February 21, 2012
In January I reported my strategy to buy Delta Platinum status and a million miles. The idea is to use gift card churning and other tricks to spend a total of $110,000 on two credit cards (Delta Reserve and Platinum) in the calendar year. Most of these tricks result in getting most of my money back so I won’t go poor doing this. By spending $60K on the Reserve card and $50K on the Platinum card I will earn 50,000 Delta Medallion Qualifying Miles towards Platinum elite status. The remaining 25,000 miles needed for Platinum status will be earned through flying.
In that same post, I suggested the possibility of earning an average of 20 points per dollar on spending I put on the Platinum card. If I manage that, I would earn a total of 1 Million miles on top of miles earned directly from credit card spend and from flying. Note that I’m primarily focused on earning elite status. The million mile target is more of a nice-to-have bonus if I get there.
To meet these goals, I would need to spend, on average, $2115 per week using my Delta cards, and I would need to earn almost 20,000 points or miles per week in shopping portals.
So, with 7 weeks into 2012 accounted for, how am I doing so far? I’ve spent an average of $2195 per week so I’m slightly ahead on spending, and I’ve earned just over 24,000 points and miles per week from shopping portals. I’m ahead there too! Of course, the Nordstrom 36X deal accounts for most of my success on the latter point, but still it’s nice to see! Hopefully we’ll continue to see mega-deals every couple of months so as to keep up the pace!
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