1. The US Bank Smartly Visa is changing on Monday:

    – Boosted 4x, 3x, and 2.5x earning will be capped at $10,000 spend monthly
    – Funds in brokerage, savings, or retirement accounts will no longer be eligible for boost
    – There are new exclusions to boosted spend including education, gift cards, bill payment services, and tax payments

    You can still get the older, better version of this card through Sunday night, so consider going for it now if it’s been on your radar, and especially so if you don’t have an Altitude Reserve.
  2. ANA will be devaluing on June 24. The changes:

    – High season redemptions all increase in cost, in the worst cases at 50%
    – One way award bookings will be supported
    – Round-the-world tickets will no longer be bookable

    American Express Membership Rewards transfer to ANA but it’s not instant. If you want a round-the-world ticket, there’s still time for one last hurrah.
  3. Alaska has a paid and award ticket sale, and the redemption values are great:

    – Mid-continental flights at 6,500 miles
    – Trans-continental flights at 9,000 miles
    – Mexico flights at 12,500 miles

    Travel is valid through June 17 and there are route specific blackout dates.
  4. Kroger has a 4x fuel points promotion on third party gift cards starting today and running through April 22. Amazon gift cards are excluded.

    Pepper continues to push the market for many third party cards down, but brands that Pepper doesn’t sell like lululemon and brands that Pepper limits like BestBuy are currently good options.

A soon to be collectors item.

  1. The American Express Business Platinum’s Dell and Adobe credits are changing starting on July 1:

    – The Dell credit will be $150 annually, plus another $1,000 after $5,000 in spend at Dell
    – The Adobe credit will be $250 off of $600 in Adobe products

    You can take advantage of the current credits before July 1 and still be eligible for the updated credits when they come. I’m personally disappointed that Dell isn’t gone so that I don’t have to think about it any more, but for people playing Dell buyer’s groups games, the new structure is probably better.
  2. Zift Zillions cards earn 12x points at Giant, Martins, and Stop & Shop through Wednesday Thursday (Thanks to Eugene for the correction). Note that Giant Food stores are owned by the same conglomerate but are only paying 4x.

    There’s a Citi Merchant offer for 5% back up to $30 at Stop & Shop too. (Thanks to GCA)
  3. The best and worst performing major US airlines as measured by the stock market have Q2 shopping portal bonuses:

    AA eShopping: 500 miles after $200+ spend through April 14
    United MileagePlus Shopping: 500 miles after $100+ spend through April 14

    An obvious choice is giftcards.com.
  4. Chase Offers has an offer for 5% back at giftcards.com, and it’s potentially available on multiple cards for the same cardholder too too. (Thanks to Carl)
  5. The Chase Sapphire Preferred 100,000 Ultimate Rewards bonus is now available via referrals.

  6. US Bank’s business checking bonus for Q2 is here using promo code Q2DIG25. For both tiers of bonus, you need to maintain a minimum balance and have five transactions within the first 60 days. Last time I knocked this out, I scheduled five $1 ACHs. The tiers:

    – $500 for bringing $5,000 and maintaining at least that between days 30 and 60
    – $900 for bringing $25,000 and maintaining at least that between days 30 and 60

    Both are interesting if you time it right, and holding $5,000 in a business checking account with US Bank is a great way to shake-loose credit card approvals. If you’re not in the US Bank footprint, opening a brokerage account or CD first will get you in the door.
  7. United has an economy award sale for co-brand card holders with travel booked by tomorrow night for flights to Latin America through September 30. One-way fares:

    – 9,000-11,000 for Mexico
    – 18,000 miles for Central America
    – 30,000 miles for South America

    If you choose your route correctly, lie-flat business class cash upgrades can actually be quite reasonable and there’s no cancelation fee so you don’t have to slum it in the back if the cheap upgrade doesn’t materialize.

Happy Tuesday!

Eight cardboard computers at Dell will soon earn a $1,000 statement credit.

  1. Southwest has a fare sale for paid and award travel between April 22 and August 27 with promo code TAKE30. There are some blackout dates, and the blackout dates seem more city specific than the terms and conditions suggest.

    Tickets booked before May 28 still get free checked bags and no change fees, and a small bright spot is that the variable Rapid Rewards redemption rates are more favorable on the flights eligible for the promo code too. For some bad analysis redemption values, compare the pre-sale cash price to the post-sale award price and marvel at how your math approaches TPG valuations.
  2. Chase’s Q2 2025 Pay Yourself Back categories for Sapphire cards are: gas, grocery (but not Walmart or Target, and probably not Han’s Deli either), pet supply and vets, charities, and annual membership fees. Charities pay a +25% bigger boost, and redemptions continue to be uncapped.

    They have co-brand card Pay Yourself Back on Marriott Bold, United, Southwest, and Aeroplan with relatively small limits, but the cashout typically only makes sense on Marriott Bold or Aeroplan.
  3. AirCanada Aeroplan has opened registration for a promotion for 3,000 bonus points on a one-way booking, or 6,000 bonus points on a round-trip booking made by April 13 for travel through December 15.

    News outlets have been parroting a 75% drop in bookings between the US and Canada since the trade war started which is likely extremely exaggerated due to flawed study methodology and sample bias. The real number may be closer to 10-20%, but either way it’s bad. I expect this promotion will be copied in spirit by US Airlines relatively soon.
  4. JetBlue and Icelandair have a new partnership, so I guess you can choose between poor redemption values from TrueBlue and poor (future) redemption values from Southwest Rapid Rewards.
  5. American Express Membership Rewards has a 20% transfer bonus to Etihad Guest and a 20% transfer bonus to AeroMexico ClubPremier. The former is a great backdoor way into short-haul AA travel.
  6. Chase Ultimate Rewards has an 80% transfer bonus to IHG through April 30, making it a 1,000:1,800 transfer ratio. In general you can do better by other booking games, but there are use cases where IHG points bookings have outsized value.

Deriving TPG point valuations.

  1. American Express has targeted more accounts with a bonus of 20,000 Membership Rewards for enabling Pay over Time on its charge cards. A few notes:

    – Set a reminder to disable Pay over Time after 121 days to be eligible to be retargeted
    – If multiple cards are targeted, activate quick on all of them

    What happens if you turn off Pay over Time before then? To the penalty box! (Maybe)
  2. American Express has a Q2 referrer bonus for 5x earning on up to $25,000 spend in travel and transit for three months in addition to the 15,000-35,000 Membership Rewards the referrer typically gets.

    The offers available to the referred haven’t changed, but referring to a business card that you close quickly without hitting a sign-up bonus is one way to play the game. (Thanks to mra101485)
  3. Kroger has fee-free virtual Visa and Mastercard $100 gift cards online with promo code NOFEEMADNESS through tonight, and these will earn Kroger fuel points too. This also marks the first time that I’ve seen Mastercards sold at Kroger.com since they transitioned from US Bank to BlackHawk Network for gift card fulfillment.

    These are Pathward gift cards.
  4. Chase’s Sapphire Reserve used to earn 10x points on all Lyft purchases, now that drops to 5x through September 30, 2027 which matches the earn on Inks and the Sapphire Preferred. There’s a new monthly credit of $10 towards Lyft rides for the Sapphire Reserve only through the same time period.
  5. As of today Fiji Airlines award tickets can be booked with AA AAdvantage miles joins oneWorld and uses AA as its currency for dynamic awards. On average, that probably means today is the best day for redemption availability, so I guess there’s no time like the present eh?

April Fool’s day is every day but April 1 at MEAB, so here’s a boring image as your feed cleanser for the rest of the day’s onslaught.

  1. Chase made all the United cards dumber this week. The major changes:

    – Every card with an annual fee gets a bigger annual fee
    – The no-annual fee Gateway card doesn’t get XN inventory access unless you have $10,000 in annual spend
    – One time lounge access passes are no longer transferrable
    – You can now earn 1K status with nothing but spend on either of the ridiculously priced $695 personal and business Club cards
    – There are new credits on the annual fee cards, most of which are annoying, carved up throughout the year, and less valuable than they seem
    – Lounge access gets more restrictive without massive spend

    DD has a good rundown on the details of the changes if you care to read more.
  2. Southwest is releasing its winter schedule for travel between November 2 and January 5 today, which means today is statistically speaking the best time you have to game holiday travel, or just to play it straight to book holiday travel directly.

    Now’s a good time to book for other reasons too, like avoiding change fees on cheap tickets and paying bag fees, all of which will be implemented soon. Unfortunately double secret Rapid Rewards redemption values already quietly launched yesterday.
  3. On Tuesday, Bilt will have a transfer bonus of between 50% and 100% to British Airways, Aer Lingus, and Ibera Avios, depending your status level. Because Avios can be transferred freely amongst airlines, this is good for Qatar, Vueling, and FinnAir too.

    Why mention this early? So you can earn Bilt points before then.
  4. Accor ALL has new Q2 promotions for:

    2x-3x points on stays 3+ nights in many countries through June 8, valid for two stays
    4x points at new properties through September 7, valid for one stay

    You’ve got to book by April 27 and May 11 respectively, so these suck for last minute travel. (Thanks to FM)
  5. Breeze has 45% off of fares booked today for travel between April 9 and September 2 with promo code VACAY. There are a few blackout days around Easter, Independence Day, and National Peach Cobbler Day, but in general Summer travel is wide open.

    We haven’t played Breeze Dartboard Bingo™ for a while, but in honor of National Peach Cobbler today, we’ll take another round. [drumroll] Today’s draw is: Pensacola, FL to Norfolk, VA, PNS-ORF! If you hit Bingo, come see the MEAB front desk for your prize.
  6. AA’s shopping portal has a 500 mile bonus for the referrer and 1,000 mile bonus for the referred, as long as the latter makes a $75+ purchase by April 6 through the portal. The referral bonus is limited to 10 per account.

    With GiftCards.com’s current annoying portal rules, having multiple players with multiple shopping portals is one of the methods for scale (like banana).

Happy Thursday friends!

The other way of scaling.

I’m allergic to booking airfare for my own travel with third parties as a general rule, but the American Express Business Platinum’s 35% Membership Rewards rebate for points bookings (~1.54 cents per point) on your selected airline, or on any first or business class seat, is valuable enough that I use their third party platform anyway. When you book via third party it’s rather hard, or sometimes impossible, to get an airline to help you when:

  • Schedules change
  • You need to make a non-trivial itinerary change
  • You want to pre-pay for services
  • You want to take advantage of travel waivers
  • You want to play games with frequent flyer numbers

But, it’s possible with many airlines to take advantage of American Express Travel’s rebate and to funnel that booking into a different ticket booked directly with the airline. Today, we’ll focus on how to do it with Alaska:

  1. Book a non-basic economy Alaska flight with AmEx Travel
  2. Wait 48 hours
  3. Contact Alaska, and tell them you’d like to refund to flight credit
  4. Wait 2-3 days for the flight credits to come via email
  5. Apply the flight credits to your Alaska wallet
  6. Book airfare directly with Alaska using your wallet

You’ll end up with the best of both worlds, a regular, first party booking but also a 35% Membership Rewards rebate. Of course, it’s possible that airfare prices change between steps 1 and 6, so factor that risk in as necessary.

Good luck!

Next time: An entirely different type of Alaska Airlines game.

Summer travel makes up the bulk of airline profits outside of a few weeks around the holidays, and Summer demand means that award availability and sales are scarced between Memorial and Labor Day, at least usually. Enter Summer 2025 travel bookings, in which:

  1. Frontier swipes at Southwest with free seat selection, free cary-ons, and free flight changes through August 18, and you can get free checked bags with promo code FREEBAG on flights between May 28 and August 18 too. You’ve got book by March 24, unless they extend it like they suggest in their hints.

    There are two ways to read into this: (1) Frontier sees a hole in the market left by Southwest, is shrewd, and wants to take Southwest’s traditional customer base; or (2) the low cost carrier summer booking demand-o-meter is flashing red, and management has decided that some revenue is better than no revenue. I tend to think it’s the latter disguised as the former, but what do I know?
  2. Breeze Airways has a 50% off base fare sale for bookings by tomorrow night and travel between March 25 and June 18 with promo code SCENIC. This, for those keeping score at home, is the second 50% off sale in the last 10 days.

    Breeze historically was an investor garbage fire for capital, but turned things around for profitability last year. Just like Frontier though, I think Breeze’s summer demand-o-meter is blinking red too.
  3. Yesterday, Avelo Airlines had $30 off of round-trip bookings for travel between March 26 and August 28 with a few small blackout windows (the promo was SOAR30). There’s a good chance they replace it for something else today, and while the discount wasn’t big enough to talk about in a normal post while the sale was still running, but it is telling that the sale ran right over the whole Summer season.

What about the big three US airlines? Well, they’ve already told us Summer looks bleak, especially for non-premium cabin traffic.

Ok, so what’s the action item on today’s post if you’re a first class diva don’t fly any of those “lesser” airlines? Well, if you’re an active investor, evaluate your positions on airlines. I’m not an investment advisor and I’m definitely not your investment advisor, but I’d say being long airline stocks through Q3 reporting is a bold strategy, Cotton. On the other hand if you’re looking for award bookings for Summer travel, watch for more inventory to open up.

Happy Wednesday!

Another bold strategy.

  1. Yesterday’s post mentioned in fake-shakespeare obtuseness that Rapid Rewards points value shifts based on demand; based on questions and comments I got yesterday, that wasn’t clear to many. To speak in ye-new-modern-day-English: Southwest Rapid Rewards points will no longer have a fixed redemption value for each class of ticket, but rather the redemption value will vary based on demand.

    In other words, Rapid Rewards which already had dynamic pricing based on ticket value, will now have a dynamic redemption value per point too. To quote the quiet grandmaster churner RabbMD, “double secret dynamic” pricing.
  2. Harris Teeter stores have a coupon for fee-free variable load Mastercard and Visa gift cards when loaded with $150+ through Tuesday, limit one per Kroger account. (Thanks to GCA)
  3. Rakuten’s In-Store card linked program has offers for several grocery stores:

    – 1% or 1x at Giant
    – 1% or 1x at Giant Food (different than the above, duh)
    – 1% or 1x at Martins
    – 1% or 1x at Food Lion

    These are valid for 75 days after clipping the coupon. But after first use, the coupon is only valid for another hour, at which point you can reclip it as long as the promotion is still going. Why so complex? Well, remember that Rakuten is the company that bought Buy.com for $250 Million and decided that Buy.com was too hard for Americans to pronounce and remember, so just migrated it to Rakuten.com.
  4. Some discount airlines, sorted in order of recent annoyingness, are running promotions:

    Breeze 50% off: Book by today, fly between March 18 and June 18 with promo GROW
    Frontier award sale: Book by Monday, fly through August 18
    Alaska international sale*: Book by April 11, fly through July 31
    – [this space left intentionally blank]
    – [this space left intentionally blank]
    Southwest sale: Book by today, fly between April 1 and June 11

    *The Alaska sale includes Premium Economy, which is weird because Alaska doesn’t really support partner Premium Economy bookings for the partners you need to get to these destinations. #AlaskaGonnaAlaska
  5. The Wyndham shopping portal has a bonus of 2,000 points after a single purchase through April 9. (Thanks to FM)

Don’t blame Rakuten, after all, Rasputin was once named Bryce right? (Don’t check)