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In support of National Small Business week, Chase is offering a limited time bonus on the Ink Business cards!

Both the Ink Bold® Business Card and Ink Plus® Business Card will earn 60,000 bonus points after spending $5000 in the first three months, an increase of 10,000 points over the standard offer!

Even prior to the bump in the bonus, I felt the Chase Ink cards offered the single best credit card sign-up bonus out there, and this is by far the best offer we’ve seen for these cards!

Ultimate Rewards points are one of the most valuable points currencies given that they can be transferred at a 1:1 ratio to United, Hyatt, and many other programs. The cards are also great for everyday spend given that they offer 5x points at office supply stores, and on cell phones, internet, and cable TV, and double points on gas and hotels. So this is a card that’s good for both for the sign-up bonus and for everyday spend. I value Ultimate Rewards points at 1.8 cents each, so to me these points are worth over $1000! The annual fee of $95 is also waived for the first year.

This is a phenomenal deal, and if you’ve been thinking about applying for either card now is an excellent time!

Click here to learn more and apply for either card:

(In the interest of full disclosure, I earn a referral bonus for anyone approved through the above links. All are for the best available offers. Thanks for your support!)

Through June 27, 2013, American Express Membership Rewards in the US is offering a 20% bonus on transfers to HawaiianMiles. The bonus is hard coded into the transfer ratio, meaning the bonus posts instantly and you can earn it as often as you’d like.

Sadly HawaiianMiles isn’t a very lucrative frequent flyer program, so there are very few circumstances under which this represents a good value, in my opinion.

One case where it can make sense is for travel on Virgin Atlantic. Hawaiian is Virgin Atlantic’s only airline partner that doesn’t impose fuel surcharges for redemptions on them. Hawaiian’s award chart for travel on Virgin Atlantic used to be extremely lucrative, as they charged 140,000 miles for Upper Class to anywhere in the world, meaning you could do a roundtrip from San Francisco to London to Hong Kong to Sydney and back, for example. Then in November of last year they devalued their award chart for travel on Virgin Atlantic with no advance notice. Now it’s 125,000 miles for business class between the east coast and Europe, so factoring in the 20% transfer bonus that’s ~105,000 Membership Rewards points.

The next best alternative is booking through ANA which charges 63,000-68,000 miles for roundtrip tickets on Virgin Atlantic between the east coast of the US and London, though you’ll be hit with ~$820 in fuel surcharges. So in that case I’d say booking through Hawaiian represents a better value.

Other than that there really aren’t many good uses of Hawaiian miles. While they can be transferred at a 1:2 ratio to Hilton HHonors, that only applies to miles earned directly through the program, and not those transferred in. So if you want to transfer points from American Express Membership Rewards to Hilton HHonors, you’ll want to go through Virgin Atlantic.

For actual travel to Hawaii you’re almost always better off booking through British Airways Avios if flying coach between the west coast and Hawaii, or booking through Singapore KrisFlyer for travel in first or business class or from the east coast. You can find more tips for redeeming Membership Rewards points for travel to Hawaii in this post.

Hawaiian does have random partnerships with JetBlue, Virgin America, and more, but I don’t find them to be all that valuable.

Can anyone think of any other uses of HawaiianMiles that would be worthwhile with this transfer bonus?

While it’s not travel related, Starbucks does have a loyalty program and this is a good deal, so I figured I’d mention it. Through June 18, My Starbucks Rewards members can receive a free tall iced beverage (including frappuccinos) at locations in the US and Canada. Simply show this coupon, either on your mobile device or printed, and pay with your My Starbucks Rewards card (though it shouldn’t actually be charged). There’s a limit of one free drink per member.

Aside from the free drinks for birthdays and 12 transactions it’s rare to see an offer like this, in my experience.

Update: It appears this may be targeted, so check your My Starbucks Rewards account to verify eligibility, as there seem to be some other versions of the offer out there as well.

Back in April I shared the details of a promotion Etihad was running for their BusinessConnect program. They’re offering a 5,000 mile sign-up bonus just for signing up your business. There are no strings attached, other than that you have to upload a copy of your EIN. While I have a legitimate business, truth be told I’m lazy and instead uploaded a blank word document, and still got approved for the program, and the 5,000 miles posted quickly.

I actually forgot about those 5,000 miles until they emailed me yesterday. While 5,000 miles is a lot for nothing, 5,000 miles in a program you don’t otherwise accrue miles in really isn’t worth a whole lot.

Ah, they have a reward shop! Suddenly those 5,000 otherwise useless miles were worth something. For fewer than 5,000 miles they had memory sticks, iPad cases, etc. — a bunch of things I actually could use. So in the end I ordered an iPad case for just under 5,000 miles, and shipping is free.

Anyway, there are plenty of things in their rewards shop for fewer than 5,000 miles that retail for $30-50, so if you haven’t already you might as well join their BusinessConnect program and get something for free.

One perk of having a Citi American AAdvantage credit card is access to the AAdvantage Citi reduced mileage awards. The greatest discount is given to those with the following cards:

Basically if you have one of those cards you get a 7,500 mile discount on the reduced mileage awards, which are published for select destinations within the US and Canada. Up until now this has only been available on roundtrips and the cities have remained the same for an entire quarter. That means a roundtrip coach award cost 17,500 miles, while a roundtrip first class award cost 42,500 miles. If there’s “Milesaver” award availability then these are bookable, though the catch is that you have to book by phone, so if you’re not an Executive Platinum member that does mean you incur a $25 phone ticketing fee, which negates much of the savings.

However, the latest Citi AAdvantage reduced mileage award chart has just been published for travel June through September, and they made a couple of changes. First of all, it’s now possible to book one-ways using these awards, with the following discounts:

Furthermore, instead of changing the cities quarterly, they’re now changing them every month. So this is potentially good (given the greater variety of cities) or bad (if you want to travel to a city at the end of a month and return at the beginning of the next) depending on how you look at it. It’s worth noting, as always, that the above discounts are in addition to the 10% mileage refund you get when redeeming miles as a Citi AAdvantage card member, up to 10,000 miles per year.

Anyway, even with the discount this isn’t the best use of miles, though there are cases where this comes in handy, and I appreciate the flexibility of having access to these awards on a one-way.

Ritz-Carlton Rewards has announced a pretty lucrative summer promotion, which will be valid for stays between July 1 and October 31, 2013.

Through this promotion you earn one complimentary night at a tier 1-3 Ritz-Carlton after making two stays. You can earn a maximum of two free nights through the promotion. Registration for the promotion is required prior to September 30 for accounts created before June 4, 2013. Accounts created on or after June 4 are automatically registered for the promotion. The free night certificates will be deposited in eligible accounts within 3-5 business days of the second stay, and are valid for a year.

Interestingly the terms and conditions state that “the member receiving this offer has been specifically targeted,” though I think it’s safe to assume that’s not the case since the promotion shows up on the front page of Ritz-Carlton’s website.

You can find a listing of hotel categories here, so you can see the tier 1-3 properties that these nights can be redeemed at, which usually go for 30,000-50,000 points per night.

This can be a really good deal for some properties. For example, the Ritz-Carlton Moscow is a tier 3 property so you can redeem your free night certificates there. Some days the best available rate for a standard room is $1,000USD per night with tax.

(Tip of the hat to Josh)

Since mid-April, American Express has been running a 35% transfer bonus between Membership Rewards and British Airways Executive Club. There’s no limit to the number of times one can take advantage of the transfer bonus, and it’s hard coded into the transfer ratio, meaning the 35% bonus posts immediately.

The bonus runs through Friday, June 7, so you only have a few more days to take advantage of it. While we’ve seen 50% transfer bonuses in the past, so far this year we’ve only seen a 30% transfer bonus.

British Airways Avios might not be the most aspirational points currency — their award chart is distance based and they have high fuel surcharges on many of their partners — though it’s one of the most useful points currencies out there.

Avios are great for shorthaul awards, like for travel within the US on American and Alaska (awards start at just 4,500 Avios each way). They’re also great for travel between the west coast and Hawaii (as few as 12,500 Avios each way), for travel to Europe on Air Berlin and Aer Lingus, and for travel to and within South America on LAN.

So given the 35% transfer bonus I’d almost speculatively make a transfer if you have upcoming travel in one of those markets.

It’s a good bonus and while we may see a better transfer bonus in the future, I’m not counting on it anytime soon.

US Airways more or less offers monthly promotions on the purchase or sharing of miles. In January they offered a 100% bonus on purchased miles targeted exclusively to those that purchased miles in 2012, in February they offered a targeted 100% bonus on purchased miles as well, in March they offered a “mystery” bonus of up to a 100% on purchased miles, in April they offered a 50% bonus on shared miles, and in May they offered a 100% bonus on purchased miles for everyone.

This month they’re basically offering a slightly better version of the April promotion. Through June 30 they’re offering a 50% bonus on the sharing of miles. Sharing miles (meaning transferring them from one account to another) ordinarily costs one cent per mile, plus a 7.5% tax, plus a $30 transaction fee.

Through this promotion they’re waiving that transaction fee and offering a 50% mileage bonus.

That means if you transfer 50,000 miles to someone else’s account you’ll really get 75,000 miles, and it will cost you $537.50, or 2.15 cents per “generated” mile.

So this is a good deal if you’re looking to top off an account, in my opinion, but isn’t a rate at which I’d proactively transfer miles unless you have a specific redemption in mind. During the standard 100% bonus on purchased miles they’re available for 1.88 cents each, so this is a bit more expensive.

The very best promotions that US Airways runs, however, are the 100% bonus on shared miles, like the one they ran last October. Through that promotion you’re basically paying just over a penny per mile, which is an amazing deal. Here’s to hoping that returns sometime soon…

In an identical way to how they’ve run the promotion in the past, Hyatt is offering up to a 30% bonus on the purchase of Gold Passport points through June 30, 2013.

The bonus thresholds are as follows:

Buy 1,000 – 9,000 points and get a 10% Bonus
Buy 10,000 – 29,000 points and get a 20% Bonus
Buy 30,000 – 40,000 points and get a 30% Bonus

As a reminder Gold Passport points ordinarily cost 2.4 cents each, and you can purchase a maximum of 40,000 Gold Passport points per year. So if you’re maxing out this promotion with the 30% bonus you’re paying just under 1.85 cents each. I value Hyatt points at 1.6 cents each, so this is still a bit more than I’d pay for them.

That being said, if you have a specific use of points in mind, this can be a great deal. For example, Hyatt’s top hotels go for 22,000 points per night, so at 1.85 cents per point you’re paying roughly $400 per night for that. That’s an absolute bargain compared to the paid rates at the Park Hyatts in Paris, Zurich, the Maldives, etc., so can be worth considering if you’re looking for a discount on a luxury hotel stay.

The past few years the US Travel Association and American Express have been sponsoring Daily Getaways, which is basically a promotion offering discounted travel packages to encourage travel within the US. As I posted back in March, the promotion will be back this year, though at the time the calendar wasn’t published.

Well, the calendar has now been published for two weeks of the five week promotion.

Here’s the schedule for the first week, from June 10-14:

And the schedule for the second week, from June 17-21:

The above isn’t especially exciting — I think what we get excited over are the Hyatt and Starwood points, though the past two years there have been so few packages and so much competition to the point that snagging them is kind of like winning the lottery, even if you’re there exactly when the promotion begins.

As a reminder, if you pay with an American Express card you get an additional 10% off, so in sharing my thoughts below I’ll assume everyone’s paying with an American Express.

So the first day you’re basically looking at Marriott gift cards for 20% off. Not bad, assuming you stay at Marriotts. Tuesday, Wednesday, Thursday, and Friday are all pretty boring to me. I assume they’ll interest some, though they’re pretty specific.

For the following week the Club Carlson points are probably the most interesting offering. You can buy 50,000 points for $174.60, or 100,000 points for $346.50. I value Club Carlson points at maybe 0.4 cents each, so it’s a good deal, though not an amazing deal, in my opinion. Keep in mind you can get a lot more value out of Club Carlson points if you have their credit card, since the second night of an award redemption is free.

The other interesting offering is Avis Chairman’s Club membership for $1,003.50. This is basically the Concierge Key/Global Services equivalent of car rental status. I doubt you’ll get $1,000+ in value out of it unless you rent a lot, but it’s a cool status nonetheless.

Anyway, here’s to hoping weeks three through five are more exciting!

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