Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
If you want a laugh, check out my previous “State of the Game” post. In it, I talk about looking forward to REDbird, loving Club Carlson, and wondering how Evolve Money would play out.
I also lamented the loss of Vanilla Reloads and Amazon Payments, and was just switching from Bluebird to Serve.
Dude. MS is DONE. Right? What is left?
I read on the FlyerTalk forums about people MSing $20K-$50K a month… HOW?!
People aren’t talking about what they’re doing. And I don’t know how to do it either.
The only ace in my little MS hole is buying PayPal My Cash card at CVS to pay rent on RadPad.
I hear people still MS with Bluebird. But there are no Walmarts here in New York, so I can’t mess with that. I don’t even have a Bluebird card any more anyway.
We kinda thought for a second that Evolve would be a good way to liquidate PayPal My Cash cards by using the PayPal Business Debit MasterCard, but nope. They charge a 3% fee on that, too.
So I don’t know what the next thing is or what people are doing… is MS even worth it any more?
Tsk, tsk about Chase
Speaking of app-o-ramas, it looks like Chase is going the way of the dodo.
I wonder if other banks will start following suit.
If it becomes more difficult to open new cards, and if manufactured spending is difficult, what is left?
Man, the recession was great for the points and miles hobby. Airlines and hotels were throwing points out like candy. And now that flights are full and hotels are doing fine, they don’t need to have great loyalty programs or incentive spend.
The hobby will march forward, but to where? And when?
Until the “next thing” pops up, I’m gonna stick to loading up my Roth IRA for free.
Remember when I said I was going to do the AA Platinum Challenge again this year? I… didn’t.
While the extrAA miles are nice (and I do think AA is still the best airline program, for now anyway), I simply don’t have
that many paid flights these days.
I consider myself a free agent when it comes to AAirlines. I’ll fly whAAtever gets me there the cheapest when I pay, and whAAtever I have the most points with when I redeem. Easy as that. (K, I’ll stop with the AA thing now.)
I’m still waiting on the other shoe to drop with American anyway. 2016 is gonna be a bloodbath a la United, Hilton, and Club Carlson, I think.
Speaking of other shoes to drop, I’m looking at you, Hyatt.
American needs a hotel partner like United has Marriott and Delta has Starwood, and Hyatt or IHG look like the best options right now (or Hilton since both have credit cards issued by Citi… hmm?).
I love Hyatt, but I suspect they’ll devalue soon too.
Until the next recession, of course. Then they’ll all be printing points and miles like crazy again.
But now that I’m done trying to like Club Carlson, I really want to like Hyatt. It’s a trepidatious loyalty. Because I keep expecting them to do something crazy.
It’s a barren, battered landscape out there right now.
In lieu of everything, I’m going to down, focus on my FIRE, and get some cashback while I drain my current balances. Points accounts are NOT savings accounts (but they can be insurance). Earn and burn, baby!
So talk to me.
Tell me about:
- Your predictions
- How you liquidate PayPal My Cash cards (or if you use RadPad)
- MS if you care to share
- How you see things playing out in points and miles land
Out and Out has partnered with CardRatings for our coverage of credit card products. Out and Out and CardRatings may receive a commission from card issuers.
- Capital One Venture X Rewards - Earn 75,000 Venture miles plus a $300 annual statement credit for travel booked through Capital One
- Chase Ink Business Preferred - Earn 100,000 Chase Ultimate Rewards points after you spend $15,000 on purchases in the first 3 months and 3X bonus points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
- Amex Blue Business Plus - Earn 15,000 Amex Membership Rewards points and 2X bonus points on up to $50,000 in spending per year with NO annual fee
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.