Good evening everyone, I hope your week is going well. I was working on my Buy Miles & Points Page and found 5 offers that end tomorrow (Friday, April 30, 2021). Always check the math to make sure that buying miles & points makes sense for you. Do not buy miles & points speculatively unless you have a use in mind. With that said, here are 5 offers that end tomorrow. Up first, Hyatt is offering a 25% discount, when you purchase at least 5,000 World of Hyatt Points. This offer expires on April 30.
Good afternoon everyone. I’m not sure if this was a fluke, but my most recent Hyatt free night certificate posted 2 weeks before the annual fee posted, but my wife’s Hyatt free night certificate posted 2 months after the annual fee posted. In this post, I will share the details about both of our situations and show the new terms of the Hyatt free night certificate.
I used to have the old Chase Hyatt Credit Card that had a $75 annual fee, but on January 11, 2021, Chase converted all cardholders from the old Chase Hyatt Credit Card to the new Chase World of Hyatt Credit Card which has a $95 annual fee. I decided to close my old card before the conversion took place so that I could apply for the new card down the road. Long story short, the old card annual fee posted on December 1, 2020, but the free night certificate posted to my Hyatt account 2 weeks prior.
Good evening everyone. 2 years ago, I wrote Track Hotel Free Night Certificates & Credit Card Annual Fees with my Spreadsheet. In that post, I shared my strategy for keeping track of free night certificates. If you have several co-branded hotel credit cards (like the Chase World of Hyatt Credit Card or Chase IHG Rewards Premier Credit Card), you need to keep track of free night certificate expiration dates so you do not forget to use them before they expire or you run out of time to use them at a good property (the hotel is not going to remind you to use your free night certificate – they want you to pay the annual fee and forget to use your free night certificates). Here are the unused free night certificates I have, as of March 2021. I sorted the list by the expiration date of my free night certificates, so I know which free night certificates I need to focus on first.
The inspiration for this post came from a recent Miles to Memories post called Don’t Fall Into The Free Night Certificate Fuzzy Math Trap! In that post, Mark shared all the downsides of free night certificates, like short expiration dates, some certificates only work at certain hotel categories or on certain days, etc. I totally agree with all of those downsides, but I had the pleasure of redeeming 2 free night certificates today and wanted to share an upside I found with free night certificates.
Good morning everyone, happy Friday! After I published How Much Did I Pay in Credit Card Annual Fees in 2020?, several readers asked if I could share how much value I received from each credit card in 2020. Today’s post is also a sequel to my 2019 post (I Paid $4,588 in Credit Card Annual Fees in 2019 – Was it Worth it?). All 24 of these credit cards were opened before January 1, 2020, and no sign up bonus is included. For simplicity, I did not include the value of miles or points earned from credit card spend, since that is somewhat subjective (and most of the miles and points were not spent in 2020). I counted all credits, reimbursements, retention offers, and referral bonuses at dollar face value. For hotel free night certificates, I have several from 2020 that expire in 2021 and 2022, so I am using a standard value of $100 for each hotel free night certificate.
I went through all of my credit card statements and online accounts to see which Credit Card Benefits I used in 2020 and those values are summed up in the CCB $ column. If I received a retention offer, that is listed in the RO $ column. I listed the credit card annual fee in the AF $ column. Lastly, I used this formula to calculate the Profit or Loss (P / L column) for each credit card: CCB $ + RO $ – AF $ = P / L
I sorted the credit cards alphabetically and split them up into 3 smaller groups. Here are some thoughts from the first group:
- The first 3 AMEX cards were big money makers due to the standard card benefit credits and the temporary pandemic benefits. It will be hard to beat these numbers in 2021.
- I never planned on keeping the American Express Platinum Delta SkyMiles Credit Card long term and only signed up for the 70,000 Delta SkyMiles sign up bonus in 2019.
- In most years, we are easily able to use the $99 Alaska Airlines Companion Fare, but due to the pandemic and very cheap Alaska Airlines flight, we did not use the Companion Fare in 2020. I am hoping to use the Companion Fare this year.
- I’m glad Laura (LT) was able to get a $59 retention offer on her Capital One Venture Rewards Credit Card and a $100 referral bonus.
|Credit Card Name||Credit Card Benefits||CCB $||RO $||AF $||P / L|
|AMEX Business Platinum||$400 Dell credit; $198 airline reimbursement; $160 wireless phone credit; $158 shipping credit; $96 AMEX Offers for Dell & AT&T||$1,012||$200||$595||$617|
|AMEX Gold||$120 dining credit; $100 airline reimbursement; $60 AMEX Offer for Shop Small||$280||$0||$250||$30|
|AMEX Hilton Honors Aspire||$250 airline reimbursement; $250 resort credit (used at restaurants); 1 Free Night Certificate (expires 7/2/22) (worth $100)||$600||$0||$450||$150|
|AMEX Platinum Delta SkyMiles||Downgraded to no annual fee American Express Blue Delta SkyMiles Credit Card to avoid paying annual fee||$0||$0||$0|
|Bank of America Alaska Airlines (LT)||Alaska Airlines $99 Companion Fare expired in 2020||$0||$0||$75||-$75|
|Capital One Venture Rewards (LT)||$100 referral bonus||$100||$59||$59||$100|
Good afternoon everyone, I hope your week is going well. I don’t know about you, but 2020 was the year I earned a lot more transferrable points than I spent. I am hoping that in 2021, I will be able to spend a lot more points than I did in 2020. For this post, I looked at my 3 favorite transferrable points programs (American Express Membership Rewards Points, Chase Ultimate Rewards Points, and Citi ThankYou Points). I looked at my starting balances on January 1, the number of points I earned in 2020, miscellaneous point transfers in/out, the number of points I redeemed in 2020, and the ending balance on December 31 (I don’t have any plans on redeeming any points in the next few days). For a quick calculation, I earned 350K points across the 3 programs and spent a total of 211K points (most were with Chase’s Pay Yourself Back feature).
American Express Membership Rewards Points
- Starting Balance on Jan 1: 240K
- Points Earned in 2020: 201K
- Points Redeemed in 2020: 4K
- Ending Balance on Dec 31: 438K
With American Express, I earned 201K AMEX MRs with 3 cards (American Express Business Platinum Card, American Express Gold Card, and American Express Blue Business Plus Credit Card). The Biz Plat had many pandemic bonus categories like wireless phones, shipping charges, and Dell purchases. The Gold Card had bonus categories for restaurants and grocery stores, along with high referral bonuses. And the Blue Biz Plus offered 2x everywhere and was my go to card when I wasn’t working on meeting minimum spending requirements on new CCs. Across all 3 CCs, I received a total of 65K AMEX MRs from referral bonuses. To view your points summary, click here. To view your redemption history, click the View Redemption History link.