One Mile at a Time [OMaaT] discussions [merged]
#616
FlyerTalk Evangelist
Join Date: Apr 2000
Location: FLL -> Where The Boyars Are
Programs: AA EXP 1.7 M, Hilton Gold, Hertz 5*, AARP Sophomore, 14-time Croix de Candlestick
Posts: 18,669
As far as the comments go, they are obviously right. If you read Lucky's trip reports, you'll know that he rarely eats local food at local places for example which is a shame. In that department, guys like Wandering Aramean or Gary add far more to a trip report for a guy like me...
I was an interested reader at first, but the glaring lack of intellectual curiosity, combined with the lack of disclosure of accepting free travel arrangements (a big no-no to me) turned me into a former reader.
#618
Join Date: Feb 2009
Posts: 3,737
You are saying this over a RS article, Youtube feature, and TV spot in Australia? I mean... these bloggers have been going on the news networks for a while and Nightline... The only difference is that they didn't say the people who run the airlines are idiots.
#619
Used to be 'Scooter'
Join Date: Mar 1999
Location: SAN
Programs: Free Agent
Posts: 398
The rules will change, and we will change with them. It's a never ending cycle.
#620
Join Date: Dec 2004
Programs: UA-1K, MM, Hilton-Diamond, Marriott-Titanium
Posts: 4,432
I think the CC companies are getting stricter and the gravy train is for a fact ending in a few forms such as once in a lifetime rewards being imposed. So I think the Hobby is under going a paradigm shift and it is dying but it will be a slow death, not a fatal heart attack.
#621
Join Date: Dec 2003
Location: Brooklyn, NY, United States
Programs: AA, BA, UA, Spirit, Delta, PC Plat, SPG Gold, HHonors Diamond, Club Carlson Gold, Marriott Gold
Posts: 1,735
And what was the exposure of the "Hobby" in 1998? It was a much much smaller % of people doing it. Hell, when I started CC churning in 1998 it actually did not have a name. FT was there and that was about it. Back then there were not blogs and the cc pimping that we see today and as a result there are many many more people with eyes on the "Hobby" currently. Deals have died after the exposure and deals tend to go away faster then in the past.
I think the CC companies are getting stricter and the gravy train is for a fact ending in a few forms such as once in a lifetime rewards being imposed. So I think the Hobby is under going a paradigm shift and it is dying but it will be a slow death, not a fatal heart attack.
I think the CC companies are getting stricter and the gravy train is for a fact ending in a few forms such as once in a lifetime rewards being imposed. So I think the Hobby is under going a paradigm shift and it is dying but it will be a slow death, not a fatal heart attack.
That's one reason why churning didn't have a name.
#622
Join Date: Feb 2009
Posts: 3,737
1) While credit card churning has been around for a while several prominent travel bloggers have gained very large audiences. Once they began to detail how to churn cards and published the reconsideration numbers with a script it wasn't too long after that CC companies started to clamp down. I would say one of the biggest reasons people did not get into the churning game was due to having to read so much in the forums and lack of knowledge on how to meet minimum spend which bloggers changed very quickly around 2010.
2) Hidden city ticketing and throwaway ticketing have gotten a lot more exposure from blogs. No longer does the average Joe have to read pages of comments on FT and try and decipher code words and acronyms.
3) Manufactured spending really took off in '09/10 with dollar coins, rebate portals, and amazon payments. While several forums covered these methods they didn't receive full exposure until the hit the blogs. Before there were wikis you had to go to a blog to obtain the spoon fed version.
4) Correct me if I'm wrong here but there were only a select few non-bloggers that bragged to the media about the MS deals?
5) This is only a guess but I am not sure of the "backroom" discussions that are being made at things like the Freddy awards and what not. Now these "hobbyists" are being consulted by travel companies. Not only that, some of the bloggers have direct financial relationships with these companies.
So while I wasn't around in 98 I can say that bloggers have a much larger influence of the direction of the hobby. They want to be TV personalities and have higher aspirations. I have no idea if that is a good or bad thing for those of us who do this as a hobby.
Someone pointed out that Ben may soon get burned out. Maybe he's looking to transition into something different and this is just a foreshadow of what is to come?
#623
Join Date: Dec 2004
Programs: UA-1K, MM, Hilton-Diamond, Marriott-Titanium
Posts: 4,432
The best was the Chase offer in 2004 in which for every $1 in a heloc you would get 1/2 a UA mile. I refinanced 400K and got 200K UA points for a grand total of $53.00 (which was the interest for one day as I wired it back the funds the day after it hit my bank account) and Chase paid all the closing costs. I don't think that would be possible today.
Last edited by cruisr; Jul 23, 2015 at 3:49 pm
#624
Join Date: Feb 2009
Posts: 3,737
It actually was pretty good. Id be getting 10K-15K UA or CO points and the redemption rates were much lower so as a % of a ticket redemption it was probably as it is now. Also, Chase use to give miles for balance transfers. Can you imagine that today? It was funny after I was doing it a while I wouldn't bother unless I would get 25K miles.
The best was the Chase offer in 2004 in which for every $1 in a home loan refi you would get 1/2 a UA mile. I refinanced 400K and got 200K UA points for a grand total of $53.00 (which was the interest for one day as I wired it back the funds the day after it hit my bank account) and Chase paid all the closing costs. I don't think that would be possible today.
The best was the Chase offer in 2004 in which for every $1 in a home loan refi you would get 1/2 a UA mile. I refinanced 400K and got 200K UA points for a grand total of $53.00 (which was the interest for one day as I wired it back the funds the day after it hit my bank account) and Chase paid all the closing costs. I don't think that would be possible today.
#625
Moderator: Southwest Airlines, Capital One
Join Date: Sep 1999
Location: California
Programs: WN Companion Pass, A-list preferred, Hyatt Globalist; United Club Lietime (sic) Member
Posts: 21,622
The best was the Chase offer in 2004 in which for every $1 in a home loan refi you would get 1/2 a UA mile. I refinanced 400K and got 200K UA points for a grand total of $53.00 (which was the interest for one day as I wired it back the funds the day after it hit my bank account) and Chase paid all the closing costs. I don't think that would be possible today.
#627
Join Date: May 2006
Location: SAN
Programs: Lots of faux metal
Posts: 6,424
Right but there is also a huge difference in the amount of exposure from these bloggers in the past 5 years. Examples:
1) While credit card churning has been around for a while several prominent travel bloggers have gained very large audiences. Once they began to detail how to churn cards and published the reconsideration numbers with a script it wasn't too long after that CC companies started to clamp down. I would say one of the biggest reasons people did not get into the churning game was due to having to read so much in the forums and lack of knowledge on how to meet minimum spend which bloggers changed very quickly around 2010.
1) While credit card churning has been around for a while several prominent travel bloggers have gained very large audiences. Once they began to detail how to churn cards and published the reconsideration numbers with a script it wasn't too long after that CC companies started to clamp down. I would say one of the biggest reasons people did not get into the churning game was due to having to read so much in the forums and lack of knowledge on how to meet minimum spend which bloggers changed very quickly around 2010.
I still can't believe Citi allowed multiple cards under that promo.
#629
Join Date: Feb 2009
Posts: 3,737
#630
Suspended
Join Date: Jan 2013
Location: Barcelona
Posts: 3,317
To me - this is my major issue with Ben. It's sad really...deeply sad.