It has been a very long time since American Express has had a transfer bonus to one of their frequent flyer program affiliates. However, as of today, American Express Membership Rewards points are transferring at a 1:1.25 ratio to British Airways Avios! This is a 25% bonus on the normal 1:1 transfer.
There are many excellent credit cards out there for churning. However, sometimes it makes sense to keep a credit card past the first year and pay an annual fee. Rarely does this apply for cards simply because of their rewards program, but because of their warranty and insurance programs.
Below is a reference guide for the many different ways in which Canadians can get access to lounges in Canada and abroad. Note that there may be errors or omissions, and if there are, I’d appreciate a comment below to rectify any issues.
A year ago, the Alaska MBNA Mastercard, which offers 25,000 Alaska points on sign-up with a $75 annual fee, which I have written extensively about, used to have a $60 rebate with Great Canadian Rebates (GCR). Unfortunately, when MBNA changed their Bank of America system to the new TD system, the Alaska MC was pulled off their rebate list. When folks asked GCR when it will come back on the list for rebates, the response was typically “in a month”… which went on for many, many months.
The Chase Marriott Visa, which carries an excellent 50,000 Marriott point + free night certificate sign-up bonus, has sort of “disappeared” from the Chase homepage. Here’s what I mean:
Having a mistake on your credit report is a fairly common occurrence, and if you’re a credit card churner, there’s more activity on your credit reports which increases the likelihood of a mistake. Typically mistakes aren’t that big of an issue, but they can take time and substantial effort to get the issue rectified. It’s important to check your credit report from both bureaus on a regular basis to monitor for any mistakes. Today’s Sunday Reader Question is: If there’s a mistake on my credit report, what do I do to fix it?
