Club Carlson recently announced their Mega Points promotion in which you can earn 10,000 bonus points per night when you book the Mega Points rate.
Take a cruise through Club Carlson's website and book a reservationRead More
Creative ways to earn and use frequent flyer miles and points.
After reading Frequent Miler's reviews about Target's Prepaid REDcard® over and over again, I couldn't help but get excited to give this new product a try. However, there has been one major stumbling point; Target locations in Oregon do not carry the Prepaid REDcard®. You can find Target stores that sell REDcard® using this website. That stumbling point was finally mitigated as we made a quick stop in New Mexico on our January vacation.
I'm proud to say that I am now the proud owner of a Target Prepaid REDcard®...errrr my wife is now the proud owner of a Target Prepaid REDcard®!!! More on that later....
he Target REDcard® is a reloadable prepaid debit card/checking hybrid account promoted by American Express. There are a whole bunch of bells and whistles with the Target REDcard® that make this card a big time player in the world of air miles and points. Some of the features that make this card standout include the following:
I've often talked about Bluebird by American Express. I currently have a Bluebird account and it is amazing. Much like Bluebird, REDcard® is a reloadable prepaid account or debit card. Essentially a prepaid reloadable card is much like a checking account. For REDcard®, you purchase a temporary card at select locations and load funds onto that card with your credit card. Within a week or so you'll get a permanent card that you have to activate.
Once activated, you can load the card via a number of methods. You can then use your card to buy stuff, much like any debit card or credit card. However, once the funds are out, you can no longer use the card (until you load it again).
Read the last bullet point on the features of this card....read it again, and then again...I hope you have an "ahhh ha moment." Yes, unlike Bluebird, you can load REDcard® with a credit card.
Last weekend we attempted this and it worked marvelously! You simply take your REDcard® to the register and ask to load funds onto it. The cashiers even said, "I've never done this before." But the prompts to load appeared easy.
Within minutes we had loaded 2 x $1,000 onto the REDcard® with our Starwood Preferred Guest® Credit Card from American Express. Within minutes we had earned 2,000 (very hard to earn) SPG points.
Read the points above again. There is an online bill pay function that is free. There are free ATM withdrawals. There is also a way to transfer REDcard® funds to a bank account for free.
I plan on using REDcard® funds to pay bills I normally would not earn points for (i.e. car payment, mortgage, certain utility bills, places that don't accept credit cards).
So you now know that you can use a credit card to reload this REDcard®. You know that you can load up to $5,000/month maximum. With your standard credit card that earns 1 point per dollar spent, you could earn 60,000 points through this method. I plan on using my Starwood Preferred Guest® Credit Card from American Express as the points are incredibly difficult to earn and I love the Cash+Points option to redeem.
If you have, say, the Fidelity® Investment Rewards® American Express® Card (that earns 2% cash back on all purchase), you could earn a whopping $1,200/year by reloading your REDcard®.
Have any of you used the Target Prepaid REDcard®??? What are your thoughts?
Vacation in January?! Eeks....it sounds like a great idea before tax season rolls around for this CPA! However, where on earth do you go? Florida was an obvious answer, although we've had some spotty weather in November in South Florida. We decided to give it a shot any way. Judging by our previous cold weather, I figured we needed to go as south as possible. We wanted to try the South Gulf side of Florida though. So Marco Island it was!Read More