Category Archives for Credit Cards.
Last month Chase added JetBlue as a transfer partner. Chase transfers are one-to-one.
Responding to this competition Citi is introducing improved transfer ratios to JetBlue effective September 13.
Virgin Atlantic miles aren’t worth as much as other miles. However they do have strategic uses and I believe the single best one is ANA first class roundtrip from the Central U.S. and East Coast for just 120,000 miles per person. (San Francisco and Los Angeles is just 110,000 miles roundtrip, while business class runs 90,000 or 95,000 miles depending on the city.)
Another strong use of Virgin Atlantic miles is Delta business class between the US and Europe for 50,000 points each way, which becomes an amazing deal witht he 30% tansfer bonus. There are other award chart sweet spots, like Australia and New Zealand.
A couple of weeks ago we learned that if you have an Android phone, Google tracks you even when you turn location history off. Although Google says that when you turn location history off “the places you go are no longer stored” an Associated Press investigation found that isn’t true and “turning off your Location History only stops Google from creating a timeline of your location that you can view. Some apps will still track you and store time-stamped location data from your devices.” Now we know that Google has a deal with Mastercard – and possibly with other payment networks – to track retail purchases and compare those to online ad clicks in order to help determine the effectiveness of online advertising beyond immediate online purchases. Google then shares date with a test group…
I don’t think interest, or credit card interest is evil. I believe that consumers generally understand the choices they’re making, even if you or I might make different choices. And people do need credit. If you didn’t have credit cards, the need for credit would still be there, and consumers would be left with the next best option.
If you need to fix a car to get to work, or pay a medical bill, credit cards are a better way to do that than payday loans which are better than having your legs broken. You’re paying interest, but you’re also getting something of value in return.
Yesterday I discovered that Korean Air was still listed as a Chase transfer partner one day after it was supposed to be removed.
So I went to check again this morning to see whether Korean Air was still there. It’s not. But a new transfer partner appeared: JetBlue TrueBlue.
Chase announced that the last day to transfer Ultimate Rewards points to Korean Air’s SkyPass program would be Friday, August 24 and that effective today Saturday, August 25 Korean would no longer be a Chase transfer partner.
That notice is still on the Chase Ultimate Rewards website. However Korean Air is also still listed as a transfer partner and the website is allowing me to begin the process of initiating transfers.
Earlier in the month I wrote that Chase is expected to introduce ‘Sapphire Banking’ on August 27. Chase is now confirming the project.
You don’t pay fees for most things — checks, foreign transaction fees, out of network ATM withdrawals (and the other ATM’s fee gets reimbursed), wire transfers or stop payments.
Chase points are one of my favorite currencies, and their transfer partner Korean Air SkyPass is one of my favorite frequent flyer programs.
Chase points will only transfer to Korean through August 24. So I have to decide how many points I want to transfer before the clock strikes midnight and I turn into a pumpkin.
Rocketmiles is one booking site for the toolkit where you earn your preferred currency for your hotel bookings (and frequently a lot of them) and where you can especially earn miles for reservations you make for other people. And the new Membership Rewards partnership is especially useful.
Chase shared with me that Ultimate Rewards would no longer partner with Korean Air SkyPass after August 24. You have through August 24 to make these transfers.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
