Milenomics² Podcast Episode 230: New Opportunities and What Comes Next
Added 2024-06-23 00:01:01 +0000 UTC0:22 What to do as Smoke Clears on Amex 10x Dining Referrals
Still getting cards reconsidered?
Keep throwaway cards (obtained mostly for the referral) open?
What to do with Fluz capacity?
Schwab (without welcome bonus) for cashout?
08:37 What to do with fluz GC Balance capacity?
The service has become very Cash Balance compatible:
4x on Office cards (Ink, BofA) with PCPWork
4x on Business Gold with PCPTech
2x on most 2% cards with any cash load
So where does Gift Card Balance come into play?
Citi cards are easy, tight loops
Wyndham
But What else? What is 4-5x and NOT pay by phone payable?
13:02 Amex Business Employee Cards: 5,000 for $2k x5
K4IY:9830
Seems to work Business Platinum, Gold, Green, Blue Business Plus
Stacks brilliantly with 10x referral, 120k Business Platinum upgrade or anything else you can think of
Chatter: Call-in offers back at 15k per $4k and
17:55 PayPal Billpay Malfunctions
Amex related
No real pattern
Refunds come back….I think
24:24 BofA +3% Gets Complicated
Just after recording the PCPTech Cash load MCC we like switched
Good news is PCPWork does count as 3x for office supplies.
Fortunately/Unfortunately this did/did not work for Office supply categories
This means as the processor changes you need to be ready to change your category–can only do this once per month.
Makes sense to change to office supply now in anticipation of the +3, or even to just start your $50k spend now at 3%. The added bonus is going to come through either way.
Needs monitoring for changes in MCC #fluz-discussion is good for this.
Once you change you can’t change back for a month, means we might be doing some ‘blended average’ spend at 3+3 and 1+3. Still a great way to get through GC Balance!
30:03 What Cards Next?
Time for Strata Premier (Citi re-entry after self shutdown)
More US Bank? Altitude Reserve? More Leverage?
BofA Alaska Business? Is that a distraction vs BofA Business Customized Cash?
Double (instead of Triple dip) the Elite card? Still a $1000+ Win any time of year
37:44 Applied: Chase Ink with 40k referral / 75k SUB
I did one of these just recently in March (Episode 221 has the discussion)
Did another today, wife now has 3 open
P2->P1 referral resulted in a denial, I am over 5/24. Some people swear this doesn’t result in a denial, worth trying probably, as an approval seems to be a green light.
This is a LOT of 5x capacity. At 1.25 cent PYB this is a $1400 per sign up,
about $500 a year in profit per card even with 3% fees