30% Transfer Bonus From American Express Membership Rewards to Virgin America

Get 30% more Elevate® points when you transfer Membership Rewards® points to your Virgin America Elevate account. Offer ends April 30, 2014. Terms, conditions, and restrictions apply.

Instead of the normal 200 Membership Rewards points to 100 Elevate points, the limited time bonus turns that ratio into 200:130.

You can calculate how many points you need for partner redemption on this page.

Transferring MR points to Elevate points rarely makes sense due to the non 1:1 transfer ratio. Hopefully, this is just an appetizer of Membership Rewards transfer bonuses to come.

Let’s hope for better transfer bonuses in the coming months (come on, Avios!), especially with great new products out in the EveryDay & EveryDay Preferred credit cards.

Plenty of American Airlines Changes – Awards, Stopovers, & More

Big news this morning from the American Airlines – US Airways merged camp. There are a few changes that most flyers are not too happy about.

List of Changes

  • AAnytime awards increase and are broken out into 3 tiers, effective June 1, 2014
  • Free stopovers at North American international gateway cities (JFK, LAX, ORD, MIA, DFW) are eliminated
  • Oneworld Explorer awards completely eliminated, effective immediately!
  • US Airways has updated their “sweet spot” North America – North Asia Business Class award from 90K to 110K, aligning with AA
  • AA award ticketing fees for international tickets booked over the phone will go from $25 to $35 per ticket
  • Lots of checked bag changes – see further down.

Continue reading

American Express EveryDay Preferred Sign-Up Bonus Posted

Since the American Express EveryDay & EveryDay Preferred credit cards are so new, I thought I’d give updates through the whole process. Last week, I wrote about the card arriving and posted some photos and screenshots.

The latest news here is that the 15,000 Membership Rewards points sign-up bonus for the EveryDay Preferred has posted to my account.

amex everyday bonus

“Amex Ed Pref $1K Spd/15K MR Pt” posted on April 2nd, shortly after I reached the $1,000 spend threshold. That’s surprising to me because, if I recall correctly, I’ve never seen an Amex MR bonus post before the statement closes. Regardless, the bonus has posted, as expected, and I’ve also just completed the 30 transactions before my initial statement closes on April 8th!

amex transaction tracker congrats

In this short, initial statement period, swiping $1 transactions to myself via Square Register has come in handy.

I hope these posts help people who are interested in this new product from American Express!

Discover IT Second Quarter Bonus Categories Are Live

Similar to the Chase Freedom bonus categories, the Discover IT card has its own set of bonus categories that are directly competing this quarter:

  • Home improvement stores
  • Furniture stores
  • Bed Bath & Beyond

You will receive 5% cashback on any purchases in these categories, up to $1,500 in spend.

The second quarter runs from April 1 – June 30, 2014.

You can sign up your IT card for the bonus on this page.

You can redeem Discover cashback on gift cards from a plethora of retailers, but for me, the best value is to just redeem it for statement credit.

Chase Freedom Second Quarter 2014 Bonus Categories Are Live!

The 2nd quarter of 2014 is upon us so that means a plethora of new bonuses and maybe some shuffling of spend.

As I wrote 2 weeks ago, the bonus categories are restaurants and Lowe’s home improvement stores.

You will receive 5 Ultimate Rewards points per dollar spent in the bonus categories, up to $1,500 in spend.

The 2nd quarter bonus runs from April 1 – June 30, 2014.

If you haven’t already activated your Chase Freedom for this quarter, activate it here.

Chase has definitely created exclusive agreements between certain retailers – Lowe’s for home improvement, Starbucks for coffee shops, etc. If you happen to like shopping at Home Depot or other home improvement stores, look into my post about this quarter’s Discover IT bonus categories.