Wednesday, February 20th, 2013, 4:35 pm
-Singapore Airlines Also Not Charging Fuel Surcharges For Award Travel On United Or USAirways!
-ANA Not Charging Fuel Surcharges For Award Travel On United Or USAirways!
-Is it Worth Transferring Membership Rewards Points To USAirways With A 16% Loss Of Points?
-4BM Success! (2 consumer card and 2 business card approvals with just 1 hard pull!) .
-Want To Boost Your Credit Score? Spend On Business Cards Instead Of Consumer Cards.
-Which Miles To Use To Fly To Israel?
-Flying Round-Trip To Israel On Air Berlin For 47K American Express Membership Rewards
-Credit Score FAQs: Opening And Closing Cards
-Credit Card Reconsideration: Don’t Give Up!
For a while now there has been no signup bonus for this card, but as of today for a limited time the 25K bonus is back. You can get this bonus even if you have the consumer Platinum card.
25,000 bonus Membership Rewards points for spending $5,000 in 3 months.
Having consumer charge cards (Green, Gold, Platinum, etc) , consumer credit cards, or business credit cards will not stop you from earning this signup bonus.
If you have had a business charge card (Green, Gold, or Platinum) in the past 12 months the terms state that you will not receive the bonus. YMMV.
$450. Though that can be offset by the $400 in fee refunds you can receive in your first cardmembership year.
-Platinum card lounge access for you and 2 guests or your wife and kids at American (must be flying American), Delta (must be flying Delta), and USAirways (can be flying anyone) lounges.
-Priority Pass lounge access to hundreds of additional clubs worldwide.
-Regus lounge membership for access to wifi equipped offices with free snacks worldwide.
-$200 per calendar year in airline fee refunds, so $400 in refunds for 2013 and 2014 during your first cardmembership year. More info here.
-Refund of Global Entry/Nexus/TSA PreCheck expedited security membership.
-Automatic Starwood Gold elite status for bonus points on paid and award stays/free wifi, room upgrades, and 4pm late checkout.
-Car rental elite status and special benefits like 4 hour return grace at Hertz with free #1 Gold, free reward days at Avis and elite status with National.
-No Foreign exchange fee.
-This is one of the only cards that will refund you if you lose any item that you purchased (up to $10,000) within 90 days in additional to many other enhanced American Express benefits.
Spending $5,000 in 3 months:
Spending $10K isn’t what it used to be.
With options like Vanilla Reloads, Vanilla MVD cards, and prepaid gift cards sold at a discount there are lots of ways to help you meet thresholds.
And of course there’s trusty old Amazon Payments made even easier with free additional user cards.
No need to rehash everything, Here are articles I’ve written on this stuff:
-Is Bluebird The Next Dollar Coin Churn?
-Another Flavor Of Vanilla: My Vanilla Debit Card
-Meeting A Spend Threshold In One Night.
-Need To Meet A Spending Threshold Deadline? Send And Receive $1,000/Month With No Fees Using Amazon Payments!
If you spend $1,000 at Fedex for example you’ll get a 5% automatic cash rebate and 2,000 points (double points for shipping as stated above). $1,000 at HP gets a 10% automatic cash rebate and 1,000 points plus their awesome extended warranty coverage as long as you have any open American Express card at the time of the claim.
What can you do with the points:
-You can wait for another Avios bonus. These come by every few months and usually range from 30%-50%. That means you get to Israel for as little as 20K points each way instead of the normal 30K points each way.
-A flight from NYC to short-haul destinations (like Cleveland, Detroit, Montreal, Toronto, and many others) on American booked via Avios is just 4,500 each way with no fuel surcharges or less with a transfer bonus.
-A flight from NYC to medium-haul destinations (like Miami) on American booked via Avios is just 7,500 each way with no fuel surcharges.
-A flight from NYC to resort destinations like Cancun or Puerto Rico on American booked via Avios is just 10,000 each way with no fuel surcharges.
-A flight from NYC to stunning Costa Rica on American booked via Avios is just 12,500 each way with no fuel surcharges. Of you can fly from the West Coast to any Hawaiian Island for that rate. Or you can even fly from Boston to Ireland for the same rate with no fuel surcharges on Aer Lingus (you’ll have to call to book trips on airlines like Aer Lingus or Alaska).
-The only way to fly in Singapore’s First Class Suites, or in their great business or first class products, is with Singapore miles. Book on their website to save 15% of the miles needed. I flew to Europe in December in a couples suite with my wife for about 58K miles each.
-Air France/KLM Flying Blue charges only 25K miles round-trip to Israel during a Promo award or just 50K miles round-trip to Israel on Delta with no fuel surcharges. Plus there are occasionally bonuses to Flying Blue as well, dropping those rates even lower.
-The only way to fly in El Al First Class, which includes the best glatt kosher food in the sky, is with El Al points.
-Air Canada can book you on other Star Alliance carriers, like United and USAirways and many more, with no fuel surcharges. Bonus: They also allow for 2 free stopovers, so you can checkout 3 different cities on 1 ticket.
-ANA miles can get you round-trip to Europe for 38K miles with no fuel surcharges or Israel for 60K miles with no fuel surcharges.
-Singapore miles can get you round-trip transcontinental flights in lie-flat business class for 40K or business class to Hawaii for 60K with no fuel surcharges.
What do you do with your points? Post a comment!
Getting a business card:
Getting a business card is quite simple. You don’t need to be a traditional “business owner” as you might think of one.
For example if Joe Smith sells items on Ebay or on Amazon, or has any other side business/hobby and wants a credit card to better keep track of business expenditures he can just open a business credit card for “Joe Smith Sole Proprietorship” as the business name. You don’t need to file any messy government paperwork to be allowed to do that.
Just be sure to select “Sole Proprietorship” as the business type and just use your social security number in the Tax Identification Number field as well as in the social security number field.
I’ve had business cards since I turned 18 as a Sole Proprietor and never had a problem getting approved with reconsideration if needed. You can reach reconsideration at 866-314-0237.
This is a charge card without a defined credit line, so even when you’re ready to close the account you won’t lose that line of credit.
Plus it’s not subject the limit of 4 American Express credit cards per person, as charge cards are not limited in the way credit cards with a credit line are limited.
Membership Rewards points transfer to:
Transfers are at 1K:1K ratios or are otherwise listed.
–Air Canada (Star Alliance)
–ANA (Star Alliance)
-Asia Miles, Cathay Pacific (OneWorld)
–Avios, British Airways and Iberia (OneWorld)
–El Al (1,000 MR:20 El Al ratio)
–Flying Blue, Air France/KLM (Skyteam)
–Jetblue (250 MR:200 Jetblue ratio)
–Singapore (Star Alliance)
–Virgin America (200 MR:100 Virgin ratio)
–Hilton: (1,000 MR:1,500 Hilton ratio)
–Starwood: (1,000 MR:333 Starwood ratio)
You can apply for both consumer and business American Express cards on the same day with just 1 credit pull. Other cards you may want to consider include:
-Starwood Preferred Guest® Credit Card from American Express
-TrueEarnings® Card from Costco and American Express
–American Express® Premier Rewards Gold Card
–The Platinum Card® from American Express
–Gold Delta SkyMiles® Credit Card from American Express
-American Express® Gold Card
-Blue Cash Preferred Card® from American Express
-Blue Cash Everyday Card® from American Express
-Blue Sky from American Express®
-Starwood Preferred Guest® Business Credit Card from American Express OPEN
-Gold Delta SkyMiles® Business Credit Card from American Express OPEN
-SimplyCash® Business Card from American Express OPEN