Category: Scaling

  1. Safeway, Albertsons, Vons, and other Just4U stores have 12x points on $50+ in BestBuy gift cards through Tuesday. Register limits are $500 every 15 minutes.
  2. American Express’s on-again/off-again Summer transfer bonuses are on again, presumably this time for realzies:

    – 30% to Virgin Atlantic through July 31, making the ratio 1,000:1,300
    – 20% to Hilton Honors through July 14, making the ratio 1,000:2,400

    There are use cases for both, but especially the former. If you’re going to be speculative, might I suggest that the Hilton one, uhh, ain’t it chief.
  3. Capital One has a 30% transfer bonus to EVA through July 31, making the transfer ratio 1,000:975. Premium Citi ThankYou cards still transfer at 1,000:1,000 though.
  4. The Chase Sapphire Reserve personal card’s Pay Yourself Back categories changed to gas and transit, and the rate dropped from 1.25 cents per point to 1.20 cents per point for categories other than the annual fee and select charities. The Business version hasn’t changed, but still only offers boosted redemptions on charities.

    The Sapphire Preferred’s Pay Yourself Back categories changed and dropped too, with transit at 1.05 cents per point, and pet supply at 1.10 cents per point.
  5. The Rove travel and shopping portal added Frontier as a transfer partner, which whatever except that it’s a unique partner for a non-hotel program. They’ve got a 25% transfer bonus to Frontier through July 31 making the ratio 1,000:1,250.
  6. American Express Offers has various offers for $200-$250 off of $1,000-$1,250 at Waldorf Astoria, Conrad, and LXR properties in North America.
  7. AirFrance / KLM’s FlyingBlue program released its July 2026 promo rewards for travel through the end of the year. North America to Europe cities:

    – Economy: ATL, DEN, MIA, PDX, RDU, YUL, YVR, YOW for 18,500 miles
    – Premium Economy: LAX, ORD for 30,000 miles
    – Business: JFK for 45,000 miles

    There’s surprisingly good availability in business this summer, so go get some European frites.
  8. Marriott Bonvoy Titanium and Ambassador elites or United Gold, Platinum, or 1K elites can register for a complex promotion for reciprocal bonus points on either paid United itineraries or paid Marriott hotel stays.

    Neither promotion is great, but they’re both better than Texas frites.

Happy Thursday friends!

With Rove and Frontier, you can check my math on Lubbock frites.

  1. United has a 25% incoming transfer bonus for hotel points, registration required. The most valuable program for this promotion is Marriott Bonvoy (the first time in recorded history that someone wrote this seriously) which will transfer at a ratio of 1,200:700 when points are moved in 20,000 mile increments.
  2. Qatar Avios has a 30% incoming transfer bonus for Citi ThankYou Points through June 30, which makes the Citi → Qatar transfer ratio 1,000:1,300

    Qatar usually posts bonus Avios within a couple of minutes of transfer, though the terms and conditions say it could take 6-8 weeks. There’s a joke in there.
  3. The Citi ThankYou Mastercard, which is unfortunately no longer available for new applicants, sent new beginning of month offers:

    – Make eight purchases of $75+ for a $80 statement credit, once a month through August (total $240)
    – Make five purchases of $75+ for a $65 statement credit, once a month through August (total $195)
    – Earn 1,000 extra ThankYou Points for $500+ purchases, up to two times through June 30

    (Thanks to Shmuel, birt, and Tommy)
  4. American Express Membership Rewards has a 20% transfer bonus to Marriott Bonvoy through June 30, making the transfer ratio 1,000:1,200.

    For those keeping score at home, this is an absolutely terrible value, but there is utility in (1) top-offs and (2) resetting mileage expiration, especially for those without a stash of Ultimate Rewards which still has 55% transfer bonus.
  5. The Incomm gift card sites have fee-free $50+ gift card promo codes:

    – MasterCardGiftCard.com: Mastercards with code DAD26
    – VanillaGift.com: Visas with code VGDAD26
    – TheGiftCardShop.com: Visas, Mastercards, AmExs with code DADSDAY26

    I feel like they’re trying to tell us that something is imminent with their promo code names, but what do I know? Limits on these sites are $10,000 per rolling 24 hours and they won’t earn points or count for a sign-up bonus with American Express cards.
  6. The US Banking, Housing, and Urban Affairs Senate Committee (USBHUASC I guess?) is exploring the Bilt 2.0 launch uhhh process, and they’re requesting a response by June 9.

    There’s a joke in here too, but I’m definitely not going to be the one to make it. (Thanks to David)

Happy Tuesday friends.

This sentence was said twice (!) before the Bonvoy value sentence was uttered a single time.

EDITOR’S NOTE: I call dibs on first to say “cool story bro” for this article.

One of the myriad techniques of generating spend on credit cards is buying something, shipping it to a buyer’s group, then getting paid back by the group.

There was a time when I went really big with this game. The evolution was approximately:

  1. Buy a few things, sell quickly for portal and credit card profit
  2. Buy more things, sell quickly for portal and credit card profit
  3. Learn that holding things may let them sell for more, earning more profit
  4. Fill up my living room and garage with things to sell
  5. Rent a storage unit for things that are waiting to sell
  6. Get really sick of all the manual labor involved, and cut back on buying
  7. Pivot to a private label business and hire people to do the labor
  8. Sell the business
  9. Do exactly zero buying group or selling activity

I’m happy that I arrived at (9), but after a while I started back on the path of (1) and (2). This time I’m really selective about what I buy though, and I’m actively avoiding (3)+, because:

Recently, one type of high value thing that I buy and sell quickly ships from the same address every time via UPS. Evidently, someone at UPS figured out the same thing, and whomever that is periodically opens boxes, takes the contents, reseals them, and passes them on for delivery.

The first time I had a tampered box arrive, I didn’t notice until a few minutes later, after the UPS driver was long gone and I’d already signed for the package. The lesson from that experience, which in hindsight should have been obvious:

  • Lesson: Always do a quick inspection of boxes on your porch before signing for a delivery

I learned the lesson quickly. The next time I had a tampered box show up, I spotted it, refused delivery, and showed the driver what I saw. Unfortunately, there were five more times that a tampered box showed up after, but fortunately because I had shown the driver what to look for, he inspected the boxes preemptively and discovered the next tampered package before he even got to my door. When he arrived, he asked if I wanted to refuse delivery, which, duh.

  • Lesson: If you show people how things can malfunction, they might help you spot problems early

I stock $10 Starbucks gift cards for cashiers, delivery people, and others who help me play my game. After the last tampering incident, I gave the UPS driver a gift card as a thanks. That $10 Starbucks card marked a changeover point, after which he smiles and chit-chats with me anytime there’s a delivery.

  • Lesson: Take care of people who help you play your game; when someone is happy to see you, they’re more likely to help you when something goes wrong

Happy Friday!

/csb

MEAB’s ramble as a Nintendo game.

EDITOR’S NOTE: Please indulge me for a Monday delirium post after an amazing weekend of networking.

In churning, or in real life, consider the sum of everything you know and ask yourself two questions:

  • What percentage of everything did I learn from someone else, and what percentage did I discover?
  • How much did I earn from each of the above?

Of course “always be probing”, but maybe also “always be networking” too. We often stand on each other’s shoulders.

Happy Monday!

Pictured: A churner Falls from a PPBP pyramid. (Too soon?)

  1. The Citi Shop Your Way Rewards card sent new offers last week:

    – $100 statement credit with $1,000+ in online spend
    – $75 statement credit with $750+ in online spend
    – 10% back on home improvement spend up to $100 back monthly for May, June, and July

    (Thanks to Peter and Jason C)
  2. The merger between Capital One and Discover became official yesterday. This is interesting for churners for a few reasons:

    – If you’re shut down at Capital One, getting a Discover card may be a backdoor in
    – Discover cards may turn into more lucrative Capital One cards
    – Credit lines at Discover may become transferrable to other Capital One cards
    – Games that Capital One hates may soon be games that Discover hates

    For those with Discover Miles cards, maybe you’ll get lucky and Discover miles will become transferrable to Capital One mileage transfer partners, so hedge your hoard.
  3. Monday Mad-Libs Mash-Up: American Express Membership Rewards transfers to Hawaiian miles is scheduled to end on June 30. Obviously __________________ [opinion] Alaska MileagePlan _________________ [reaction] happy, but also _________________ [reaction] sad. At least my favorite ___________ [item] is ________________ [adjective] so I can cope.

    The best response gets a free vintage airline postcard of your choice at the thrift store of your choice, paid for by any card of your choice in your current possession.
  4. Staples has fee free $200 Mastercards through Saturday, limit nine per transaction.

    These are Pathward gift cards.
  5. Hyatt has a new promotion that isn’t tied to its apparently needy Under Canvas brand: Link your Peloton and Hyatt accounts for 500 bonus Hyatt points per Peloton ride through June 15 at a Hyatt hotel of at least 20 minutes. (Thanks to DDG)
  6. Bank of America is changing the sign-up bonus for two cards starting on June 1. Both will have a $200 welcome bonus after $1,000 in spend, and they’ll also offer a boosted earn for the first year:

    – Customized Cash: Double cash back in the first year with $2,500 quarterly cap on bonus category earn
    – Unlimited Cash Rewards: Unlimited 2% base earning instead of 1.5% base earning

    It may look like a sleeper, but with the right precious eyes, that second one is an outstanding offer. Also, why mention weeks before June 1? So you can lower credit lines and flush your existing Bank of America portfolio to prepare.

Have a nice Monday friends!

Monday vibes.

Major US Airlines are all targeting Southwest elites with extremely generous “twist-the-knife while they’re dying” style status matches, and that means you’ve got a unique opportunity for manufacturing a ton of airline status with a single swing. Let’s start with earning A-List Preferred using a Chase Southwest credit card:

  • $5,000 spent = 1,500 tier points
  • 35,000 tier points = A-List
  • 70,000 tier points = A-List Preferred

In post-mathematics words, $230,000 in real or manufactured spend takes you from zero to A-List Preferred, or if you’re an underachiever $115,000 spend takes you from zero to A-List. Now, once you’ve got that status, combine with:

So, for $230,000 in manufactured spend you can hold status with all of the top five US airlines and also status in every major airline alliance in the world, MEAB style.

Happy hunting!

Next time: taking it to the next level.

  1. Do this now: Register for Hyatt’s Q2 promotion for 777 bonus points per night on up to 20 nights between April 10 and June 9 at casino properties.

    We may not have The Dirty Castle™ any more for phantom spotting, but at least we have The Sad Samba™.
  2. Do this now: Register for National Emerald’s Q2 promotion for a free day with every two midsize or larger rentals of two days or longer between April 1 and June 22.
  3. Staples has fee-free $200 Visa gift cards starting Sunday and running through the following Saturday, limit nine per transaction.

    These are Pathward gift cards.
  4. This is your last weekend to figure out what to do with your Q1 American Express Business Platinum and Surpass Hilton credits. There are often local angles, but if you can’t find them or don’t want to deal with them, brunch at a corporate Hilton or Hilton Resort will almost always work in a pinch.

And let’s end today with a timely bit of weekend wisdom: In churning and manufactured spend the main goal is usually to take advantage of the spread between profit and loss, generally with very little risk, and turn that into a machine. Well, occasionally there’s a time where you know the spread is going to change for the worse at some point in the near future. When that happens, consider swinging for the fences taking to the extent that your risk tolerance allows.

Have a nice weekend friends!

Hilton Garden Inn breakfasts can be paid with AmEx credits (delicious breakfast not pictured).

One of the hardest transitions between casual churning and becoming a heavy hitter is the switch from earning miles and points to earning cash back.

The transition should happen when you’ve earned all the miles and points you can spend cover your travel for the next 12-18 months, because:

  • Miles and points devalue by 30-50% in the span of years
  • The programs with the best redemptions change over time
  • Points don’t earn interest
  • The value of an unredeemed point is zero
  • Most of us don’t travel as much as we think we will (even if we travel a lot)

When you earn more points and miles than you can burn in a short time, the risk that excess points eventually become worth much less than when you earned them grows bigger than James’ Giant Peach from the famous historical documentary that I think is called “A kid finds a big fruit and someone wrote about it”.

Why do we fail to transition to cash back, even when we know analytically that it’s not the best option? The common answers I hear and that I’ve thought are:

  • Points and miles are fun, pennies aren’t
  • I’m motivated by travel, my job covers my cash needs
  • What if me and six of my closest friends need to fly Lufthansa F on last minute notice to Frankfurt and I don’t already have the miles banked, and my 800,000 Membership Rewards won’t post for another week?

They’re all valid reasons, but seeing them written can help prevent you from falling into the same trap. Trust me, you don’t want to be down 100,000 Hawaiian miles that expired a few years ago because you didn’t ever have an actual use for them and weren’t active in the program; $1,000 would have been a lot better. #askmehowiknow

Happy Wednesday!

Nerds gonna nerd.