Travel

Down At The Beach House…

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The next day in St Kitts, I woke up with a surprising pain in my foot! Turns out, I hurt myself really badly on the beach the evening before from jumping around and chasing the little sandpipers on the beach. It was the stupidest thing really – I just loved watching them all march away … Continue Reading

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Is The New IHG Premier Card Subject To 5/24?

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Yesterday the IHG® Rewards Club Premier Credit Card was launched, which is the new premium IHG credit card. The card has an $89 annual fee and a sign-up bonus of 80,000 IHG Rewards Club points after spending $2,000 within the first three months. You can earn a further 5,000 points by adding an authorized user and having them make a purchase within that same period.

While not as compelling as IHG’s old card once was (which is no longer open to new applicants), I see a lot of value in this card. Here’s where the value in the card lies, in my opinion: 

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Dear Air Belgium: Please Take My Money

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Earlier this week Air Belgium began selling tickets for their flights, which launch on April 30 between Brussels and Hong Kong. Air Belgium is a new airline operating 3x weekly flights between Brussels and Hong Kong using former Finnair A340-300s. Their long term goal is to add flights between Brussels and several points in mainland China.

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The (Roughly) 200 IHG Hotels Where You Can’t Use Free Night Certificates

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Within the past few days, IHG Rewards Club has updated their policy on where you can redeem the anniversary free night certificates that are issued in conjunction with select credit cards. In the past these certificates were valid at virtually any IHG hotel in the world, while under the new policy these certificates can only be redeemed at hotels that retail for at most 40,000 points per night.

Since IHG doesn’t publish a formal award chart, they’ve published a list of excluded properties where you can’t redeem your anniversary free night certificate. The problem is that when they published this list it just made things more confusing, rather than simpler. That’s because there were many hotels on the list that didn’t in fact retail for more than 40,000 points per night, adding further questions about what kind of restrictions there were.

Under the rules, hotels that cost 40,000 points per night or less should be bookable, while some 40,000 point per night hotels weren’t bookable. My guess was that this was an IT issue given that they were probably in a rush to get the list up.

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Details Of The New IHG Rewards Club Premier Credit Card

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Chase and IHG are making some major changes to their co-branded credit card this week. Unfortunately the IHG Rewards Club Select Credit Card is no longer available for new applicants, and in the process they’ve made a negative change to the anniversary free night certificate.

Today a new credit card is open to applicants — the IHG® Rewards Club Premier Credit Card. Here are the details of this new card:

The new IHG Rewards Club Premier Card has a welcome bonus of 80,000 IHG Rewards Club points after spending $2,000 within the first three months. On top of that, you can earn a further 5,000 bonus points when you add an authorized user and make your first purchase within the first three months from account opening.

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Japan’s Hottest Show: Tokyo’s Robot Restaurant in Shinjuku

Read more at: https://bucketlistjourney.net/captivating-chaos-tokyos-robot-restaurant-show/

Tokyo’s quirky Robot Restaurant show will have you eating sushi out of a bento box while watching scantily clad girls ride twelve foot steel horses as live stuffed animals prance around the stage.

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IHG Honoring Uncapped Free Night Awards For Select Cardmembers

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A couple of days ago we learned about some major changes being made to the IHG® Rewards Club Select Credit Card. The best benefit of this card has been that it offers an anniversary free night certificate just for paying the $49 annual fee on the card, which is a heck of a deal. You could redeem this at virtually any IHG hotel in the world, including InterContinentals that would otherwise cost up to 70,000 points per night.

This benefit is changing, unfortunately. As we learned at the time, for IHG anniversary free night certificates issued on May 1, 2018, or later, you can only redeem at properties that cost up to 40,000 points per night. IHG free night awards cost anywhere from 5,000 to 70,000 points per night, so this excludes about 330 of IHG’s 5,300 hotels.

While there are still plenty of properties at which you can redeem, there’s no denying that this is a big sting to the value of the certificate, and the card overall, for that matter. A lot of people only recently signed up for the card largely because of this benefit, and were disappointed by this change. There’s some good news on that front.

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Today Only: United Is Offering Up To A 100% Bonus On Purchased Miles

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For today only — through 11:59PM CT on Wednesday, April 4, 2018 — United is offering up to a 100% bonus on purchased miles. This is as good as bonuses on purchased United miles get, as I don’t ever recall seeing a bigger offer from them (though they have occasionally offered similar bonuses in the past).

The promotion is tiered, and you earn a bigger bonus the more miles you buy, as follows:

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How Much Do Credit Card Companies Pay For Airline Miles?

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I’m always fascinated by the business side of miles & points. Loyalty programs can be a huge profit center for airlines, and the more we know about the business side of these programs, the better we can understand the evolution of credit card rewards.

While airlines have SEC filings that reveal some information, for the most part we’ll never learn the real nitty-gritty of how much things cost. For example, a few years ago I published a story about how much airlines pay for partner award tickets. In other words, when you redeem United miles for an ANA first class ticket, how much is United paying ANA? For the most part these reimbursement rates were really low, though that doesn’t come as much of a surprise.

In this post I wanted to discuss a different topic that’s along similar lines. I don’t have any inside information here, but rather am sharing my thoughts based on a development we saw today. I’m sure I’m not the only one who has wondered how much the major credit card issuers pay when we convert one of their points currencies into airline miles or hotel points.

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