Posted on July 6th, 2009 by MoneyBlogger
The Chase Sapphire Preferred card is offer 25,000 points after your first purchase. There is a $95 annual fee, but it is waived for the first year. Thanks to the readers who sent this in. (There is also a regular Chase Sapphire card with no annual fee, that is offering 10,000 points after first purchase. Don’t get that one.)
What can you do with 25,000 points? You can get a check for $250, a credit towards a flight purchase of $312.50 (online booking free, but $20 fee via phone), or 25,000 frequent flier miles with a 1:1 point transfer. The exact participating airlines are unknown. Info taken from their benefits guide.
Rewards program quality? At 1 point per $1 spent with no special bonus categories, and only a 20% bonus for $50,000 in annual spending, this card is not worth a $95 annual fee. I’d sign-up, redeem the points for a quick and easy $250, and then cancel the card within the first year.
Instead, get a 1:1 frequent flier point transfer and 1.25 miles per $1 spent with the cheaper Starwood American Express card (which also has their own 25,000 Starpoint sign-up bonus).
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Posted on July 6th, 2009 by Canadian Capitalist
The Ottawa Citizen recently reported that the Federal Government is considering a cash-for-clunkers program:
Environment Minister Jim Prentice said Saturday he’s reviewing whether Canada should follow the United States and several European countries in offering consumers a substantial financial incentive to scrap their clunkers and buy new vehicles.
Prentice said he’s met with a number of auto [...]
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Posted on July 6th, 2009 by MillionDollarMan
There was comment in the popular Smith Manoeuvre thread about comparing the tax deductible mortgage plan (TDMP) to the traditional SM. Here are my thoughts on the issue.
What is TDMP?
The TDMP is a basically a way for someone interested in leveraging their home to invest to hand off the whole setup. That is, TDMP will [...]
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Posted on July 6th, 2009 by DebtAway
My husband received a second call back for the government position. I know he’s talented, smart, and hard working – I just didn’t expect him to be one of the top candidates in a position where 1,324 people applied (they released the final number of applicants at his test site). In this market, [...]
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