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

by Gary Leff

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

by Gary Leff

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

by Gary Leff

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

by Gary Leff

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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Flight Attendant Gets Note, Money From Passengers On Her Last Flight Before Furlough

by Gary Leff

Oct 01 2020

American Airlines flight attendant Breaunna Ross shared a video of her last announcement on her last flight before her expected furlough. She arrives at Dallas Fort Worth and shares she “didn’t hold it together lolllll.”

Another cabin crew member – who is also getting furloughed – recorded her last announcement. And then the two of them “held hands as [they] landed.”

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Wide Open Summer 2021 Cathay Pacific Business Class Award Space For 4 Passengers

by Gary Leff

airline cabin
Sep 30 2020

Summer 2021 is likely to look a lot different, a lot more normal, than the world looks today. It’s as far out as you can book a ticket on most airlines. And the great thing about using miles in most programs is how flexible they are. Worst case scenario a usually modest fee, but some programs like American AAdvantage are waiving award cancellation fees entirely right now. So it’s a great time to book your next adventure!

Cathay Pacific is currently making business class awards widely available between the U.S. and Hong Kong for up to four passengers, from several gateway cities. This allows you to connect beyond Hong Kong to much of Asia.

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