Category: Chase

Miles And Taxes: Is There Any Reason To Worry (Probably Not)

tax, frequent flyer mile

Note: I am not an accountant. Nothing that I write below should be taken as tax advice. And if you’re getting tax information from a guy on the internet, you should probably rethink your strategy.   I got a question from a reader the other day asking if taxes could spell the end of the …

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The Basics Of Miles Redemptions

delta

The other day, a coworker asked me, “How can I use miles to get to Paris?” Now, most people who know me well don’t ask me questions like that. They know that it’s going to take about a half hour for the answer. She must have been having an off day, though, since she asked …

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Southwest Offering Companion Pass With EVERY New Credit Card

southwest, chase, credit card, companion pass

And now it gets interesting… It was only a few weeks ago that Southwest was offering 60,000 points to sign up for its Chase credit card. That was a great deal, particularly at the start of a new year. And now they’re dwarfing it. Companion Passes for Everyone One of the best elite perks in …

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WSJ: Credit Card Companies Cutting Back Bonuses

Yesterday, the Wall Street Journal introduced the new year with an article that may be unwelcome to some members of the points community. Turns out that banks have made a resolution to go on a diet, as well. Problem is, their diet means cutting back on points that they are giving away, not taking in. …

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Marriott Rolls Out New Credit Cards; Premier Plus Looks Interesting

marriott rewards

As Marriott moves to combine the Starwood and Marriott Rewards programs, it is taking a necessary first step and rolling out its credit cards. Initial bonuses are often the best you’ll see for a while, so it’s worth taking a look. Marriott Rewards Premier Plus The new card that caught my attention was the Marriott …

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IHG Hobbles Its Free Night Award

Chase, IHG

It was good while it lasted. Intercontinental Group (IHG) appears to be significantly devaluing the free night that comes with its $49 credit card. 70,000 to 40,000 Starting with free nights issued after May 1, Chase and IHG are modifying what I called the best credit deal in the industry: A free night at any …

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Southwest Chase Card Offering 50,000 Points (Still)

southwest, rapid rewards, credit card

Southwest is offering a 50,000 signup bonus with its credit card if you spend $2,000 in the first three months. It comes with a $69 annual fee, but the return is more than tenfold. The standard bonus for this card is 30,000 points, but they run the 50K promotion so frequently that there’s no reason …

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Using Proprietary Card “Currency” For The Best Seats

Credit card rewards aren’t just points and miles. Most of the major card issuers can get you cash or travel rewards, but some pay in their own “proprietary” currency, as well. You’ve probably heard of them: American Express has Membership Rewards (MR) points; Citibank has ThankYou points (TYP); Chase has Ultimate Rewards (UR). The rationale …

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Credit Cards: Rewards Versus Benefits

credit card

I got a survey a few days ago asking me about the benefits of my Delta Reserve Credit Card, and it got me thinking about a subject that I already spend too much time thinking about: credit cards that I own that I would never actually use. This post is going to be best for …

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Update On The Marriott Credit Card

The Marriott/Starwood merger has been in the news recently. Yesterday, it issued a press release regarding the future of its credit card business. Multiple Marriott Credit Card Issuers The Marriott/Starwood merger meant that the new parent had a big decision to make regarding its credit card partner. Marriott had traditionally issued cards through Chase, while …

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