{"id":1876,"date":"2021-06-28T04:00:00","date_gmt":"2021-06-28T10:00:00","guid":{"rendered":"https:\/\/milesearnandburn.com\/?p=1876"},"modified":"2023-04-18T12:28:57","modified_gmt":"2023-04-18T18:28:57","slug":"monday-followup","status":"publish","type":"post","link":"https:\/\/milesearnandburn.com\/index.php\/2021\/06\/28\/monday-followup\/","title":{"rendered":"Monday Followup"},"content":{"rendered":"

What a weekend eh? There was a lot that happened on the underground MS scene that honestly made me feel like I was watching a train-wreck happening in slow motion. I don\u2019t have any direct information to share from that, but the action item for you is to remember that blogs are always going to be a good source of semi-public information and hints for bigger bonanzas, but the best information will be found in small, private groups. I\u2019d suggest looking for a few of them to up your game if you\u2019re craving more. <\/p>\n

On that happy note, let\u2019s follow up on a few items and talk about the Schwab devaluation, and maybe offer a bonanza hint along the way:<\/p>\n

1.<\/strong> A lot of you had your Brex 100,000 points offer post<\/a> on Friday or Saturday. Personally, I had the bonus post on one company\u2019s account but not the other. In case yours didn\u2019t post either, give it a few more days. If that doesn\u2019t work, forward the emails that the PayPal sales rep you spoke with to [email\u00a0protected]<\/a> from your email address on file with Brex. It may be a (small) battle, but it\u2019s one you\u2019ll almost certainly win.<\/p>\n

2.<\/strong> In case you haven\u2019t read my affiliate link free post on cashing Membership Rewards yet (spoiler alert, none of you have because it\u2019s still being written, slowly, over the course of the last several months), the Schwab Platinum card is the easiest reliable high-value Membership Rewards conversion to cash that currently exists. The redemption value is 1.25 cents per point which is great, but it\u2019s even better because it\u2019s a tax-free way to generate income, or in theory a way to increase your Roth IRA contributions beyond the normal limit without paying taxes or penalties. (I\u2019m not a financial advisor, never take my advice, maybe about anything.) <\/p>\n

We\u2019re in a good news\/bad news situation with the card now: As of September 1, the cash-out will drop from 1.25 cents per point to 1.1 cents per point; but the good news is: 1) if you have the card you\u2019ve got time to cash out, and 2) if you don\u2019t, it\u2019s another sign-up bonus<\/a> for you (60,000 Membership Rewards). When I first signed up for the card I cashed out 1 million Membership Rewards points the day it arrived in the mail, so there\u2019s no real waiting period to speak of. To be eligible to open it, you have to be a Schwab customer but all that takes is a free brokerage account and $10 so the bar is quite low, almost as low as AA closing accounts and canceling tickets on the day of travel for churners<\/a>.<\/p>\n

FYI \u2013 there are other loopholes for cash-out that will pay at a higher rate with the Business Platinum card, but they\u2019re either slightly sketch or not completely reliable.<\/p>\n

3.<\/strong> Staples has fee free $200 Mastercards between now and Saturday evening, limit 5 per person (or, probably limit 5 per transaction.) There are absolutely still ways to liquidate these Metabank Mastercards for a low cost, but they are slowly being zapped like mosquitos in front of a bug zapper (sorry, it\u2019s Monday, my metaphors are weak and you can see them coming from a mile away, like my alma mater calling me to \u201csee how it\u2019s going\u201d which really means \u201cgive us a donation\u201d.)<\/p>\n

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Nah, this image isn\u2019t the Bonanza hint.<\/figcaption><\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

What a weekend eh? There was a lot that happened on the underground MS scene that honestly made me feel like I was watching a<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":2,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[54,62],"tags":[],"class_list":["post-1876","post","type-post","status-publish","format-standard","hentry","category-credit-cards","category-shenanigans"],"_links":{"self":[{"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/posts\/1876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/comments?post=1876"}],"version-history":[{"count":5,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/posts\/1876\/revisions"}],"predecessor-version":[{"id":7262,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/posts\/1876\/revisions\/7262"}],"wp:attachment":[{"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/media?parent=1876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/categories?post=1876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/milesearnandburn.com\/index.php\/wp-json\/wp\/v2\/tags?post=1876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}