For many Chase cards you can only get approved if you’ve had fewer than 5 new credit card accounts in the last 24 months.
I’ve talked about this guideline in the past. If you’re already an expert on this, stop here, but 5/24 is important enough in signing up for credit cards and there are enough new readers that it is worth going over.
Effective June 22 they’re making changes to mileage earning and redemption. This matters to folks in the U.S. because Asia Miles is a oneworld frequent flyer program (earn and redeem on American, British Airways, Japan Airlines, etc.) and because it’s a points transfer partner of American Express Membership Rewards and Citi ThankYou Rewards.
To me the most important takeaway is that roundtrip premium cabin long haul awards are getting more expensive.
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.
Maybe buying a year’s worth of toilet paper is something. Buying 12,150 cups of chocolate pudding (“Pudding Guy”) to earn over a million miles, and then donating the pudding was the stuff of legends, and even an Adam Sandler movie.
I’ve gone dumpster diving.
A year ago an AirAsia flight attendant was videotaped performing Britney Spears Toxic.
The conceit here of course is that Britney herself plays a flight attendant in the song’s music video. Maybe that’s why flight attendants seemingly just can’t help themselves.
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.
If you’re not signing up for small business credit cards you’re missing out on a lot of miles. And with many issuers the cards don’t report to your personal credit, don’t count towards the “5/24” total Chase calculates when deciding whether to approve you for some of their cards.
If you do any consulting work on the side, or you sell items on eBay or craigslist it can be a good idea to set up a business card.
I was in Wilmington, Delaware at an industry conference speaking about credit card rewards. There were several interesting speakers and some of it is worth sharing beyond inside baseball card issuer audiences.
One of those things was a talk by Steve Lenderman, Fraud Operations Lead for Paypal, who talked about how people commit fraud against financial institutions. It matters even for people who aren’t committing fraud because behaviors undertaken by bad actors look suspicious when they’re legitimately undertaken by the rest of us.
China’s ‘social credit system’ monitors citizen behavior and punishes them with travel bans, bans from four and five star hotels, preventing them from sending children to expensive schools, and throttling internet speeds.
New data suggests that China has used this social credit system to block its citizens from taking 11.14 million airline flights and 4.25 million high speed train trips.
The increment for first class wasn’t much. The benefit of first class wasn’t much. Early access to the train has some value for some people. Club access I suppose does too, and so does the included cocktail and food. But I don’t value those enough to pay for it out of my own pocket for sure.
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 »
