Milenomics² Podcast Episode 230: New Opportunities and What Comes Next (Patreon)

0:22 What to do as Smoke Clears on Amex 10x Dining Referrals

• Still getting cards reconsidered?

• Keep throwaway cards (obtained mostly for the referral) open?

• What to do with Fluz capacity?

• Schwab (without welcome bonus) for cashout?

08:37 What to do with fluz GC Balance capacity? 

• The service has become very Cash Balance compatible:

  • 4x on Office cards (Ink, BofA) with PCPWork

  • 4x on Business Gold with PCPTech

  • 2x on most 2%  cards with any cash load

• So where does Gift Card Balance come into play? 

• Citi cards are easy, tight loops

• Wyndham

• But What else? What is 4-5x and NOT pay by phone payable?

13:02 Amex Business Employee Cards: 5,000 for $2k x5

• Direct Link

• K4IY:9830

• Seems to work Business Platinum, Gold, Green, Blue Business Plus

• Stacks brilliantly with 10x referral, 120k Business Platinum upgrade or anything else you can think of

• Chatter: Call-in offers back at 15k per $4k and

17:55 PayPal Billpay Malfunctions

• Amex related 

• No real pattern 

• Refunds come back….I think

24:24 BofA +3% Gets Complicated

• Just after recording the PCPTech Cash load MCC we like switched

• Good news is PCPWork does count as 3x for office supplies. 

• Fortunately/Unfortunately this did/did not work for Office supply categories

• This means as the processor changes you need to be ready to change your category–can only do this once per month. 

• Makes sense to change to office supply now in anticipation of the +3, or even to just start your $50k spend now at 3%. The added bonus is going to come through either way. 

• Needs monitoring for changes in MCC #fluz-discussion is good for this.

• Once you change you can’t change back for a month, means we might be doing some ‘blended average’ spend at 3+3 and 1+3. Still a great way to get through GC Balance! 

30:03 What Cards Next?

• Time for Strata Premier (Citi re-entry after self shutdown)

• More US Bank? Altitude Reserve? More Leverage?

• BofA Alaska Business? Is that a distraction vs BofA Business Customized Cash?

• Double (instead of Triple dip) the Elite card? Still a $1000+ Win any time of year

37:44 Applied: Chase Ink with 40k referral / 75k SUB

• I did one of these just recently in March (Episode 221 has the discussion) 

• Did another today, wife now has 3 open

• P2->P1 referral resulted in a denial, I am over 5/24. Some people swear this doesn’t result in a denial, worth trying probably, as an approval seems to be a green light.

• This is a LOT of 5x capacity.  At 1.25 cent PYB  this is a $1400 per sign up, 

• about $500 a year in profit per card even with 3% fees