Capital One has temporarily introduced redemption of Venture and VentureOne Miles for restaurant delivery, takeout, and streaming service spend. You can apply statement credits with your points at full value, as you would have for travel purchases. That’s great strategy to encourage cardmember retention and spending, to help customers conserve cash, and to benefit local restaurants that are struggling.
Capital One and Amazon are offering a first-use promotion of $20 off $80 for Capital One cardmembers who have never used their miles or cash back to shop at Amazon.com.
You wouldn’t buy the basic economy tickets airlines were selling, but they’re going to take your money anyway.
President Trump’s Secretary of Commerce Wilbur Ross said on Friday that not giving airlines another $25 billion, after providing $25 billion in payroll support and another $25 billion in subsidized loans, is akin to punishing them:
Chase has one of the most lucrative credit card offers we’ve seen for the premium Southwest Airlines business card. It’s a great card as I’ll show you in a moment but let’s first look at the initial bonus offer for the card, meant to make a really big splash and it does with up to 100,000 points as an initial bonus, which in 2020 is enough to earn a Companion Pass. When you earn the bonus you have enough points for a Companion Pass even under standard rules that return in 2021.
Star Alliance member TAP Air Portugal, known for its cheap business class fares, has deals right now from the U.S. to Europe starting at just $82 one way and $229 round trip. And that’s not just East Coast to Europe, but even from San Francisco as well.
And while most people in the U.S. cannot travel to most destinations in Europe now, at least without quarantining on arrival (U.K.), this fare is available through next summer and at these prices it may be worth taking a flyer.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
British Airways has a new business class suite with privacy doors. It appears on the same plane where first class still lacks doors. That will be (slowly) changing as British Airways will have a new first class suite with doors, which will first appear on new Boeing 777s that start to be delivered next month.
Politicians from both sides of the aisle, along with the President, have publicly supported a second airline bailout in the form of a ‘clean extension of CARES Act payroll support.’ That would mean another $25 billion over 6 months to the airlines in exchange for holding off on employee furloughs.
However this hasn’t happened because it’s caught up in negotiations over a larger package, that some observers say is now unlikely to happen. Since furlough restrictions expire after September 30, some airlines are expected to let go of workers starting October 1. That’s seen as a deadline for Congress to act (or for the President to take some form of executive action, as he’s suggested he could).
October 1 isn’t really a hard deadline, though.
ABC Denver reported Jeffrey Cook reported on three missing cats loose on board a transatlantic flight for over an hour. We know what everyone was thinking, of course: at least it wasn’t snakes on that plane!
On Monday Delta announced that they were mortgaging the SkyMiles program, taking out a $6.5 billion loan secured by their frequent flyer program and its revenue stream As part of the deal they had to disclose a great deal of the inner workings of the program including where members are located and how much they’re spending on Delta American Express credit cards, along with how much they’re generating in revenue selling miles to members.
Just three days after announcing this deal they’ve announced an upsizing. Instead of borrowing $6.5 billion, they’re going to borrow $9 billion.