Bank of America Free Museum Tickets 2016 Dates

bofa_musBank of America runs a program called Museums on Us which offers cardholders free admissions to 150 museums, science centers, and botanical gardens nationwide on the first full weekend of every month (Saturday and Sunday). Simply present any valid Bank of America® or Merrill Lynch® credit or debit card and photo ID for free admission.

Note: Each cardholder gets one free general admission, so be sure everyone with their own cards bring them. Hmm, I wonder if my 3-year-old can be added as an authorized user?

2016 Calendar Dates (Check specific museum for actual hours)

  • January 2nd, 3rd
  • February 6th, 7th
  • March 5th, 6th
  • April 2nd, 3rd
  • May 7th, 8th
  • June 4th, 5th
  • July 2nd, 3rd
  • August 6th, 7th
  • September 3rd, 4th
  • October 1st, 2nd
  • November 5th, 6th
  • December 3rd, 4th

Here is the full list (PDF) of participating locations. One of the available museums is the Thinkery in Austin, Texas. We recently visited there, and found it to be a fun and interactive children’s science center. The admission was $9 per person (23 month and under free). That means taking advantage of this offer would have saved us $18 (or $27 if the little one had a BofA card in theory). I’ve seen other museums on their list with $20 admission prices.

While I wouldn’t open a new bank or credit card account for this feature, it is a nice perk if you already have such accounts. Here are the Bank of America credit cards that offer competitive features that I have reviewed in the past. The Travel Rewards card is my current primary rewards card.

Museum Day: Free Tickets Nationwide On Saturday, March 12th 2016

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Museum Day Live! is usually an annual event hosted by Smithsonian magazine in which participating museums across the country open their doors to anyone presenting a Museum Day Ticket for free. This is in following the spirit of Smithsonian Museums, which offer free admission every day.

Registration is now live for a special additional day on Saturday, March 12, 2016. Must register by March 1st. Each registration to this “special edition” of Museum Day gets you one ticket good for two people at participating museums. One ticket per valid email address. You must pick the specific museum during the ticket request process, and then download a PDF to print out as your ticket.

There are some cool museums around us that now cost $25 for adults and $10 for children, so this can be a significant savings depending on the size of your family. (Two adults and two kids should register and print out two tickets. Kids can also get their own tickets.) Note: After poking around the site, it appears that the selection for this “special edition” is not as good as the official Museum Day. Still, free is free and your favorite museum may still be on there.

Don’t forget to add the event to your calendar! I’ve probably forgotten about this half the times that I’ve registered.

Also see: Bank of America’s Museums on Us Program.

Citi® Hilton HHonors™ Visa Signature® Card – 40,000 Bonus Points Promo

citihilton180emvThe Citi® Hilton HHonors™ Visa Signature® Card, from our partner Citi, is their no-annual fee co-branded card and comes with the following perks:

  • Earn 40,000 Hilton HHonors Bonus Points after making $1,000 in purchases within the first 4 months of account opening*
  • Earn 6 HHonors Bonus Points for each $1 spent at any participating hotel within the Hilton portfolio.*
  • Earn 3 HHonors Bonus Points for each $1 spent on purchases at supermarkets, drugstores and gas stations.*
  • Earn 2 HHonors Bonus Points for each $1 spent on all other purchases.*
  • Enjoy the benefits of HHonors Silver status as long as you are a cardmember*
  • No annual fee.*

This card is ideal for people who at least occasionally stay at Hilton hotels (as this card is also giving you a bunch of points and complimentary Silver status to try and get you to become more loyal). Hilton HHonors points are worth the most when redeemed for a hotel stay, as there aren’t really that many great cash-equivalent redemption options.

Silver Status perks include:

  • 15% bonus on all the HHonors Base Points you earn.
  • 5th night free on Standard Room Reward stays of 5 nights or more.
  • Complimentary in-room and lobby Standard Internet access during stays at Waldorf Astoria™ Hotels & Resorts, Conrad® Hotels & Resorts, Curio – A Collection by Hilton, Hilton Hotels & Resorts, DoubleTree by Hilton™, Canopy™ by Hilton, Embassy Suites Hotels™ and Hilton Grand Vacations™
  • Two complimentary bottles of water per stay (at Waldorf Astoria™ Hotels & Resorts, Conrad® Hotels & Resorts, Curio – A Collection by Hilton, Hilton Hotels & Resorts, DoubleTree by Hilton™, Embassy Suites Hotels™, Hilton Garden Inn™ and Hilton Grand Vacations™ hotels)

Hilton points redemption varies from month to month. You can use this search tool to see how much a hotel will cost in any specific area (i.e. Honolulu or Paris). Here are some example redemptions for the months of April, May, and June:

  • Honolulu, Hawaii. Hilton Waikiki Beach is 40,000 points. Hilton Hawaiian Village Waikiki Beach Resort is 50,000 points.
  • San Francisco, California. Hilton San Francisco Union Square is 50,000 points.
  • Orlando, Florida. DoubleTree by Hilton Hotel at the Entrance to Universal Orlando is 20,000 points.
  • New York City, NU. DoubleTree by Hilton Hotel New York – Times Square South is 70,000 points. Hilton Times Square is 80,000 points.

This Citi Hilton card is the version with no annual fee, the first year or any future year. If you have this card and are looking to sign-up again, please note this fine print:

Hilton HHonors Bonus Points offer not available if you have had a Citi Hilton HHonors Visa Signature Card account that was opened or closed in the past 18 months.

There is also another card called the Citi Hilton HHonors Reserve Card which has a $95 annual fee, but has better ongoing perks. I previously applied for the Reserve version and enjoyed nice stay in Hawaii with it, but I can understand that some people prefer no annual fee.

“Disclaimer: This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer’s Affiliate Program.”

BankAmericard Travel Rewards Credit Card: Redemption Tips for 2.625% Back

bofa_travelrewards191As previously mentioned, I have switched to using the BankAmericard Travel Rewards® Credit Card as my primary catch-all rewards cards. This is because if you give them enough assets to hold onto (admittedly not possible for everyone), you can receive 2.25% or 2.625% cash back against past travel-related purchases. Please see my Bank of America Travel Rewards credit card review for details on the card structure. As I’ve made a few points redemptions already, I wanted to share my tips and experiences with that. The good news is that the process is quite simple and I found it easy to use up all of your points to maximize value.

Account setup and eligiblity. I have both a Bank of America checking account and a Merrill Edge brokerage account. The checking account doesn’t have much money in it (it pays no interest) and technically isn’t necessarily at all, but I do keep $100,000 in assets in the Edge brokerage account in order to qualify for the highest tier of Preferred status, Platinum Honors. $50,000 in combined balances will get you the Platinum tier. Vanguard ETFs trade free at Vanguard, but Edge gives me commission-free trades a month on any stock or ETF (100/month Platinum Honors, 30/month Platinum). There are no account maintenance fees for Merrill Edge. Thus, it cost me nothing to switch to Edge besides having yet another account in my life (in fact, they paid me a sign-up bonus).

When logging into BofA, this bundling also offers the convenience of viewing my bank account balance, credit card charges, and Edge investment value all on the same screen. It also tracks which tier I am on their Preferred Rewards program (Gold, Platinum, or Platinum Honors), including my exact qualifying balance:

bofa_travel_redeem2

The official measurement is of your “3-month average combined balance”, so if you just transfer the bare minimum $100k over into an empty account, it may take a few months to reach the $100k level and officially qualify for Platinum Honors. Only after that will the 75% rewards bonus on credit card rewards kick in. (You may qualify for Gold and Platinum in the meantime.)

Earning rewards, bonus verification. Here is a screenshot taken from one of my monthly statements, which I have highlighted for clarity.

bofa_travel_redeem1b

I put $2,527.99 in purchases on my card during this statement cycle, so at 1.5 points per dollar that came out to 3,791 points. Since I am on the Platinum Honors tier, I received a 75% bonus of 2,846 points. (This appears to be off by a few points when compared to my calculator, but is very close.) Gold members would have received 25% bonus, Platinum members would have received a 50% bonus.

The total is 6,637 points, which will get me $66.37 of statement credit towards a previous travel-related charge (see below). The bonus points were calculated automatically without any additional legwork on my part.

Redemption process. Here are the rules:

  • 1.5 points for every $1 spent on all purchases. No limit to the points you can earn. Points do not expire.
  • Redeeming for Travel Credit offers the best value for your points. There are no restrictions or blackout dates. You can also get gift cards, but why bother?
  • Valid travel-related expenses include airfare, hotels, car rentals, baggage fees, and airline upgrades. (Possibly more depending on merchant categorization, for example inflight food counted for me.)
  • Minimum redemption is 2,500 points = $25 when redeemed for a Travel Credit.
  • A travel purchase is eligible to redeem for a Travel Credit up to 12 months from the date the purchase posts to your account.
  • Partial redemptions allow you to use all your points up. For example, if you have a $26.00 eligible purchase but you only have 2,500 points, you can use just those points and get $25 back. You don’t have to accrue more points to reach any specific purchase value.
  • The system will remember your partial redemptions, and allow you to apply future points redemption up the remaining balance of that purchase. So that big annual vacation bill? You can chip away at it with your rewards over a year.

You can perform all your redemptions online, no need to call anyone. Here is a screenshot of the rewards redemption website, which should provide a good idea of how it works. Click to enlarge.

bofa_travel_redeem3

(Side tip: If you are worried about cashing out all your points, simply adjust your redemptions to keep a minimum of 2,500 points in your account at all times. Then, if for some reason you want to close the card and do one final cashout (i.e. they announce upcoming changes for the worse), you can do so and use up every last point.)

Recap. I have shown that my real-world experience matches the promised rewards payout. $66.37 of reward divided by $2,527 in purchases is 2.625% back. I was able to get full reward value by offsetting a travel purchase from the last 12 months (airfare, hotel, and all those annoying airfare-related fees). The points arrived without hassle, and redemption was both easy and offered a high level of control.

I realize not everyone will have at least $50,000 of assets to move around, and so this is somewhat a restricted offer. But again it doesn’t have to be idle cash, it can be stocks or ETFs that you’re just holding elsewhere like TD Ameritrade or Vanguard. 2.625% back is a great rewards rate, assuming you charge enough travel-related stuff on the card every 12 months. For example, if you charged $1,000 a month, 2.625% back would be $315 a year. The card has no foreign transaction fees, so you can use it internationally as well.

Please see my Bank of America Travel Rewards credit card review for additional card details.

Marriott Rewards Premier Credit Card: 80,000 Bonus Points Review

Marriott Rewards® Premier Credit CardMost travel cards offer an ongoing sign-up bonus, but it’s even better when you snag them during a bump-up – this time it is the Marriott Rewards® Premier Credit Card from Chase. Check out the highlights below, and remember that it is free and takes just a minute to add an authorized user:

  • Earn 80,000 Bonus Points after you spend $3,000 on purchases in the first 3 months from account opening.
  • Plus, earn 7,500 bonus points when you add the first authorized user and make a purchase in the first 3 months from account opening.
  • Enjoy 1 Free Night Stay at a Category 1-5 location every year after your account anniversary date!
  • Earn unlimited Marriott Rewards points and get free stays faster
  • Earn 5 points for every $1 spent at 4,000 Marriott locations, 2 points for every $1 spent on airline tickets purchased directly with the airlines, at car rental agencies and restaurants and 1 point everywhere else.
  • The fastest way to earn Marriott Rewards points towards free nights
  • The fastest way to earn Marriott Rewards Elite Status.  Receive 15 Elite Credits guaranteeing Silver Elite Status or better.  Plus, Earn 1 Elite Credit for every $3,000 spent on purchases.
  • All for an $85 Annual Fee

We’ve started traveling again as a family, so I looked through Marriott’s redemption offerings. Marriott properties include Ritz-Carlton, Renaissance Hotels, Courtyard, Residence Inn, and Fairfield Inn & Suites. You can view their redemption chart here. Redeem 4 nights and get the 5th night free. Hotels on their PointSavers list have temporarily reduced redemption costs.

80,000 points is enough to get you a night at any Ritz Carlton Tier 5 hotel in the world. Or, 80,000 points can get you four nights at any Category 4 hotel. Or, it could get you eight nights at a Category 2 hotel. The free night award can be used for up to a Category 5 hotel. In the top right corner of the redemption chart link, you can view a comprehensive list of what hotels are in any specific category. Here are some options that caught my eye.

Ritz Carlton Tier 5 (Highest tier, 70,000 points a night)

Category 8 Hotels (40,000 points per night, 35,000 if Pointsaver)

Category 7 Hotels (35,000 points per night, 30,000 if Pointsaver)

Category 6 Hotels (30,000 points per night, 25,000 if Pointsaver)

Ritz Carlton Tier 1 (30,000 points per night, 20,000 if Pointsaver)

Category 4 Hotels (Eligible with Cat 1-5 Certificate or 20,000 points per night standard, 15,000 if Pointsaver)

  • Orlando: Courtyard Orlando Lake Buena Vista at Vista Centre
  • Orlando: Courtyard Orlando Airport
  • Orlando: Fairfield Inn Orlando Airport
  • Orlando: Fairfield Inn & Suites Orlando at SeaWorld®
  • Orlando: Fairfield Inn & Suites Orlando Lake Buena Vista in the Marriott Village
  • Orlando: Courtyard Orlando International Drive/Convention Center
  • Orlando: SpringHill Suites Orlando Airport
  • Orlando: Fairfield Inn & Suites Orlando International Drive/Convention Center

As always, hotel points are only good if you can use and enjoy them. Poke around their award listings – Marriott has a lot of different hotel brands to choose from. The Courtyards I’ve stayed in have been modernized and updated, while SpringHill Suites are nice for families. I’ve also gotten to stay at some terrific properties thanks to such point promotions, although I tend to value location and convenience over the bling factor.

If you’ve gotten a bonus from this Marriott Rewards® Premier Credit Card within the last 2 years, please note the following:

This 80,000 bonus point offer is available to you as long as you have not received a new cardmember bonus for this product in the past 24 months.

I was wrong initially as Marriott points are convertible to gift cards, but it takes 60,000 points to redeem for a $200 gift card for Marriott or retailers like Best Buy, Home Depot, or Nordstrom. That ratio isn’t all that great, you’ll definitely get the most value out of your points if you stay at Marriott hotels.

On your account anniversary, you’ll get a certificate for a free Category 1-5 night which you can weigh against another $85 annual fee. As long as you can use that certificate for a decent hotel, getting $85 value is certainly achievable. For example, a random night at the (Category 4) Courtyard Orlando Lake Buena Vista at Vista Centre was $115 when including taxes.

Marriott Premier Banner 80K

“Disclaimer: This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer’s Affiliate Program.”

“The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.”

Plastiq: Pay Tuition, Rent, or Taxes With Credit Card or Debit Card

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Updated. Plastiq just upped their fee for debit card payments to 1%. Previously, there was no fee at all. Just a heads up for those people with plans for future payments. If you have a payment originally scheduled under the 0% fee structure, according to Plastiq you’re still okay as long as you don’t edit them. I’d double-check. Here is the text of the e-mail:

As you may know, at Plastiq we’re always working on ways to offer the very best service at the lowest possible price. Last year this commitment led us to offer a promotional debit card fee rate of 0%. This will be ending effective today, February 9th, at 5pm PT. However, due to the overwhelmingly positive response to reduced debit fees, we’re excited to offer an on-going reduced rate of 1% for personal debit card payments (rather than the standard 2.5%).

Original post:

Plastiq.com lets you pay bills and invoices with a credit or debit card, even if they don’t usually accept them. The service fee is 2.5% for credit cards and 1% for Visa and MasterCard debit cards. However, they run limited-time promotion with lower fees. They will charge your card and send out a paper check to the payee (direct bank transfers to a few), so you’d want to plan ahead for any snail mail delays. They recommend 10 business days to be safe. More ideas from their site:

  • Rent or Mortgage
  • Homeowners Association (HOA) dues
  • Tuition
  • Childcare costs
  • Buying a car, RV, or ATV
  • Income or business taxes

(EXPIRED) The last promotion ran until November 30th, 2015 and lets you make payments with a 1.5% fee for one-time, immediate MasterCard payments.. Here is their blog announcement. No minimum amount required. Does not apply to recurring payments. No special promotional code or sign up required.

Selected fine print:

Thanksgiving is just around the corner, but why wait until then to show how thankful we are that you’ve signed up with Plastiq? To make the holiday even sweeter, we’re excited to share that today is the start of a special promotion. Get a 1.5% rate for all one-time, immediate MasterCard payments to any business! […] This promotion will expire on November 30, 2015 at 5 p.m. PT.

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Why would I want to pay a 1.5% service fee?

Sign-up bonus spending requirements. Sign-up bonuses often having spending requirements. For example, you might get a $500 value bonus but need to spend $5,000. Well, that’s effectively 10% back so if you need a little help to get over that hurdle, it’s okay to pay a 1.5% fee. Here are some recent cards with big $500 value bonuses but also spending requirements:

2% cash back credit cards, or similar. If you have a rewards credit card that offers 2% cash back (or equivalent value in points), then you can still make a slight profit by putting them on your credit card. A current example is the Citi Double Cash Card. For example, if you have a tuition bill or tax bill of $5,000 and you earned 2% cash back while paying a 1.5% fee, your net 0.5% is $25.

Combine a rewards card + 0% APR on purchases. Many credit cards offer 0% APR on purchases for an introductory period of 12 months or longer. If the card also has a half-decent rewards program on purchases, the combination of purchase rewards and spreading out the payments over a year at no interest could be attractive.

Consumers Credit Union Free Rewards Checking Review – New Rate Tiers

ccu_logo_200Consumers Credit Union (CCU) has a Free Rewards Checking account that offers a high interest rate between 3.09% and 4.59% APY if you meet certain requirements. As with similar accounts elsewhere, the catch is if you don’t jump through all of the hoops, you effectively won’t earn any interest at all that month (0.01% APY). As of February 1st, 2016, their rates, balance tiers, and requirements were changed. Let’s take a closer look at the new structure.

Membership
To open a Rewards Checking account, you must be a member. However, CCU has a very open membership policy; basically anyone nationwide can join if they do the following:

  • Join the Consumers Cooperative Association with a one-time $5 fee.
  • Open and maintain a share savings account with a minimum $5 deposit.

Earn 3.09% APY on up to $10,000 + ATM Fee Refunds if you:

  • Complete at least 12 Debit/Check Card point-of-sale purchases (transactions must be made without using your personal identification number [PIN] to count toward the minimum of 12 and must post and clear your account on or before the last day of the calendar month). In stores, select to run it as a “credit” purchase.
  • At least one of the following transactions must post and clear on or before the last day of the calendar month: direct deposit OR ACH debit OR electronic bill payment via CCU’s Free Online Bill Pay.
  • Access Online or Mobile Banking at least once each calendar month
  • Receive e-Documents (enroll and accept the disclosure)

Earn 3.59% APY on up to $15,000 + ATM Fee Refunds if you:

  • Complete all of the 3.09% Tier requirements above, plus
  • $500 or more in CCU VISA Credit Card purchase transactions

Earn 4.59% APY on up to $20,000 + ATM Fee Refunds if you:

  • Complete all of the 3.09% Tier requirements above, plus
  • $1,000 or more in CCU VISA Credit Card purchase transactions

A nice feature is that their online interface has a progress tracker, updated daily, telling you number of debit card transaction and the total spend on your CCU credit card.

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Tracking is also available via their smartphone app (Apple/Android):

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All tiers will also receive:

  • No minimum balance. No monthly service fees.
  • Free online Bill Pay.
  • Mobile check deposit via smartphone app.

Excess Balances
Note that each tier has it’s own specific APY and balance limitations. Here is a table that shows the APY if you exceed the high-interest balance limits.

ccu_excess

Qualifying Credit Cards
If you don’t have a CCU credit card, the best you can do is the 3.09% APY tier. Here is a list of their credit cards. It looks like the best one is their Visa Signature Cash Rebate Card, which offers a 3% cash rebate on up to $6,000 in “Grocery/Convenience Store” purchases annually, 2% cash rebate for “Gas” purchases, and 1% cash rebate for all other purchases. No annual fee.

Cost/Benefit Analysis
As a benchmark, I choose a “no hassle” high-yield savings account which would roughly yield 1% APY. You could also use a certificate of deposit, but a rewards checking account is liquid with no early withdrawal penalties.

  • $10,000 times 3.09% APY would be $309 per year, or $25.75 per month in interest. $10,000 times 1.00% APY would be $100 per year, or $8.33 per month in interest.
  • $15,000 times 3.59% APY would be $538.50 per year, or $44.88 per month in interest. $15,000 times 1.00% APY would be $200 per year, or $16.67 per month in interest.
  • $20,000 times 4.59% APY would be $918 per year, or $76.50 per month in interest. $20,000 times 1.00% APY would be $300 per year, or $25 per month in interest.

The 3.09% APY tier would be an increase of $17.42 per month over 1% APY, in exchange for tracking 12 debit card purchases a month. If you keep those debit purchases small, then you’d come out ahead by about $200 per year.

The 3.59% APY tier would be an increase of $28.21 per month over 1% APY, in exchange for tracking 12 debit card purchases a month plus $500 in credit card purchases. Let’s say you could earn 2% cash back on credit card purchases elsewhere, but only 1% on a CCU credit card. That is a loss of $5 in (non-taxable) rewards per month, for a net increase of $23.21 per month ($278 per year).

The 4.59% APY tier would be an increase of $51.50 per month over 1% APY, in exchange for tracking 12 debit card purchases a month plus $1,000 in credit card purchases. Let’s say you could earn 2% cash back on credit card purchases elsewhere, but only 1% on a CCU credit card. That is a loss of $10 in (non-taxable) rewards per month, for a net increase of $41.50 per month ($498 per year).

To qualify for the 3.59% APY and 4.59% APY tiers, you’d also have to apply for a new credit card, which would entail a credit check. There is an opportunity cost here, as there are other new credit cards that offer $400 or $500 in sign-up incentives within a few months. You can apply for multiple new credit cards, but once you reach a certain number it will hurt your chances for getting the next one.

My thoughts. These types of checking accounts are not for everyone. Not only do you have to jump through hoops each month to get a reward (higher interest than no-hassle account), if you don’t you’ll actually get punished in a way (lower interest than a no-hassle account). Try to create a reliable system where you satisfy the requirements early on in the month, for example putting some automatic insurance, phone, or utility bills on the credit card. My favorite feature is their qualification tracking; I wish all rewards checking accounts had this feature.

To justify the opportunity cost of getting a new credit card, you should definitely try to reach the 4.59% APY tier. The changes have made the middle 3.59% APY tier much less attractive than before. Otherwise, the debit card-only 3.09% APY tier isn’t bad for more modest balances. Keep in mind that there is no longer any guarantee on how long these rates will last. The positive spin would be that CCU has been running a rewards checking account now for well over 5 years, so hopefully they have crunched the numbers and set the rates at sustainable levels.

Google Cloud Storage Promotion: Extra 2 GB Free w/ Security Checkup

February 9th is “Safer Internet Day”. To help celebrate, Google will add 2 GB of free Drive storage to your Google account if you complete their Security Checkup. By default, free users get 15 GB to share across Gmail, Google Drive, and Google Photos.

The Security Checkup tool is a handy feature that Google users should be running anyway. It makes sure you have covered the following bases: update recovery options in case you forget your password, verify which devices are currently connected to your account, manage access for less secure apps, and verify permissions with connected 3rd party apps and websites.

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You should instantly see an increase in your Google storage limit. Two birds, one stone!

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NFL Extra Points Credit Card Review: Super Bowl Ticket Redemption Details

NFL Extra Points Card Image

The NFL Extra Points Credit Card issued by Barclaycard is the only credit card officially co-branded with the National Football League. They are savvy too – the very first thing you do on the application is pick your team, so it can show you a credit card plastered with your favorite logo on it (not the generic one shown to the right). It is certainly a conversation starter; all 32 team logos are available.

Now, there are plenty of “affinity” cards out there that let people show off their university alumni status, preferred charity, or favorite sports team, but most of them have rather vanilla rewards. In contrast, this NFL-sponsored card offers some unique rewards that you can’t find elsewhere. A lot of people dream about going to the Super Bowl. Since it is coming up, I thought I’d take a closer look at using credit cards points to get you there. First, the card highlights:

  • Earn 10,000 bonus points after making $500 in purchases over the first 90 days. That’s enough to redeem for a $100 cash back statement credit, or see below for more redemption options.
  • Earn 2 points per dollar spent on NFL and DirecTV® purchases. “NFL purchase transactions are Purchases made at NFLShop.com, participating NFL team retail and online stores and NFL Team stadiums. DirecTV® purchase transactions are Purchases made directly with DirecT®.”
  • Earn 1 point per dollar spent on all other purchases.
  • 20% off at NFLShop.com.
  • 0% Intro APR for 15 months on balance transfers made within 45 days of account opening. After that, a variable APR, currently 15.24%, 20.24% or 25.24%, based on your creditworthiness. 3% balance transfer fee, $5 minimum.
  • No annual fee.

In terms of cash back rewards, those start at 2,500 points for a $25 statement credit. Considering you only get 2X points on NFL and DirecTV purchases and 1 point per dollar on all other purchases, there are better cash back cards out there. But are the exclusive NFL perks a good deal?

Selected list of exclusive NFL experiences. Sure, you can redeem for a wall poster or t-shirt, but these are examples of the more unique options:

  • 10,000 Points: 2 Tickets to an NFL PreSeason Game
  • 25,000 Points: 2 Tickets to an NFL Regular Season Game
  • 25,000 to 50,000: Official NFL Mascot appearance at your event or party.
  • 100,000 Points: Round of Golf with an NFL Player
  • 160,000 Points: 2 NFL Super Bowl Tickets (Upper Level)
  • 200,000 Points: 2 NFL Super Bowl Tickets (Mid Level)
  • 250,000 Points: 2 NFL Super Bowl Tickets (Lower Level)

There are also Draft VIP parties, Training Camp experiences, Stadium Tours, or having your personal message appear on your team’s scoreboard. The specific redemption amounts vary by team.

Super Bowl Ticket value? You may or may not know this, but the only way for the general public to even have the option of buying Super Bowl tickets at face value ($500 each) is by lottery. To enter this random drawing, you must send a ticket request via certified or registered mail, between Feb. 1 and June 1 of the year preceding the game in question. Those selected in the random drawing will have the opportunity to purchase two tickets.

Super Bowl Random Drawing
P.O. Box 49140
Strongsville, OH 44149-0140

If you’re not one those lucky few, you’re stuck on the secondary market. Check out this FiveThirtyEight article on the crazy markups. According to ESPN, the day after the conference championship games last year, StubHub’s average Super Bowl sale was $3,042. This year? $5,461. Here’s another price chart from BusinessInsider and SeatGeek:

superbowl16

Let’s say a reasonable estimate is $3,000 per ticket. For 160,000 points, you get two tickets. That makes it $6,000 value divided by 160k points = 3.75%. That’s a whole lot better than 1% cash back. Of course, you’d still have to figure out how to eventually charge $160,000 on your credit card, but some frequent business travelers, small business owners and/or wholesale buyers may have it within reach. Otherwise, just 10,000 points will get you two tickets to a pre-season game, and 25,000 will get you two regular season tickets (available up to a week before game day, usually the specific stadium section number is shown ahead of time).

Got Annoying Monthly Subscriptions? Let Trim Cancel Them For You

trim_nologo2You’ve heard the financial media (and me) talk about the importance of automated savings. Things like recurring 401(k) contributions that don’t require flexing your willpower. Well, the other side of the coin is automated spending. Companies love love love it when you buy their stuff on auto-pilot.

A new start-up called Trim helps you identify your recurring charges automatically and cancel the unwanted ones for you, for free. That sounded like a great idea. You’ll have to provide them the login credentials to your credit card or bank account, or you can snail mail them your statements. (I’d say yes to credit card before bank account.) This is going to sound like a humblebrag, but I wanted to test the service out but don’t have any services that I want canceled. Instead, I had a quick e-mail exchange with Trim CEO, Thomas Smyth:

Me: Trim sounds very interesting. Instead of a phone call, do you mind me asking just how exactly do you cancel the service on behalf of customers? I can understand the algorithmic finding of recurring charges, but wouldn’t you need some detailed personal information in order to perform the cancellation? If so, what type of info would you ask people for?

Thomas Smyth, Trim CEO: Absolutely – it just depends on the biller. For some, like Hulu, we simply send a form email that has the user’s account info (email, name) and the most recent charge on the credit card. For others, like credit reports or gyms, we’ll ask the user for more info, like DOB and account number.

We never ask for confidential info like SSN or full credit card numbers — those are NOT safe to send via text message. Sometimes we do run into billers that require this info — for example, LifeLock. In those situations we can’t cancel it for you (sorry!) but we do send you detailed info on how to cancel it yourself.

So they will try, but it won’t work for every biller. In those cases, hopefully them pointing out your wasteful ways will nudge you towards action. The good news is that the NY Times profiled Trim recently and found it to work pretty well. They even broke down the recurring subscriptions with the highest overall cancellation rates by Trim. Here are just the top 10:

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You could read this as the most overlooked services, or the hardest to cancel, or a combination. People tended to want to get rid of their credit monitoring services, gym membership, and Gogo Air the most. The vast majority of people kept their Netflix and Spotify. The New York Times itself gets canceled 10% of the time it is found, so I suppose it is rather brave of them to even point this service out!

Amazingly, they don’t have an app! Trim has an online web interface, but the original service works simply over text messages.

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Free identification and cancellation services are nice. But canceling will always be harder than signing up, so I try to avoid them in the first place. Automate your savings, not your spending.

Related: SubscriptMe is an app that identifies recurring subscriptions by scanning your phone. There are also haggling services like Bill Fixers which charge a finder’s fee based on how much money they save on your behalf.

Citi ThankYou Premier Card Review – 40,000 Bonus Points

Citi ThankYou Premier Card ArtThe Citi Prestige card still has a different 50k offer.

The Citi ThankYou® Premier Card has re-launched from our partner Citi, with a new sign-up bonus and purchase rewards structure. Get 40,000 bonus ThankYou Points as follows:

  • Earn 40,000 bonus ThankYou Points after $3,000 in purchases within the first 3 months of account opening.
  • First year annual fee waived, $95 after that.
  • No foreign transaction fee on purchases.
  • Chip Technology included for improved acceptance while traveling.
  • No limits on earning points or expiration dates.

What can you do with 40,000 ThankYou Points? Citi has been trying to improve the value and flexibility of ThankYou points, so here is a rundown of what you can do with 40,000 of them. Bonus ThankYou Points not available if you have had a Citi ThankYou Premier card opened or closed in the past 18 months.

$500 in Airfare (ThankYou Travel Center)

With the new Citi Premier card, you get a 20% discount on the standard number of points needed for a travel redemption. The reverse math means 1 TY point = 1.25 cents towards travel. Note that this 25% bonus applies all of your points from all Citi cards linked to the same ThankYou account, thus boosting the value of all your other points. (Compare with the Citi Prestige card, which has 33% bonus amongst and other additional features, but also a higher annual fee.)

For example, with my non-Premier card, I found that a flight that cost $360 including taxes and fees on Expedia would cost 36,000 TY points from Citi Travel. But with the Citi Premier, it would only cost 28,800 TY points. ThankYou Travel Center screenshot:

ThankYou Travel Center screenshot:

ty1

Expedia.com screenshot:

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So 40,000 TY points will indeed get you $500 in airfare, with the Citi Travel Center having the same price as compared to Expedia, Orbitz, etc. Since you can book any flight that can be found on Expedia, there are “no blackout dates”.

Don’t have enough points to cover an entire airfare? That’s okay. Let’s say you found a ticket that want for $200 = 16,000 points, but only have 10,000 points available. Citi now lets you pay the difference, so in this case you can get your $200 ticket for 10,000 points and $75. This makes it much easier to use up all of your points at a 25% premium.

$400 in Gift Cards, $400 Check Towards Student Loan / Mortgage

You can view your redemption options at ThankYou.com. I took a quick look and it takes 10,000 ThankYou (TY) points to redeem for a $100 gift card to retailers like Gap, Banana Republic, Barnes & Noble, Bath and Body Works, Bed Bath & Beyond, Cabelas, CVS Pharmacy, Kohl’s, Land’s End, LL Bean, Sears, Lowe’s, Home Depot, Staples, and Walmart. So with 50,000 TY points, you could get five $100 gift cards from different stores.

Want something closer to cash? For a check mailed to you, it is 8,000 points for $50 (1 points = 0.625 cent). The best deal is a check mailed towards your mortgage payment or student loan (made out to your lender), which is 7,500 points for $75 (1 points = 1 cent).

New Airline Transfer Options

Citi ThankYou points are also now available to transfer to certain airline mileage programs on a 1:1 basis including Cathay Pacific, EVA Air, Etihad, Flying Blue by Air France and KLM, Singapore Airlines, and Thai Airways. For example, 40,000 TY points can get you 40,000 Singapore Airlines KrisFlyer miles.

New Rewards Structure

The Citi ThankYou Premier now earns:

  • 3 ThankYou Points for every $1 spent travel including gas, airfare, and hotels.
  • 2 ThankYou Points for every $1 spent dining out and entertainment.
  • 1 ThankYou Point per $1 spent on other purchases.

Triple (3X) points on airfare and hotels, when combined with the 25% travel premium, makes that equivalent to a 3.75% reward towards travel booked through Citi Travel Center. Double (2X) on restaurants (includes bars and fast food) and entertainment makes that 2.5% towards travel booked through Citi Travel Center.

With the improvements in ThankYou point redemption, increased sign-up bonus, and new rewards structure, everything looks to be a little bit better than before. The current sign-up 40k sign-up bonus with no annual fee the first year is attractive. However, a cardholder would need a fair amount of spending in the bonus categories (gas, airfare, hotels, dining out) in order to offset the $95 annual after the first year where they waive it.

  • Citi ThankYou Premier Application Page

“Disclaimer: This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer’s Affiliate Program.”

TurboTax Discounts with State Farm Bank Account

ttpremier180State Farm is offering significant TurboTax discounts, but only for select bank and mutual fund customers. The promotional prices for 2015 are: TurboTax Federal Deluxe Online free, Premier $20, and Home & Business $30. A free state return is also included with free e-File for all online versions. Details:

  • You must have at least one State Farm Bank or Mutual Fund account linked to your StateFarm.com online profile. This includes checking, savings, IRA, and credit card accounts. However, if you only have insurance with them, you will NOT get this discount.
  • You must register through this promotion link.
  • Offer limited to the first 25,000 qualified customers who register through State Farm to use TurboTax Online. I don’t recall how fast this ran out, but last year I believe it did run out before April 15th.

Some history… According to my notes, from 2006-2009 State Farm offered TurboTax Deluxe for free to all customers including insurance policyholders. In 2010 or 2011, they started restricting it only to bank and credit card customers.

The easiest way to gain access to this promotion is their regular “Checking” bank account with requires a $25 minimum initial deposit and no minimum balance fee. You must link your bank account number to your online State Farm profile, after which the website will recognize you as a State Farm Bank customer and you’ll be given access to the offer. Here is what you should see:

sf_tt2015

Reminder: TurboTax only charges you when you finally file your return. To guarantee that you’ll get this discount, you’ll have to access TurboTax via this StateFarm.com link and not TurboTax.com. Some people choose to “lock in” the pricing by registering and paying before actually finishing your return, but I’d only try this if you’re just using the free Deluxe (unless you are 100% sure you’ll use this software).

State Farm® customers can save on TurboTax 2015 by taking advantage of special offers. To receive your special TurboTax offer, you must access and complete your return through the link below. If you access your return directly from Intuit’s site, special offers will not be applied.