American Express Ends Credit Card Churning with “Once per Lifetime” Rule

american express

Via Miles to Memories, and many other blogs reporting this currently, American Express has now added the “once per lifetime” rule to the terms and conditions of its business card applications. Because this rule was already in place for personal cards, this effectively ends all credit card churning with American Express.

Going forward, I advise against applying for any American Express credit cards unless there is an increased bonus promotion or you receive a targeted offer. Here are a few tips to keep in mind:

  1. Targeted offers (usually received via postal mail) often do not contain the “once per lifetime” language, and can potentially be churned. Check the terms and conditions carefully if you receive one in the mail.
  2. Many American Express increased bonus offers are semi-targeted. The links, which I have on my Credit Cards page, will not always show you the best offer when you click on them. Sometimes you need to open them in an incognito window to see the better offer, and sometimes you won’t be able to see the better offer at all, no matter what you try.

Also, for the time being, I’ve removed the direct links to the Platinum and Business Platinum cards on my Credit Cards page. I will continue to do this for any American Express offerings that I consider to be subpar.

[Miles Briefs] $100 Southwest Airlines E-Gift Card for $90 (Paypal Digital Gifts via ebay)

southwest gc

PayPal Digital Gifts via ebay is selling $100 Southwest Airlines e-gift cards for $90. Limit is 5 per person.

Because the seller is PPDG, you can use the Chase Ink Plus card to receive 5x UR per dollar spent.

The iConsumer portal currently has the highest payout rate for ebay at 3%; however, you do need to earn $25 minimum to cash out. If the $25 requirement is an issue, TopCashback is your next best bet at 2.1%.

[Miles Briefs] Los Angeles to Stockholm, Sweden for $97 (One-Way) or $219 (Roundtrip) on Select Dates in March

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Via The Flight Deal, Scandinavian Airlines (SAS) is offering flights from Los Angeles to Stockholm, Sweden for $97 one-way or $219 roundtrip on select dates in March.

Outbound Dates: March 14, 15, 17, 18, 19, 20, 21, 22, 23, 24 25
Return Dates: March 27, 28, 29, 30, 31

If you don’t live near LAX, you may be able to find cheap positioning flights with other airlines. For example, Southwest flies from SFO-LAX on some of these dates for $59 each way. Search for flights using any online travel agency (Expedia, Hipmunk, Orbitz, Priceline, etc.).

[Miles Briefs] 2,600 American AAdvantage Miles for $2

Looks like Reddit was the first to post this, but you can currently earn 1,300 American AAdvantage miles for subscribing to the Wall Street Journal and/or Barron’s. Both are currently offering a promotion of $1 for the first 12 weeks of your subscription. The caveats are that you cannot have been a subscriber within the past 180 days, and, of course, you need to cancel your subscription within 12 weeks if you don’t want to continue paying for it.

wsj

For the WSJ, you can earn 1,300 American AAdvantage miles, 1,200 United MileagePlus miles (if you are a cardholder, 800 miles otherwise), or 1,100 Southwest Rapid Rewards points. 1,600 Plenti points (worth $16) is also an option. See Cashback Monitor for more details.

For Barron’s, we have the same offers for American and United. Again, see Cashback Monitor for more details.

Personally, I thought the AAdvantage miles were the best option, so that’s the one I’m going with. I’m also interested in finance, so the cheap subscriptions will be nice for a few months.

Also, I added a new logo to the website today. Hooray!

New Increased Offers for United MileagePlus Explorer and IHG Rewards Club Select Credit Cards

united 50k offer

I’ve been on vacation for the past week, so apologies for the lack of posting. While I was gone, two new offers came up for the Chase United MileagePlus Explorer and IHG Rewards Club Select credit cards that are worth sharing here. I learned of both via Doctor of Credit, so I will just link to his posts.

United MileagePlus Explorer: 50,000 miles + 5,000 miles when you add an authorized user who makes a purchase + $50 statement credit. This offer is targeted, but the best way to find it is to login to your United account and to try to make a dummy booking. You can also try the link at Credit Cards, which has been updated.

Chase IHG Rewards Club Select: 80,000 points when you call in to apply at (877) 274-0851. You may also try a dummy booking or this link, which even throws in a $50 statement credit, while logged into your account. The link has been around for a while, but previously I was unable to see the offer after clicking Apply Now. The reason for this may be because I am already a cardholder, however.