I haven't paid for a plane ticket in over 5 years, but I still got elite status on Southwest thanks to my AmEx Platinum

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

I now know that the best trick of all is taking a great vacation for free, while earning additional rewards for doing so

American Express Platinum

card offers Membership Rewards points for each purchase, and these points can be very valuable. For example, you can transfer your points to miles with 17 different frequent flyer programs, and each one of these programs might allow you to redeem your miles on flights with many of their partner airlines.

When you transfer your points to miles, and redeem your miles for expensive flights in business and first class, then you can get extraordinary value from your rewards. In fact, it's sometimes possible to receive several cents in value for each point redeemed. But when you redeem your Membership Rewards points for statement credits towards airline flights, you typically receive just one cent in value per point redeemed. This is a terrible value, and it may appear that receiving a 35% rebate isn't that significant. However, the 35% figure is deceptive, since you will again receive a 35% rebate on your original rebate, once you redeem those miles. If you do the math, you realize that you're actually getting about 1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Travel business: passengers treated poorly, prices vary widely, disruptions occasionally due to weather,.... If u can take advantage of travel perks, such as frequent flyer or other loyalty programs, definitely worth effort! travel vacation beach airport Airline hotel

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fake heiress who dazzled New York elite gets 4 to 12 years for fraudA German woman who posed as a wealthy heiress to scam New York hotels, fashionab... She will do 3 years and be released quietly. Give her a medallion Doesnt seem to be enough time
Source: Reuters - 🏆 2. / 97 Read more »

We compared the Chase Sapphire Preferred to the Amex Platinum — and this time, the winner isn't clear-cutWhich is a better: Chase Sapphire Preferred or AmEx Platinum? They're very different cards, but if you travel a lot it may be worth having both.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Human lifespan could soon pass 100 years thanks to medical tech, says BofAOne of the biggest investment opportunities over the next decade will be in companies working to delay human death, Bank of America says. Humans 100 ...Global Warming 100 They're trying to extend our lives so they can enslave us with 70 year mortgages Great, I won’t be able to retire until I’m 90.
Source: CNBC - 🏆 12. / 72 Read more »

Clash Of The SUVS - Ford's 2019 Expedition Platinum Vs. Nissan's 2019 Armada PlatinumTwo of the top SUVs in their class are test-driven and compared. One is more expensive, but the test results may surprise you. Pls never compare ford to nissan, ford is better by far😏 Nissan who?
Source: Forbes - 🏆 394. / 53 Read more »

We compared the Chase Sapphire Reserve and AmEx Gold to determine the ultimate dining rewards cardThe American Express Gold card and Chase Sapphire Reserve are favorites for travel rewards, but their dining rewards are not to be missed.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Higher platinum prices boost Lonmin resultsLonmin PLC (LMI.LN) swung to positive Ebitda for the first half of fiscal 2019, buoyed by rising platinum prices, while second-quarter production results were mixed. The mining company, which is in the process of being taken over by Sibanye-Stillwater Ltd. SBGL, said Friday that earnings before interest, taxes, depreciation and amortization for the six months ended March 31 were $78 million.
Source: MarketWatch - 🏆 3. / 97 Read more »

Exclusive: Bosch goes for platinum-light fuel cellsGlobal automotive supplier Bosch expects platinum to play only a minor role in i...
Source: Reuters - 🏆 2. / 97 Read more »

A 91-year-old WWII vet gets his high school diploma with his grandsonA 91-year-old World War II veteran walked across the stage this week to receive an honorary high school diploma. His grandson, a senior in the graduating class of 2019, walked across the stage with him. This is what being human is. CNN The hub for fake news The Greatest Generation! Absolutely! God bless him.
Source: CNN - 🏆 4. / 95 Read more »

Fake heiress 'Anna Delvey,' who scammed banks and socialites, gets up to 12 years in prisonIn one instance, prosecutors say she promised a friend an all-expense-paid trip to Morocco, but stuck them with the $62,000 bill. Should have the plea deal. 👏👏👏👏👏👏👏👏
Source: NBCNews - 🏆 10. / 86 Read more »