Am I Buying Points/Miles at 4 cents?
Sep 1, 2014, 11:21 pm
#16
Join Date: Aug 2010
Location: CLT
Programs: AA, UA, BA, Hilton Diamond, Marriott Gold, IHG Platinum
Posts: 2,074
Whatever level of spend you do on your Blue - why do you stop there? If you can't buy more GC, then I would say you're not buying SPG for 4cpp. If you can but lack sufficient liquidation methods, then yes, you're buying SPG for 4cpp. Bottom line, if liquidation isn't an issue, then the opportunity cost of putting $500 spend on SPG is your highest cashback on "everything else" card, which I assume is 2-2.2%.
Sep 2, 2014, 3:07 am
#17
Join Date: Jan 2014
Programs: SPG Platinum, Marriott LT Platinum, Hilton Diamond, Hyatt Globalist, AA Platinum Pro, AS MVP Gold
Posts: 215
I actually thought i was being smart when I bought $500 VISA with Old AMEX Blue card, and use the $500 VISA on daily non-bonus spend. Until I realized that i can easily liquidate the $500 VISA prepaid card so I can technically make $$ even faster.
So now I just put regular spending on Arrival / Club Carlson / SPG.
So now I just put regular spending on Arrival / Club Carlson / SPG.