Category Archives for Just the Tip(s).
From the I’ll-never-use-this files (similar to my previous pondering about Alaska’s MileagePlan), I stumbled upon the Shell Fuel Rewards Network and wanted to share an overview of the program because it looked really interesting.
Stop me if you’ve already heard about it and I must also disclaim: I live in New York City. I don’t have a car. I don’t even know where the closest Shell station is. But I signed up for the Fuel Rewards Network program all the same.
Why?
I’ve written before about the benefits of FoundersCard.
They partner with American Airlines to offer a unique benefit each quarter. In the past, they’ve had discounts of 5% or 10% off most fares on AA metal, which can be quite a nice break with you fly American a lot.
Here are the current airline benefits:
Always a good feeling to wake up to an extra $50 when you don’t expect it. Last week, I talked about my experience getting the Amex Serve card after ditching Bluebird. I’m currently testing out different banks to see if they charge cash advance fees + give me points for using credit cards. So far, I’ve confirmed US Bank does not charge any fees and they already posted my Club Carlson points.
Right now and until the end of June, Serve is running a promo that gives $50 for two direct deposits of $250 or more. The questions in mind when I saw this were:
Bluebird generates a monthly statement like any other bank account. I thought maybe Serve would do the same thing and post the bonus at the end of a statement cycle, that is, if Amazon Payments counted at all.
I can confirm that Amazon Payments does indeed work as direct deposit AND that the bonus posts as soon as the second direct deposit clears.
All in a day’s work
I loaded $1,000 to Amazon Payments after getting in on the recent (and current!) 6.6% cashback at the Arrival portal. It’s a great way to generate some points and liquidate Amex gift cards. In fact, I just ordered a second round.
From there, I sent over two direct deposits of $250 to my Serve account simultaneously.
This morning, all the cash was in the account with the bonus $50. Can’t beat that!
If you’re at all interested in getting a Serve account, I highly recommend signing up using this promo link and scoring an extra $50 for doing so.
Serve is a great complement to the points and miles world if you’re far from a Walmart and can’t load up Bluebird at CVS any more. Or if Walmart stops accepting gift cards for Bluebird reloads. (There have been reports that this might be starting to happen.) $1,000 a month is the credit card load limit (on the non-Isis version) for Serve accounts. It isn’t much, but it’s enough to pay a few bills and still get some points rolling in. Every little bit helps. It really does! – I did some quick math on this post.
Update 3/3/15: US Bank credit cards are no good with Serve. It is coding as a cash advance.
Update 11/2/14: I tried to load up Serve with my Chase British Airways and it is coding as a cash advance! I have also read reports that the Sapphire and Freedom are starting to code as CA, too – so with Chase, beware.
I also loaded up $5 with my US Bank Club Carlson Visa. It is still on my account as a pending transaction – will post with an update soon.
For now, I am using my FIA Fidelity Amex. I couldn’t get the Serve website to accept my Barclaycard Arrival no matter how many times I tried. No idea why. But it took my Fidelity Amex on the first try, so not sure if the website is glitching out or what. Just keep an eye on Serve. I think it’s starting to go the way of Vanilla Reloads, unfortunately.
Update 10/12/14: There is some speculation that US Bank (and possibly other banks) are starting to code Serve reloads as cash advances. These fees destroy any value you get from a points-earning credit card. I have already loaded my $1,000 this month so can’t personally test until November. I’d recommend loading up $5 and giving it a few days – let the transaction post. If you are charged a fee, avoid any other cards issued by that bank. The next step in manufactured spend is hopefully just around the corner!
As you guys know, I just ditched Bluebird and got a Serve card to help manufacture some spend post-Vanilla Reloads at CVS.
From what I understand, you can still purchase Vanilla Visa cards with a credit card at CVS, assign it a PIN with the first purchase, and use a service like Evolve Money to make bill payments. I may employ this method soon to pay student loans and electricity bills (HT: Neil). Just make sure your payee is in their system before you get started.
So I needed to reset myself this week. Working too much, friend in town, holiday, etc.
I got myself into a couple of situations where I didn’t fully excavate the T&Cs – the dreaded terms and conditions – which further depleted me.
All is fine and good until you get to this little set of rules that is typically appended onto something you (or I) might think is a really good deal. And I’ve gotten myself into some sorry situations for not fully reading them these past few days.
In the post where I talked about the upcoming trip to Venice in Swiss biz class, I said:
I was able to click through the FIA/Fidelity portal to get 3 points a dollar back + points for using a mileage-earning credit card…
Wrong.
Had I properly read the T&Cs I would’ve seen this disclaimer:
Retailer Exclusions
Bonus points will be awarded only after travel is completed. The following are not eligible to earn bonus points: Air Travel, pre-packaged vacations, Groupon Getaways, any car transaction exceeding a purchase price of $5,000 USD. Car transactions between $1,000-$5,000 are subject to investigation by Expedia.
AKA I got nothing for clicking this link and spending nearly $1,500. I would’ve earned 1 point a dollar by instead clicking through to Travelocity at the Ultimate Rewards portal. 1,500 points is better than no points. But I didn’t read the T&Cs, so, like a schmuck, I got nothin’.
Then, I really thought the Zoola Rewards portal would a boon. After all, you have to put your credit cards on file with them. I thought it would be a great way to stack a lot of points into one transaction. Key word: thought.
I tweeted them and got confirmation that you do have to click through their portal to earn the cash back. Therefore, I would not advise using that portal unless you want CASH. But even still, if you have cards that earn Ultimate Rewards, you can redeem those points for cashback or a statement credit – and they’re much more versatile in case an idea for a trip comes along. So, the Zoola Rewards thing could be good for those who don’t have cards that can earn cash or statement credits and just want to earn cash – not points or miles. In all other instances, it’s not the right thing to use. I have to recommend avoiding this portal now. Why? I confirmed, on Twitter, their T&Cs.
@harlanvaughn Good question! The answer is yes- with our online merchants, you always have to click to their store through our website.
— Zoola Rewards (@ZoolaRewards) April 17, 2014
So there you have it.
Let this be a reminder to always confirm what you’re getting – or what you think you’re getting. No matter how rushed you are to snag a deal, it only takes a few extra seconds to read. Don’t make an assumption. You know what they say about assumptions. They make an ass out of u & me.
Or, this week, just me.
Happy travels and remember to read the fine print!
Update: I only recommend this portal if you want CASH BACK and don’t want to earn points or miles. AVOID this portal if your card offers cash back or statement credits. See this post for more info and the confirmation I received via Twitter.
Sorry if I’m tardy to the party on this one but…
I just signed up for Zoola Rewards, and think you should too. It’s a new(?) cashback rewards program. All you do is plug in your Visa or MasterCard credit or debit card numbers and shop at any of the merchants to receive cashback in the form of a check mailed directly to you once a year or a direct deposit in 3, 6, or 12 month intervals. I chose direct deposit every 3 months (duh).
I was only semi-interested in the service until I started poking around the website and saw a LOT of familiar merchants with some nice cashback returns.
This is mostly for my own benefit, just because I want to keep track of everything that is happening with American during their merger with US Airways.
I will continue to update this post (though hopefully not frequently…).
Note: I do not really care about the US Airways side of things, only how they affect American.
(Hopefully not) To be continued…
Vanilla Reloads: Gone the way of the dinosaur
Man, the news of CVS changing their policy to cash-only for Vanilla Reloads shook my little points manufacturing world upside down. I loved it so much because I essentially turned CVS into my bank; loading Vanilla Reload cards was my deposit transaction. Quite literally, because that’s how I’ve been paying rent up until this month.
So now what?
Update 2/1/15: I have been BANNED from the Barclaycard Travel Community.
I don’t know why, but this is what I see when I log in now:
So if anyone has given me kudos, but I haven’t reciprocated, this is why. Thank you guys for the support, but it looks like I’m out of this one, unfortunately. :/
This post is part personal ad and part information.
Barclays Bank has been doing some really cool things lately, especially with their new Barclaycard Arrival (the naming of this card is so weird). They’ve created a revolutionary card with instant posting of points, instant redemptions, a great portal, free FICO score, and a slew of other great benefits. Anything a bank can do to keep a consumer engaged with their product is a really good thing. Now, they’ve made a community. Read More
This is just a shameless advert because the referral bonus has doubled for three days only, starting today. But, in all seriousness, if you haven’t checked out Rocketmiles, they offer a truly great service.
Also see:
Be the elephant
Evernote, for me, was one of those services that my friends highly praised, but that took me a while to get into for myself. Maybe it will be like that for you, or maybe you’ll instantly fall in love with it.
I have a new brain. And that brain is Evernote. Their tagline is “Remember everything.”
Axiom time.
It is very hard to assign a monetary value to points and miles. Specifically, points issued by banks (Ultimate Rewards, Membership Rewards, Thank You points, Arrival “miles”) and airline mileage programs (AAdvantage, MileagePlus, SkyMiles, Easy Returns, Avios, etc., etc. etc.)
Valuations vary wildly depending on who you ask. But if you ask me, it’s simple. You want to get at LEAST two cents of value out of each point or mile.
And that’s the smoking gun right there. Don’t waste time trying to assign some sort of arbitrary value out of your points and miles. You want to shoot for a minimum value of $.02 each.
Hello and welcome to Out and Out! My name is Harlan – I’m a points and miles enthusiast who loves to travel. I am interested in personal finance, the power of positive thinking, and the extraordinary journeys that make life worth living.