Good afternoon everyone. I hope you enjoyed reading my post from this morning: My March Madness App-O-Rama Results: 3 out of 4 Credit Cards Approved. In that post, I mentioned that I would be doing an unboxing of my new US Bank Altitude Reserve Visa Infinite Credit Card. This credit card has a sign up bonus of 50,000 FlexPoints (worth $750 in flights) after spending $4,500 in 3 months. This card has a $400 annual fee, but offers $325 in airline travel credits that mostly offset the annual fee. There are a few other credit card perks that I will go over in this post. But first, take a look at how beautiful this credit card is. The card is a thick metal, similar to the Chase Sapphire Reserve Credit Card. On the front of the credit card, it only shows your full name. On the back, it has your full name again along with all the other credit card information. Let me show you the rest of the items that came with this credit card.
Good morning everyone, happy Friday! As I mentioned in my post yesterday, I did a mini App-O-Rama (where I apply for several credit cards on the same day) on Monday. I am still waiting for most of the credit cards to arrive in the mail, but I have all the results. Here are the results of my March App-O-Rama (sorry there is nothing related to NCAA March Madness in this post):
- American Express Gold Card – instant approval (I wrote about the instant approval here)
- US Bank Altitude Reserve Visa Signature Credit Card – pending and then approved (I will have a post out later today with my unboxing photos)
- Wells Fargo Business Platinum Credit Card – pending and then approved
- Bank of America Alaska Airlines Business Credit Card – pending but will be denied since they want a lot of business and tax documents (I will explain more below)
Click the above link to see info on my American Express Gold Card instant approval. Without further ado, let’s go through the 3 other credit card application results.
US Bank Altitude Reserve Visa Signature Credit Card
After my instant approval with the American Express Gold Card, I was feeling good and hoped my instant approval streak would continue (like the good ole days when I would go 6 for 6 on credit card App-O-Ramas). But instead, I got a pending decision and decided to wait and see what would happen.
Good afternoon everyone. Earlier today, I wrote Dilemma: Spend $15,000 on Chase World of Hyatt Credit Card to Earn Extra Free Night Certificate? In that post, I mentioned that I did a mini App-O-Rama. I applied for 4 cards and was instantly approved for 1: the American Express Gold Card (my referral link). Hopefully the 3 other pending credit card applications come back as approved. I will keep you posted on those results in the next few weeks. Anyway, I liked the American Express Gold Card for the juicy sign up bonus (spend $2,000 in 3 months and get 50,000 Membership Rewards Points), 4x Membership Rewards Points on restaurants & grocery, $100 airline fee credit, and $10 monthly dining credit (which I plan to use at Grubhub to pickup lunch once a month). Unfortunately, I am not very excited about the $250 annual fee.
Updated 8pm PT on 3/15/19: Thank you to everyone who entered the giveaway. I wish I could give everyone codes, but I only have so many codes available. Here are the winners: Mike Saint, Bill Pisor, LAURAPDX, Brandon, Priscilla Ennis, Seth, Will, Stephanie Woods, iwantmoremiles, and Jim F. I will email the winners the codes. Thank you.
Good afternoon everyone. A year ago, I wrote AwardWallet Feature I Wish Existed: Keep Checking for Account Balance Changes. In that post, I wished there was a way for AwardWallet to constantly check a specific airline / hotel account to see when miles or points posted. This is super important if you transfer points from a transferable points currency (Chase Ultimate Rewards, American Express Membership Rewards, Citi Thank You Points, Capital One Points, or Marriott Bonvoy) in the hopes of booking an award flight before the award space disappears. Some transfers are instant, while others may take several hours or several days.
I am happy to report that AwardWallet took my idea and added the feature to AwardWallet. Here is a blog post describing Balance Watch and how the feature works:
“Balance Watch will monitor a loyalty account to let you know as soon as your points arrive. Once activated, AwardWallet will check your balance up to twenty-four times per day and send you a desktop, mobile, and email notification as soon as a change is detected.”
Good morning everyone. A few days ago, I got an email from Radisson Rewards about transferring Radisson Rewards Points into airline miles. I figured it would be a bad deal in terms of the value you get from Radisson Rewards Points, but thought it might be useful if you have airline frequent flyer miles expiring soon and need some activity to reset the expiration date. I went through the transfer process to convert 2,000 Radisson Rewards Points into 200 American Airlines miles. Trust me, I know this is a terrible exchange, but it is a very efficient way to keep airline miles from expiring (and I don’t put much value on 2,000 Radisson Rewards Points). I then went even further down the rabbit hole and looked at other hotel programs (Hilton, Hyatt, IHG, Marriott, and Wyndham) to see if they offered better value in terms of resetting airline mile expiration dates than Radisson Rewards. Here are my results…
To get started with the conversion of Radisson Rewards Points into airline miles, I started here. As you can see, 2,000 Radisson Rewards Points = 200 airline miles. The transfer ratio is the same regardless of how many Radisson Rewards Points you want to transfer. 10 Radisson Rewards Points = 1 airline mile. According to Frequent Miler’s Reasonable Redemption Values (RRV), 1 Radisson Reward Point is equal to 0.38 cents per point (CPP), which would make 1 airline mile worth 3.8 CPP (which is unrealistically high). But look at it a different way. 2,000 Radisson Rewards Points would be worth $7.60 (2,000 x $0.0038 = $7.60). In reality, I get 40,000 Radisson Rewards Points every year when I pay the $60 annual fee on my US Bank Radisson Rewards Business Credit Card, so that comes out to a 0.15 CPP value ($60 / 40,000 = $0.0015). The new calculation would make 2,000 Radisson Rewards Points worth only $3.00 (2,000 x $0.0015 = $3.00). So would you redeem $3.00 in Radisson Rewards Points to reset your frequent flyer miles expiration date?