Category: Shenanigans

1. The Point debit card has a new offer for 10x at Amazon, up to $500 in spend. Last time they ran this deal my +9x posted three days after the purchase, then another +2x posted to my account the day after that, probably because they always give 3x at Amazon and their system wasn’t coded to not do that with the 10x offer. Hopefully it happens again. Thanks to SideshowBob233 for the heads up.

If you don’t have Point already, find a referral for $250 or $100 because the non-referral sign-up bonus is a measly $10. I’d rather you get a referral from a friend because I’m not here to monetize you, but you can reach out to me if you can’t find someone that has it because I am here to help you. (My link is the $250 variety).

2. Prime Day, which really should be called “operation kersplode the entire internet with posts about trinkets for 2% off at Amazon Day”, has made a bunch of other retailers go into full-blown sale mode, which has pushed up BestBuy gift card demand like it was Q4. Yesterday I saw rates get as high as 96% with essentially an unlimited capacity, and I expect that today will be the same. If your gift card buyer isn’t within 1% of that number or so, I’d say it’s time to find a new gift card buyer.

I’ve had a few of you ask me how a 96% resale rate is worth your time, and the answer is: 1) grocery store rewards, 2), grocery store reward shenanigans, and 3) grocery store credit card bonuses. When you put the first two items together, that 96% can turn into 100-103%, and the third item should be at least 4x Membership Rewards or 5x Ultimate Rewards, but of course there are better spend bonuses beyond that like 10x with the American Express Platinum card. Also, another answer is sometimes the rate is 97-99%.

A tee shirt on a purple background that says: PRIME DAY SHIRT NOW ONLY $29.79!! was: $29.99
Amazon Prime day official company swag.

Did you know that American Express cards with lifetime language aren’t always really lifetime language cards, and vice-versa? As of the last several months, true. Let’s enter the crazy world of American Express together: it’s not the card terms and conditions that seem to dictate whether or not you get a bonus in 2021, but rather if you get a popup window telling you that you won’t get the bonus during the application process then you won’t, and if you don’t get the popup you will. Of course, you won’t have a great case for getting the sign-up bonus if it doesn’t post and you were relying on this trick, so caveat emptor, which I’m pretty sure is Latin for “American Express can be played, but sometimes the player becomes the played”.

Given the above, and given some crazy offers around right now, if you have any capacity for another American Express charge card (supposedly the limit is ten, but I have eleven) then perhaps consider both of these:

  • Business Platinum card: 150,000 Membership Rewards sign-up bonus + 10,000 Membership Rewards bonus for adding an employee card. There is a $15,000 minimum spend in three months requirement for the bonus.
  • Business Gold card: 90,000 Membership Rewards sign-up bonus + 10,000 Membership Rewards bonus for adding an employee card. This one has a $10,000 minimum spend in three months for the bonus. (Thanks to dannydealguru on Reddit for this link)

The Business Platinum card in particular pairs well with a new American Express offer for 10% back on purchases at Dell, up to $150 total cash back for up to $1,500 in spend before December 15. With that offer, you can combine a periodic Xbox Gift Card promo code with your $100 twice-annual credit, and for any amount you go over earn 10% back. If you don’t have a Business Platinum though, check for the offer on your other American Express cards, it’s just not as exciting.

One final hint, employee cards are different than authorized user cards with American Express, they’re much easier to get and the bar is much lower.

Pictured: How high you have to jump to cross the employee card bar with American Express.

Delta SkyMiles are famously sucky in terms of overall value; for example, it’ll cost you 120,000 miles in business class each way between the US and Japan using SkyMiles (vs. say, 60,000 miles on Alaska). I don’t talk about SkyMiles much for that very reason, nor do I think you should hoard them. However, for domestic and short haul international travel they’re worth a floor of 1.127 cents per mile, and sometimes more when there are award sales. Delta lets you buy essentially any domestic or short haul international ticket with miles, so you’re not really fighting award availability in those cases either.

Take the above, and consider that currently it’s possible to get a Delta Reserve American Express card with a 125,000 mile bonus using this link (I stripped away any affiliate information so it’s completely clean, no one is going to get a commission with it.) Note: The link is subject to the American Express random number generator, so you may have to go incognito, try a different browser, and/or connect to a VPN. In my experiments, I was able to see it in Safari Private mode on the first try, and it didn’t come up in Brave’s Incognito mode in the first try. You can also try searching Google, Baidu, Bing, and Yahoo for “delta credit card” and clicking on a few of the resulting links.

Where am I going with all of this? The Delta Reserve card has a $550 annual fee, and you’ll earn 125,000 miles as a sign-up bonus after meeting minimum spend. That means you’re spending $550 for 125,000 miles * 1.16 cents per mile, or a total of $1,408 in Delta tickets for $550 out of pocket, which works out to a 61% discount on travel on Delta. As JustinV loves to say, America loves math.

Keep in mind that American Express has a 5-ish credit card limit (and a 10-ish charge card limit). Hint: The “ish” comes into play due to shenanigans.

Talking about skirting card limits.