99,000 in spend.

As we learned in the 2021 recap, this offer doesn’t show up online and you have to call and ask about it to enroll, because reasons. So, if you have Delta business cards or any other American Express business cards, when you’ve got a moment give the number on the back of your card a call and say “Are there any offers for adding employees to this card?”

I’m still not sure who’s actually running the show over at AmEx, but wow guys, keep it coming.

American Express’s CEO barking clucking out orders for new card member promotions.

Introduction

Literally no-one: What’s the bane of every manufactured spender’s existence?

MEAB: Great question! It could be: Karen cashiers, broken money order terminals, gift cards that have been tampered with, other customers in line, made up rules, or a dozen other things.

I want talk about a workaround for one of those banes in particular today, credit card fraud alerts.

Going on a Manufactured Spend Trip

The best manufactured spend techniques let you spend large amounts in a single transaction, but these are also the most likely to be flagged as potentially fraudulent by credit card issuers, more so if they are round numbers. In fact, if you have a $2,500 purchase at a grocery store and the bank rhymes with pretty-skank, I’d give you 9 out of 10 odds that you’re going to get a decline on the first swipe and a subsequent fraud alert that takes at least a couple of minutes to sort out.

There’s an easy way around those algorithms though; when banks think you’re on a trip they expect abnormal purchases. So before buying $2,500 worth of “kombucha”, open the bank’s mobile application on your phone and set a travel alert for the state you’re in, even if it’s the same state you’re always in. Afterword, that purchase is likely to sail right through.

Happy weekend friends!

There are at least of four banes of my existence in this image. How many can you spot?

This is absolutely the slowest time of the year for gift card reselling, and 2022 has started out even slower than normal. Kroger is doing its best to change that with a Friday through Sunday 4x fuel points sale, but even that isn’t going to revive the market with meaningful volume given the backlog that aggregators currently have. Here’s what I’m seeing out there, and it’s a bleak January:

Tier 1 Cards

Resale rates (without fuel points) are weak and capacity to buy is currently small:

  • BestBuy: 95.5%
  • Home Depot: 93.5%
  • Apple: 93.5%
  • Nike: 93%
  • Lowe’s: 91%

If you’re really good at fuel points and can use them for yourself, they’re worth $35 per 1,000 which will easily make up for any loss you have when reselling Tier 1 cards. If you’re less good at them, their value is closer to the $15-18 range which can still make these deals worthwhile, provided you find a gift card buyer with capacity of course.

Tier 2 Cards

Tier 2 cards cards like Adidas, Target, Bed Bath & Beyond, and Gap just aren’t moving right now but I expect that to change by the end of the month. That said, even when these cards start moving it typically only make sense to buy when there a good deal on them, and those deals are likely to be non-existent other than perhaps for MLK weekend, so don’t get your hopes up for any volume.

Tier 3 Cards

Lower tier cards like Domino’s and Bath and Body Works are also at a stand-still, but unlike the tier above, I don’t really expect them to start moving until February and I’m not expecting any major deals on them until then either. So if you got some of these over the holidays, it may be best to order what Domino’s calls a “pizza”, but the rest of the world calls “cheap cheese, red paste, and grease bread”.

How MEAB is Playing It

I’ll be using Kroger’s 4x fuel points sale to offset the loss in selling Tier 1 cards this weekend, but it’s not going to be any sizable volume. Instead I’m focusing on non-gift card reselling techniques to keep the my spend up, and I suggest you do the same.

Good luck out there!

Special thanks to Travel With a Point for noting a grammar error in the original version of this post.

Pizza purchased with your holiday gift card: a bargain rip-off at twice half the price!

1. People that know me well know that I like to mentally explore bad ideas even if I wouldn’t do them, and this item definitely falls into that category. So I don’t recommend you do this, but if you have both a Chase Sapphire Reserve and a Chase Freedom Visa you can come out ahead with $600 in travel credits on the $550 annual fee every year. To do so:

  • Spend your Sapphire Reserve $300 travel credit
  • Downgrade your Sapphire Reserve to a Freedom Visa for a prorated annual fee refund
  • Upgrade your other Freedom Visa to a Sapphire Reserve, pay a prorated annual fee
  • Spend your new Sapphire Reserve $300 travel credit

I think that there’s a distinct possibility that shenanigans like this will get you axed by Chase and I wouldn’t do it, but it’s worth illustrating because the same thing will probably work at other banks with other products that you care a lot less about, and learning the trick could come in handy in the future. (Thanks to discussion over at reddit for pushing me in the right direction)

2. Reader Mark passed along a 2022 version of the American Express Pay Over Time offer for 20,000 points, make sure you check all of your charge cards for eligibility. Additionally, make sure you’ve disabled Pay Over Time on your charge cards at this link to have a shot at being targeted in the future if you weren’t on this round.

As with most (but not all) American Express bonuses, plan on holding the card for 12 months if you take a Pay Over Time bonus offer.

American Express and Chase are like two peas in a pod hotdogs in a bun.

Foreward

In 2021, the simplest way to cash out travel incidental credits on American Express cards, PenFed Pathfinder cards, Bank of America Premium Rewards, and UnionBank Rewards cards was to buy United TravelBank credit directly because it can be banked, combined, and used for airfare on any United flight and it didn’t require any weird gift cards or other “one weird trick” style hacking but was still reimbursed by credit card issuers. TravelBank credit also has a long expiration at 5 years so you’ve got time to figure out how best to use it.

Well a few short hours into December 31, reports came in that United TravelBank had been taken offline. There was an ensuing panic in just about every forum that I’m affiliated with. Fortunately the panic was short-lived, TravelBank came back yesterday afternoon and hundreds of hackers rushed to cash out credits within minutes.

Was rushing to cash-out a mistake? Honestly I think so even though it’ll probably work out just fine.

Being Level-Headed

I have a compulsive urge to knock out all of my yearly credit card annual credits as early as possible at the start of a new year so that I don’t have to think about them all the way until December 31, and I have zero doubt that many of you are exactly the same. That said, I’ve learned to hold back and wait for data-points to come in regarding what works in the new year and what doesn’t, and I hope you’ll do the same. There are legion travel hackers out there who have already all tried to cash out their 2022 credits in non-perscribed ways for:

  • Airline incidentals
  • Travel credits
  • Saks
  • Clear
  • Global Entry / Nexus / Precheck

But, there isn’t yet a datapoint that any of the opportunities that worked last year continue to work now, simply because not enough time has passed for a credit to post. In fact, many things change when the calendar does, like, I don’t know, United TravelBank going offline.

So, maybe wait a few days so we know that what worked last year will continue to work so that you’re not stuck with an unreimbursed $200 charge? If you’ve already become the data point, I sincerely appreciate it and I understand it at my core, but that’s not how I’m playing it (anymore). We’ll all learn from your hard work and we’ll all be grateful for your data-point.

Happy travel credit hacking!

Level headed travel credits.

It’s great to vibe with the flow after the slow week between Christmas and New Years. Here are five interesting things that came up over the weekend:

1. Seth from wandr.me and the Dots, Lines, and Destinations podcast has released a tool that I’ll be using a lot: Where the Widebodies Are. This tool lets you search through airline schedules for where widebody (two-aisle) aircraft are flying domestically. I prefer widebody aircraft because:

  • They often have lie-flat business class seats and quite a few of them for upgrades
  • They often have large premium economy cabins (like domestic first class seats)
  • Typically the outsides of the aircraft are two seats wide in economy, so no middle seats
  • They’re smoother than lighter single-aisle aircraft

2. I’ve had multiple readers tell me that they can’t get PayPal Key, and the old tricks for getting it on your account stopped working over the summer. Fortunately, there’s a new trick for getting PPK:

(Thanks to Agile.Travel for pointing me to this post at reddit)

3. The Citi Shop Your Way Rewards Mastercard (a MEAB Unsung Hero) has a targeted great offer to ring in the new year: 15% back on gas, grocery, and restaurants each month for January, February, and March. The minimum spend each month to trigger the offer is $500, and the maximum spend for 15% back is $600. Over three months, that’s $270 back in statement credits. Talk about a nice hit for a no-annual fee card.

Look for the targeted link in your inbox, the subject for mine was “Matthew, your new offer is here. But only for a limited time.  Activate now.“

4. Stockpile is still allowing fee-free purchases of up to $1,000 in stock gift cards per day per email address with a credit card, but the annual limit (per email/IP/cookie) is $2,000 .

5. The Target RedCard $80 back ($40 online and $40 in-store) for opening a new RedCard debit or RedCard credit card deal is back through January 15. Both cards definitely have their uses, and notably can be churned. Just make sure you wait at least three business days between closing and reopening to avoid any speed bumps. You can read more about why this is useful with Target Redcard Hacks.

Running with the cool kids was never more purple.

Introduction

In what has become an annual MEAB tradition for an unbelievable streak of two years in a row (if you include this year), it’s time for another installment of Travel Hacking as Told by GIFs. The 2020 version was, naturally, a rousing success. Time for another one of those, or something.

Let’s Go!

Virgin Atlantic Devalues its Award Charts and Expects us to Book Anyway

Partner flights on Delta tripled in price in many cases. You know that you’ve gone way too far when Delta SkyMiles award prices to Europe are cheaper than yours.

PayPal Key Blocks AmEx on January 4

Remember how merchant coding didn’t pass properly to AmEx via PayPal and everything was a “global restaurant” when you bought with PPK? I do. sniff

Citi Pay-By-Phone Accepts New Cards

When the new year ticked over, a new year’s worth of expiration dates started to sail through, and we celebrate.

American Express Master Value Injection 2.0

Personal Platinums get $30 at PayPal. Co-brand business cards got $10-$20 off of wireless services. Co-brand personal cards get $10-$25 off of dining. It all resets every month! Also, business Platinums get +4x in four categories. We’re happy at first…

American Express with Master Value Injection Redux

By March, we realize we’re working for American Express to cash out a dozen small monthly credits, and it feels like we’re getting nowhere fast while we try and twirl through our credits.

Bank of America Launches a Spirit Airlines Co-Brand Card

Someone really thinks we’ll go for this? Also, 40,000 miles is stingy, even for Spirit.

Fluz Launches power.fluz.app

If you know, you know.

Breeze Airways Takes Flight

We have a new US based air carrier and we got to see its inaugural takeoff roll.

Citi Launches the Custom Cash Card

It’s a no-annual fee card that earns 5x per month on $500 spend in whatever category you spent the most on. Bad? Not at all. Amazing? Not really, but we’ll take it. Unfortunately for me I got a $20,000 credit line on a card that will never see more than $500 in monthly spend.

Visible Sends Us Giant Piles of Mastercard Gift Cards

The Ting to Visible+Rakuten deal landed some over 30 $100 gift cards in their inbox. Now if I just knew where my Creedence was.

The American Express “Three for All” Deal Dies

American Express gave us a bonus three points per dollar, uncapped, for referring someone (like P2) to a new card. Obviously this was abused and became a goldmine.

The American Express “4 for Us” Deal Surfaces

Maybe the “4 for us deal” isn’t quite as lucrative as “3 for all” for heavy hitters, but it’s a great consolation prize to close out 2021. I got one for me and one for P2, but wish I had tried even harder.

American Airline’s SimplyMiles Roller Coaster

We’re all going to get 240 miles per dollar. No wait, we’re not. No, it’s going to post! Then it posts! Then it unposts! Then it posts! Then it unposts!

The Dust Settles and 240 Miles Per Dollar Actually Shows Up

Former US Airways management proves that it can still make a deal that puts other deals to shame, even though they can’t make a sandwich.

Fee-Free MS with Point Dies

You could load cash onto the Point debit card with a credit card using Apple Pay, fee-free, up to $12,500 per month, and then spend the money and earn another 1% on top. It even worked with American Express.

We watch the Marriott Program go from Bad to Worse

After years of devaluation, Marriott gave us something different another devaluation.

Getting Creative with Rental Cars During Carmageddon

Bob at the local mechanics shop will let you rent a fixer-upper for only $150 per day, unlimited miles. What a steal!

Running to Meijer for the Sale of the Year

Meijer announced that they were giving 10% off of third party gift cards for two days, and MSers ran to the Midwest for a feeding frenzy.

Flight Attendants Get Trained on Unruly Passenger Handling

Smh, smh, welcome to flying in 2021.

Debauchery With Reddit Mods and Chase Links

Links were allegedly stolen from source code, reddit /r/churning mods had massive infighting, links were released to the public to hide serious abusers in a crowd, inevitably a bunch of shutdowns occur, and one of the perpetrators walks away unscathed. This could honestly be an HBO mini-series.

Flight Attendants on British Airways Celebrate the Reopening of US Borders

BA1 marked the return of leisure travel to the United States, or at least that was the plan before Virgin Atlantic stole the crown. Fortunately, Miles Earn and Burn has obtained exclusive footage from the safety briefing so we can all take part in the early celebration.

Virgin Atlantic and British Airways Orchestrate Simultaneous Takeoff

After the safety briefings, British Airways and Virgin Atlantic organized a coordinated takeoff at London Heathrow. Later VS decided that it didn’t want a synchronized landing, it wanted to win; so, yay teamwork?

American Express Shuts Down Some Cardholders

It’s always the ball you don’t see coming, right? American Express shut down accounts for cardholders that had opened one or more business cards with the help of a particular employee, and without regard to literally anything else. Imagine opening a single Business Platinum card in 2018 and then having this happen in 2021…

American Express Reinstates Shutdown Cardholders

It turns out that if you’re persistent and if you ask enough times, you’ve got a great shot of AmEx reinstating your accounts. Just make sure you wear your Sunday best.

Screenshotting Offer Terms and Conditions

Sometimes we need to have a picture of what we’re offered to keep a company honest. I prefer using a phone or computer’s built-in tool, but if you’re part of any Slack or WhatsApp groups, you’ll know that not everyone feels the same way.

Your Friend Asks You What It’s Like to Fly Eleven Hours in Coach

Uh, we literally have no idea. If it’s not a lie flat, then we haven’t done it. We might look rugged and experienced, but honestly we haven’t been past row 16 or so on a widebody aircraft since, I don’t know, ever.

GoBank Discontinues Its Card

When notice came in mid-August that GoBank was shutting down in favor of Go2Bank, MSers swiped repeatedly at Walmart to offload gift cards (including Metabank) while they still could.

Brex Gives us Hundreds of Thousands of Points for Very Little Effort

It took me under five minutes on the phone to link PayPal to Brex for 100,000 points. And then there was the 110,000 point sign-up bonus in early February. Oh, and you could do it multiple times with multiple business. In my state, you can register a business for only $70, so there’s that too. (It’s not quite as good, but you can keep the party going in 2022 with the TravelBank 75,000 points after spending $1,000 offer.)

BestBuy Disables Auto-Checkout Bots During Black Friday

BestBuy knows that auto-checkout bots exist, and has countermeasures to disable them. Why does it turn them on for only a week or two a year? I have no idea.

American Express’s Secret 1,900,000 Membership Rewards Offer

Employees that shared your name but with roman numerals were never more exciting! This deal is still scheduled to run well into 2022 on many business cards by the way; you just have to call and ask, because I guess you’re just supposed to know that AmEx has phone only offers and to check periodically?

BravoPay Tries to Fix the 2% Liquidation Loophole

I literally think every day about how badly BravoPay’s programmers built the app and how they tried several times to repair it but kept failing. “It’ll buff out, right?”

Airline Customer Service Teams Try and Keep-up

Apropos of nothing, do you remember how the CARES act was supposed to keep everyone employed at airlines? Anyway, I’m sure that worked out well and nine-hour hold times are how it’s always been, right?.

Pre-check and Clear Make Us Complacent About Timing

Leaving your house 26 minutes before your airline’s schedule departure is prolly fine right?

Getting excited for the Capital One Venture X Card

… and then getting denied.

Staples Runs Another $200 Fee Free Gift Card Sale

It only comes around for two to three weeks a month, so the excitement is hard to summon.

The GivingAssistant Portal Falls Apart

A few probers out there knew that GivingAssistant was really good at awarding cash back even when other portals wouldn’t, like buying Apple Products on BestBuy.com. Did our experimenting cause it to fall apart?

Miles Earn and Burn Celebrates a One Year Anniversary

You may have figured out by now that I’m not big on ceremony for the sake of ceremony, so you probably won’t be surprised to learn that I spared you all from another “WE JUST TURNED ONE YEARS YOUNG!!” blog post. But, the anniversary technically did occur.

The Worst Credit Card Takes a New Tact

I don’t yet have a formal Unsung Villains series to match the Unsung Heroes series, but if and when I do the Mastercard Black Card card will be at the top of the villains list. The thing is, they know that their card is bad so their marketing department has to stretch. Recently they’ve started advertising that their card is heavier than the competition. Wow, you mean my wallet can get even thicker?!? Sold!

Thank You!

I don’t say it enough, but I appreciate everyone’s support over 2021. Thanks for your emails, your Telegram messages, your Slack and Discord groups, and your Patreon memberships. I’m really here because of you.

Until next year, friends!