In the world of travel and credit card rewards, finding ways to earn extra miles and points without spending additional money is always a win. One strategy that can be highly effective is utilizing shopping portals, which are operated on behalf of major loyalty programs. These portals offer bonus miles or points for making purchases through their links, and when combined with other offers, they can be a great way to boost your rewards balance.
One current opportunity involves a targeted American Express offer and a shopping portal offer for a Motley Fool subscription. By taking advantage of both offers, you can generate miles or points at an incredibly economical rate. Here’s how it works:
The first offer is a targeted American Express offer that gives cardholders a $49 rebate on a Motley Fool subscription. This offer appears to be widely available and can be loaded onto your American Express card.
The second offer is a shopping portal offer that provides a bonus of miles or points for taking out a Motley Fool subscription. The specific bonus amount varies depending on the loyalty program affiliated with the shopping portal. Some examples include 4,500 Alaska Mileage Plan miles, 6,200 American Airlines AAdvantage miles, 10,000 British Airways Executive Club Avios, 3,800 Delta SkyMiles, 4,300 Southwest Rapid Rewards points, and 5,000 Chase Ultimate Rewards points.
To take advantage of this opportunity, you’ll first need to load the targeted Amex offer onto the American Express card that will give you the best return on your Motley Fool spending. For example, if you have a card that earns 2 points per dollar on the first $50,000 of spending each year, you’ll want to load the offer onto that card.
Next, select the shopping portal you’d like to use and find the Motley Fool deal they’re offering. Click through to the Motley Fool site from the portal, and you’ll find that an annual subscription to the Motley Fool Stock Advisor costs $99. However, by paying for the subscription with the Amex card to which you’ve saved the Motley Fool offer, you can bring the price down to just $49.
Now, let’s discuss the effective cost of the Avios/Miles/Points you’ll earn. If you plan to use the Motley Fool subscription, the cost of the miles or points is essentially zero because they’re just a bonus on top of the subscription you’re already paying for. However, if you don’t plan to use the subscription, you’ll effectively be paying $49 for the Avios/Miles/Points you earn.
Based on the current offers, here’s what the cost of each currency looks like:
– Alaska Mileage Plan – approximately 1.08 cents per mile
– American Airlines AAdvantage – approximately 0.79 cents per mile
– British Airways Executive Club – approximately 0.49 cents per mile
– Delta SkyMiles – approximately 1.29 cents per mile
– Southwest Rapid Rewards – approximately 1.14 cents per point
– Chase Ultimate Rewards – approximately 0.98 cents per point
It’s essential to note that while the United Airlines portal offers 3,200 miles, the cost per mile would be over 1.5 cents. Considering that you can generate Chase Ultimate Rewards Points, which convert to United Miles at a 1:1 ratio, for less than that, it’s not advisable to click through the United portal.
Ultimately, the decision on which currency to choose depends on your specific needs. For example, if you’ll get significant value from 10,000 Avios, which are harder to earn through flying, it might be worth paying 0.49 cents per mile. However, if you need to top up your American Airlines AAdvantage account or are interested in generating Hyatt points at a low rate, it’s worth considering the other options.
Before proceeding, it’s important to review the terms and conditions of the Amex offer. It states that you need to make a single subscription-based purchase of $99 or more online at fool.com/amex to trigger the credit. While historically shopping portal purchases have triggered the credit, it’s crucial to understand that your experience may vary.
In conclusion, by combining a targeted Amex offer and shopping portal deals, you can generate various miles and points currencies for as low as 0.49 cents each. While the number of miles or points you’ll earn may not be significant, this strategy can be highly economical for topping up your rewards account. However, it’s important to read the disclaimers and understand the terms and conditions before proceeding.