Monthly Archives

Monthly Archives for October 2020.

Kauai Rebels Against Hawaii’s Re-Opening Plan

Oct 03 2020

Hawaii has required everyone arriving in the state to quarantine for 14 days. They’ve put off plans to re-open tourism until October 15. At that point they’ll allow visitors with a negative Covid test within 3 days of arrival to skip quarantine.

The island of Kauai, though, isn’t satisfied and doesn’t want to participate.

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Earn Minimum Of 4 Points Per Dollar On All American Express Spending For 3 Months

credit cards
Oct 02 2020

American Express lets cardmembers earn points when they refer a friend who applies and is approved for a new card. You’re generally limited only to referring friends and family for cards you already have yourself.

From October 1 through October 28 they’re adding a new bonus to encourage people to refer friends. In addition to the standard points that they’ll give for a successful referral, they’ll also let someone who successfully refers someone earn 3 more points per dollar (or earn 3% more cash back) for the next three months.

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Airlines Sold Debt Backed By Miles. Mileage Mutual Funds and Synthetic CDOs May Be Next

chasebank
Oct 02 2020

With securitizing frequent flyer programs the ‘new thing’ J.P. Morgan sees an opportunity to take smaller pieces of a program – rather than a whole thing – and turn them into tradeable commodities.

Why not take pieces of the loan and trade those, creating a more liquid market? Why not then package these into frequent flyer mutual funds, parts of various instruments backed by several airline programs? And why not make a leveraged bet on these?

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Hyatt 25% Award Rebate, Quadruple Points And Earn Next Year’s Elite Nights Early

hotel room
Oct 01 2020

Hyatt announced both a new and very lucrative promotion, along with an extension of a great points-redemption offer. You can get up to 25% back when redeeming points, and you’ll be able to earn up to quadruple points on Hyatt stays while also earning elite status credit both in the fourth quarter of 2020 and having those stays also count in 2021 as well. That’s some generous, lucrative thinking on the part of Hyatt.

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Norwegian Air In Talks To Be Nationalized

plane on runway
Oct 01 2020

They’re reportedly in talks with the government of Norway over nationalization, since the earlier bailout the carrier received hasn’t been enough to keep them afloat while a government spokesperson confirms that the carrier is deemed to be “very important” although they’d anticipate government-as-shareholder would be a temporary arrangement.

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