Chase Sapphire Reserve Bonus Being Reduced to 50,000 UR Points Online (January 12th) and In-Branch (March 12th)

Title basically says it all.

Chase will be reducing the signup bonus for the Sapphire Reserve Card from 100,000 to 50,000 Ultimate Rewards points.

The change is scheduled to take place on January 12th for the online application and March 12th for in-branch applications. Note that the 12th is the date that the offer will change, so the last day to apply for the 100,000 UR point bonus is January/March 11th for online and in-branch applications, respectively.

[Miles Briefs] $50 Overstock.com E-Gift Card for $40 (Paypal Digital Gifts via Ebay)

overstock

Direct Link

Limit is 5. Seller is PayPal Digital Gifts. Use Chase Ink for 5x UR points. Search for “overstock 40 50” to find the item if going through a shopping portal, though most portals don’t pay out on gift cards through Ebay these days.

Both Giftcard Zen and ABC Gift Cards are paying 80% for Overstock.com gift cards, and both allow electronic submission.

This is a good way to either earn 5x UR or to meet a credit card spending requirement.

There are a few other new gift card deals which you can view here, but this is the only one with any reselling potential.

[Miles Briefs] $50 Overstock.com E-Gift Card for $40 (Paypal Digital Gifts via Ebay)

overstock

Direct Link

Limit is 5. Seller is PayPal Digital Gifts. Use Chase Ink for 5x UR points. Search for “overstock 40 50” to find the item if going through a shopping portal.

Both Giftcard Zen and ABC Gift Cards are paying 80% for Overstock.com gift cards, and both allow electronic submission as well.

This is a good way to either earn 5x UR or to meet a credit card spending requirement.

There are a few other new gift card deals which you can view here, but this is the only one with any reselling potential.

[Miles Briefs] 20% Off Kohls / Toys R Us Gift Cards (Samsung Pay)

samsung pay

Samsung Pay is having another 20% off gift card promotion. To purchase, open the app, click Gift CardsAdd, and Buy Gift Cards. I can’t seem to find the terms and conditions, so I’m not sure when this promotion ends. Also, there is a limit of 4 gift cards purchased per day. Most of these are $50 denominations, so that comes out to $200 in face value purchased per day.

The following brands are on sale: AMC Theatres, Buca di Beppo, Crazy 8, Famous Footwear, Gymboree, Hallmark, Hotels.com, Kohl’s, Lucille’s Smokehouse Bar-B-Q, Petco, Regal Entertainment, rue21, TGI Fridays, Toys R Us, Under Armour.

Kohls and Toys R Us are the best targets for reselling. Giftcard Zen is currently paying 82.5% for Kohl’s, and ABC Gift Cards is paying 80% for Toys R Us. Both allow electronic submission as well.

This is a good way to rack up some spend for a signup bonus, to earn Samsung Rewards (sign up — they just launched), and to make a small profit if you’re buying Kohl’s.

American Airlines 20% Bonus Miles when Transferring from Marriott

american-marriott

Direct Link

Looks like American Airlines is getting in on this game too. This post goes along with my previous ones about using Marriott Hotel + Air packages as a means to acquire miles with Southwest and/or United Airlines. With American Airlines, you would redeem 270,000 Marriott Rewards points or 90,000 SPG Starpoints to receive 7 nights in a Category 1-5 Marriott hotel and 144,000 American AAdvantage miles (120,000 miles + 24,000 bonus miles).

Personally, I still favor Southwest Airlines because you’d be earning a Companion Pass. Anyway, if you’d like to take advantage of this promotion with American, you must complete your transfer by November 14, 2016.

Plastiq Promotion: 0.25% Discount When Paying Rent / Mortgage with MasterCard or American Express

plastiq

Direct Link

Schedule six or more recurring rent/mortgage payments, as far in the future as you like, and pay with a MasterCard for a 1.75% fee or an American Express for a 2.25% fee. Both of these fees reflect a 0.25% discount off of the regular rate. Offer ends (i.e. you must finish setting up your recurring payments by this date) October 31, 2016 at 11:59 PM PST.

Tip: You will get errors if you try to schedule payments that go beyond your credit card expiration date. Double-check this if you get a message telling you to call in.

This is potentially useful for meeting minimum spend on a MasterCard or American Express and a moneymaker if you have the Citi AT&T Access More card, which earns 3x TYP on Plastiq transactions.

Here’s a referral link for Plastiq (we both get a few bucks out of it, nothing serious).

Upgrades to American Express Platinum & Business Platinum Cards (5x Points on Airfare + 50% Back in Points)

amex-platinum

One more catch-up post from my vacation.

American Express has announced two new enhancements to their Platinum card lineup, one for their personal card and the other for their business card.

Link to Press Release

American Express Platinum Card (Personal)

Effective October 6, the Platinum Card will now earn 5x Membership Rewards points on flights booked directly with airlines or through American Express Travel.

This is a pretty straightforward benefit, though one key takeaway is that purchases through United’s MileagePlus X app will likely qualify for 5x points. I’ll try out a test purchase and report back later.

American Express Business Platinum Card

Also effective October 6, Business Platinum cardholders will now earn 50% points back when using Membership Rewards Pay with Points through American Express Travel to book a flight with their selected airline. They will also receive the benefit when booking a first or business class ticket with any airline.

This benefit should be very lucrative for many people, as Membership Rewards points are now effectively worth 2 cents per point when redeemed for travel. There are, of course, the following caveats:

  • The flight must be with the same airline you choose for the annual $200 airline fee credit or in business/first class, in which case it can be with any airline.
  • If the flight is with Southwest or Spirit Airlines, you must call (800) 553-9497 to activate this benefit.
  • The flight cannot be part of a travel package or booked with the American Express U.S. Representative Travel Network.

It was also announced that Business Platinum cardholders will now earn 1.5x Membership Rewards points per dollar spent on any purchase of $5,000 or more, though I don’t find this new perk as exciting as the other two above.

Redeeming 90,000 SPG Starpoints for a Companion Pass, 120,000 Southwest Rapid Rewards Points, and a 7-Night Stay in a Marriott Hotel (Categories 1-5)

marriott-spg

I’ve been on vacation for the past few weeks, so this post is a little late; however, the optimal time to do all of this will be in early 2017, so no harm done.

A few weeks back, Marriott and Starwood began allowing rewards members to link their accounts together and to transfer points between the two programs at a ratio of 3 Marriott Rewards points per 1 SPG Starpoint. This opened up the opportunity to purchase a Marriott Hotel + Air Package 3 (Category 1-5) with 90,000 SPG Starpoints instead of the normal cost of 270,000 Marriott Rewards points.

The Hotel + Air packages, in exchange for 270,000 Marriott Rewards points, provide you with a 7-night stay at any Category 1-5 Marriott hotel and 120,000 airline miles of your choice. Package 3 specifically designates the selection of 120,000 Southwest Rapid Rewards points. While you could choose another of Marriott’s partner airlines, the main point of this post is to highlight that transfers from Marriott do count toward the 110,000 miles you need to earn to be awarded a Southwest Airlines Companion Pass, so simply purchasing this package is enough. Do keep in mind that because the companion pass is valid through December 31st of the year after you earn it, the ideal time for this redemption is on or after January 1, 2017, which gives you an expiration date of December 31, 2018.

In any case, I merely wanted to point out that this option exists and is worth considering for folks who travel a lot domestically. If you’d like to book a Marriott Hotel + Air package, the number to call is (800) 321-7396.

[Miles Briefs] $50 Overstock.com E-Gift Card for $40 (Paypal Digital Gifts via Ebay)

overstock

 

Direct Link

Limit is 5. Seller is PayPal Digital Gifts. Use Chase Ink for 5x UR points. Search for “overstock 40 50” to find the item if going through a shopping portal.

Both Giftcard Zen and ABC Gift Cards are paying 80% for Overstock.com gift cards, and both allow electronic submission as well.

This is a good way to either earn 5x UR or to spend down any Ebay gift cards you may currently have on hand.

There are a few other new gift card deals which you can view here, but this is the only one with any reselling potential.

[Miles Briefs] $5 off $50 PayPal Digital Gifts via Ebay ($100 Southwest or American Airlines E-Gift Card for $87)

ebay southwest 87

PayPal Digital Gifts via Ebay is selling the following gift cards for $92, but with a special promotion of $5 when you spend $50+. Discount will be reflected in cart.

$100 Southwest Airlines Gift Card for $87
$100 American Airlines Gift Card for $87

Limit for each of these is 5 per person. To get the $5 discount multiple times, you must purchase each gift card individually.

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

Link to Shopping Portals