Category: Bank Bonuses

Buckle up, there’s a lot going on today:

  1. Southwest has 20% off of award tickets booked through tomorrow for travel through December 15 using promo code SAVE20NOW. There are blackout dates for when you might want to travel most, November 18th through 23rd and November 26th through 29th.

    If you have any existing award tickets for the same travel dates, this is a good opportunity to reprice and see if you can get a partial refund on points.

  2. The Chase Sapphire Reserve has an 80,000 Ultimate Rewards sign-up bonus and it seems like the miles and points hive mind can’t stop saying things like “ZOMG much point! Very reward!” about this bonus. I’d say it’s skippable because:

    – The Ink Preferred has a 100,000 Ultimate Rewards sign-up bonus, a much lower $95 annual fee, an easier approval, and is churnable
    – The Sapphire Reserve isn’t churnable, at least not more than once every 48 months
    – The Sapphire Preferred sign-up bonus is currently small, so a Modified Double Dip with the Reserve and Preferred isn’t compelling
    – The Sapphire Reserve goes against 5/24

    The major use case for this card is 1.5 cents per point using Chase Pay Yourself Back, and unless you’re cashing out more than 500,000 Ultimate Rewards per year you’re likely better off with another card. Don’t feed into the hype.

  3. Capital One has a 30% mileage transfer bonus to Virgin Red through the end of the month (Virgin Red can be linked to Virgin Atlantic’s Flying Club and the miles then work for either). Sweet spots:

    – Business class to and from Europe
    – ANA first or business class to and from Japan

    (Thanks to FM)

  4. American Express has an offer for $300 back after spending $1,500 at the Qantas US site by November 30. Don’t forget about tricking it by breaking the correlation if your travel plans don’t pan out.
  5. Chase has a tiered brokerage bonus for opening a new account and bringing new funds or securities (see The Daily Churn for details on transferring securities to get bonuses without selling stock and creating a taxable event):

    – $25,000: $125
    – $100,000: $300
    – $250,000: $625

    Normally you should stay as far away from non-credit card Chase products as you would from a rabid giraffe with monkeypox, but because this is a brokerage account and because of how US banks comply with the Volcker Rule, I don’t believe this bonus is a risky proposition in the absence of a margin account.

  6. There’s a heightened sign-up bonus of 85,000 miles for the Citi AA Executive card being advertised in some Admiral’s Club lounges, which beats the current public offer by 5,000 miles. (Thanks to Welcome Offer via MEAB Slack)

The travelsphere talking about the Chase Sapphire Reserve 80,000 Ultimate Rewards Bonus.

  1. Do this now: Link your Delta SkyMiles and Starbucks accounts for 500 SkyMiles and 150 stars after making a purchase with Starbucks before December 31, and then ignore all the fluff pieces you’ll see about the partnership in the next week; other than linking there’s nothing here worth your mental bandwidth.
  2. The American Express Business Gold 130,000 Membership Rewards sign-up bonus after $10,000 in spend in three months is now available via referral. As usual with American Express, to find the best offers:

    – Try multiple browsers
    – Connect to a VPN
    – Check mobile and desktop
    – Check with incognito
    – Check logged out and logged in

    And if it wasn’t a referral offer, you should also try arriving at the bonus landing page by searching for “American Express Business Gold” on several different search engines and clicking the first link.

    The current best referral offer I know of gives 30,000 Membership Rewards and an additional 4x on travel and transit for three months on up to $20,000 in spend for the referrer, which potentially makes this offer a total of 110,000 additional Membership Rewards for the referrer on top of 130,000 Membership Rewards for the referred (!).

  3. US Bank has a $500 bonus for a new personal checking account using promo code 2022OCT, provided you haven’t had a personal checking account at US Bank in the last two years or received a US Bank banking bonus in the same timeframe. The requirements:

    – Fund the account with $25
    – Direct deposit at least $6,000 twice (see The Daily Churn for ideas on fake direct deposits)
    – Enroll in online banking

    If you’re not in US Bank’s footprint, open a brokerage account with them and you’ll then be eligible for a checking account and bonus. (Thanks to DoC)

  4. Check your Chase offers for 10% back on Southwest purchases, up to a total of $50 back. This is reportedly available even on Chase co-branded Southwest cards.

Where the Starbucks Delta news belongs after you’ve linked your accounts.

  1. Meijer has $10 off of $150 or more in Mastercard gift cards with a clipped digital coupon through Saturday. This one is limit one per account, but you do have multiple MPerks accounts if you live in the footprint, right?

    If you have a cheap way to liquidate these cards and a good earning rate on credit card spend at grocery, this could easily be worth a trip to Meijer land. (Thanks to GC Galore)

  2. SoFi and Swagbucks offers combine for a $475 sign up bonus with a $5,000 direct deposit in 25 days when signing up for a SoFi “Better Bank Account”. You should be able to knock this one out in under a week making it a nice bonus.

    For ideas on manufacturing a direct deposit, check out Episode 28 of The Daily Churn, or use a business bank account that lets you enter a memo on outgoing ACHs and set the memo to “Payroll”.

  3. TastyWorks was probably the easiest bank or brokerage bonus that I did in 2021 because the bonus posted two days after transferring in funds and was completely painless. For 2022, they have a new bonus with the referral code TIERED_2022:

    – $100 bonus with $5,000 in new funds
    – $500 bonus with $25,000 in new funds
    – $2,000 bonus with $100,000 in new funds

    Unfortunately for me, this offer is only valid if you’ve never funded a TastyWorks account in the past.

Good news for those with the Super 8 in Beloit, WI on their aspirational travel list: It’s only 15 minutes from a Meijer so you can knock out two birds with one stone.

On Saturday there was a great opportunity at a major grocery store chain that gave 20% off of convertible gift cards, and as far as I know it was never made public so unfortunately there’s no place out in the open for reading more at this moment. But, we can learn a lesson for finding future unicorns: When a sale is advertised for a particular type of gift card, sometimes other gift cards in the same family will also be on sale. Trying with a small dollar amount could be extremely rewarding.

  1. Meijer $10 off $150 or more in Visa gift cards. Larger denomination gift cards aren’t excluded so I’d go for $500s. Meijer carries both Metabank and Sunrise gift cards, so you’ve got options on the liquidation front from home and in-store.
  2. The giftcards.com promo for 5% off of the total cost of Visa eGift cards for up to $1,500 in spend per transaction has one week remaining, expiring on September 11. Use promo code ENDOFSUMMER since the portals list that code in particular.

    I’m bringing this one up again because it’s a new month and that means a fresh $2,000 in monthly spend for major shopping portals, including 3x at AA. The Capital One shopping portal still lacks the $2,000 monthly restriction found on other portals, so go for that one after you hit the first $2,000 in spend.

  3. US Bank has increased its business checking account bonus from $300 to $400 without changing other requirements. To get the bonus:

    – Deposit $1,500 within 30 days
    – Enroll in online banking
    – Make 10 qualifying transactions on the account (which practically speaking means 10 ACHs or 10 $0.50 Amazon gift balance reloads from your debit card)

    If you don’t live in US Bank’s territory, open a brokerage account first in order to be eligible to open a checking account.

A hot gift card sale can have unintended consequences.

  1. US Airlines and the DOT have agreed to additional passenger rights for delays within an airline’s control (in lieu of additional regulation). Under the agreement, your rights are now:

    – A meal voucher for delays of three hours or longer
    – A hotel, or some other renumeration if a hotel is unavailable for an overnight delay

    Delays due to weather and air traffic control won’t qualify, but delays due to mechanical issues, crew availability, and gate congestion will. Because there’s no official law, the specifics vary slightly by airline. You can find the new airline policies here: Southwest, JetBlue, United, Delta, AA. Almost certainly you’re going to need to know to ask for what these rights grant you so keep the policies somewhere readily available.

  2. American Express has increased its Business Checking bonus to 30,000 Membership Rewards, after $5,000 in deposits within 30 days, maintaining that balance for 60 days, and making 10 ACH, mobile deposit, bill payments, or wires within 60 days.

    If you don’t have many shenanigans on your AmEx accounts and don’t expect to for the next couple of months, I’d do this sign up bonus and close the account immediately when it posts. If you do, I’d skip it.

  3. H-E-B grocery has a couple of travel gift cards at a nice discount through Tuesday, limit 1 per account:

    – Southwest $100 gift card for $85
    – Airbnb $100 gift card and a free bonus $15 H-E-B gift card for $100

    If I were in H-E-B territory I’d be scaling both of these quite a bit, but I’m not so instead I’m begrudgingly earning 1 SkyMile per dollar on my Airbnb bookings using deltaairbnb.com like a sucker.

Now you have something else to look forward to during your airport delay: A Michelin negative three star rated sandwich paid for by the airline.

  1. The Synchrony Rakuten card (a nearly defunct MEAB Unsung Hero) is being converted to a 2% cashback everywhere Mastercard. This is interesting for at least two reasons:

    – You can cycle Synchrony cards to an extent without being shutdown (unlike the Citi Double Cash for example)
    – Synchrony is offering a $100 statement credit after $1,000 in spend within three months

  2. Do this now: Register for Hyatt’s Q4 promotion for double points on all two night or longer stays between September 15 and December 20, and double elite qualifying nights at several Caribbean all-inclusive resorts. (Thanks to iheartpoints)
  3. HSBC has a $500 new checking account bonus. To get the bonus, you’ll need an aggregate of $10,000 in direct deposits for three months in a row, but with HSBC almost anything counts as a direct deposit so an ACH of $1,000 in and out 10 times is probably enough to trigger it. HSBC will charge fees without a big balance after 6 months, but you can have your bonus and convert or close the checking account long before that takes effect. (For getting “legitimate” looking direct deposits without actually using an employer direct deposit, check out Episode 28 of the Daily Churn Podcast)

    Miles was the first to note that this bonus now has a once per-lifetime language, but my somewhat educated guess is that HSBC doesn’t enforce that.

  4. The Citi Shop Your Way Rewards Mastercard (another MEAB Unsung Hero) has been sending out another round of targeted spend offers through September 14, including:

    – $70 statement credit after $1,000 in spend
    – $70 statement credit after $2,000 in spend
    – 10,000 ThankYou points after $1,2000 in spend

    There seem to be other variations of these too, and on this round some registrations are coming via USPS mail rather than email, so keep an eye on both your mailbox and your inbox.

Happy Wednesday!

Not to be outdone by HSBC, Vantage West brings a compelling checking account offer to the table, literally.

  1. Oxygen is offering $100 and an iPad to new business accounts for companies shutdown by Brex, but reports are that you should open a support case and forward your shutdown email immediately after approval to ensure you get the bonus. The requirements:

    – Deposit $10,000 within 30 days
    – Make 5 debit card transactions within 60 days
    – Have no prior Oxygen business account
    – Open a support case (MEAB’s requirement)

    You’ll likely have to apply by mobile app too, but do your best to follow the promo link to get to the mobile app. Also, watch out for some terrible grammar when applying before it hits you in the face. (Thanks to SideShowBob233, and thanks to Nuhertz for noting a typo in the bonus)

  2. Two new links for American Express Business Gold cards have surfaced, and in classic AmEx style the bonuses show differently based on: your browser, whether or not you’re incognito, the IP address you’re coming from, the quantity of protein in your lunch, and your operating system. So, vary those up if you’re not seeing the expected bonus:

    – 130,000 Membership Rewards after $20,000 spend in three months
    – 110,000 Membership Rewards after $10,000 spend in three months

    Note that both have lifetime language, but that doesn’t matter. Unlike the recent 250,000 Membership Rewards Business Platinum link that’s been floating around, these aren’t post-targeted links and thus should be completely safe. (Thanks to DoC)

  3. JetBlue has $25 off of one-way non-stop trips and $50 off of round-trips booked by this evening with promo code FALLSALE, but Mint and transatlantic fares are excluded.
  4. There are a few August transfer bonuses:

    – CapitalOne 20% transfer bonus to FlyingBlue
    – CapitalOne 20% transfer bonus to British Airways Avios
    – American Express 20% transfer bonus to Cathay Pacific Asia Miles

I’m not the grammar police, but this sign (also designed by Oxygen) doesn’t mean what they think it means.

Before we jump in today: If you’re traveling through Amsterdam or London in the next three weeks or so, I’d suggest you call your airline and get rebooked on another route. With that out of the way, there are a few things to keep on your radar for the weekend:

  1. If you want to play with fire, Chase is offering a $600 sign-up bonus for opening a checking and savings account, depositing $15,000 for 90 days, and setting up direct deposit that’s bigger than an unspecified “micro-deposit” size (I’d set up at least $500 per month to be safe). The offer runs through October 19.

    To qualify, you can’t have had an existing checking and savings account for the last 90 days. I wouldn’t do this with P1, but maybe for P3, or for P2 if you keep their manufactured spend profile low.

  2. Southwest opened its schedule through March 8, 2023 yesterday, and currently we haven’t seen any schedule change sweeps past October 20 so you can still game the holiday season and potentially early spring break travel. (Thanks to Brian M via MEAB slack)
  3. Do this now: Register for double Hyatt points at MGM properties through October 15. (Thanks to FM)
  4. The Paceline credit card seems to be good for up to around $10,000 in cash back before a shutdown. I guessed initially that I’d be shutdown almost instantly if I got the card, but I think I was wrong and I’ll be grabbing it soon.
  5. Giant Eagle stores have 3x or 5x perks points for multiples of $50 of One4All gift cards through August 3, which makes this effectively a 6-10% or so rebate on gas depending on your car’s tank size. The best way to liquidate these until tomorrow is buying fee-free Mastercard gift cards at Staples. (Thanks to GC Galore)

A Heathrow spy’s photo studying Amsterdam’s solution to baggage handling labor shortages.