Get "UNLIMITED" AA miles for less than $0.01 per mile
Apr 25, 2004, 7:28 am
#136
Join Date: Dec 2002
Location: YOW
Posts: 150
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Last edited by wrightbrother; Apr 25, 2004 at 8:08 am Reason: never mind
Apr 25, 2004, 8:43 am
#137
Join Date: Jan 2000
Posts: 3,208
I stopped reading this thread after the first day...another example of why it is important to keep reading the threads 
reserve america? I've through this thread twice, and didn't see any other mention of it...
also, is it safe to assume that the ebay "mutual auctions" are a dead option, or do you think getting one ~$5K off is still possible? Also, is there any particular reason why folks are using a cap of $5K on the anythingpoints auctions?
thanks
Originally Posted by hindukid
You guys are not making nearly enough money. Try this:
10K anything points=52,941 reserve america
52,941 reserve america=12,312 AA miles
12,312 AA miles doubled +25% bonus= 24,624+3078=27,002 miles
If everything I say is correct, I just reduced cost by over 60%. I knew that my business professors in college didn't appreciate me enough.
10K anything points=52,941 reserve america
52,941 reserve america=12,312 AA miles
12,312 AA miles doubled +25% bonus= 24,624+3078=27,002 miles
If everything I say is correct, I just reduced cost by over 60%. I knew that my business professors in college didn't appreciate me enough.
also, is it safe to assume that the ebay "mutual auctions" are a dead option, or do you think getting one ~$5K off is still possible? Also, is there any particular reason why folks are using a cap of $5K on the anythingpoints auctions?
thanks
Apr 25, 2004, 9:14 am
#138
Join Date: Jul 2001
Location: Chicago
Posts: 2,682
Just an update. I have played around with points.com for the last two hours and realized that they are taking a large cut of every transaction. Therefore the more conversions you make the worse off you are. Also every other trade from reserveamerica results in squat. ie. reserve america points are worthless except for the trade to AA. I am convinced that there is an error in the conversion rate and that is why results come out so good when trading via reserve america. I just can't see gettting so much AA for reserveamerica points that have such little value elsewhere. Even on reserverewards.com 75,000 reserve points gets you a lousy $25 gift card. yet the same 75K gets you 17,442 advantage miles plus a 125% bonus. Just can't be right. My guess is that nobody has even heard of reserve america and this trade has not been exploited, so the powers that be are unaware.
Also a reserveamerica account requires ordering their credit card. You have to call so I don't know about annual fees. I don't have anything other than the 2100 ebay points, so I'm not sure that I want to be the guinea pig. I would however like to launder all my US miles at about 1.39 AA miles per US mile. It's actually a great chance to launder all kinds of FF miles from other programs either straight to reserve america or ebay than reserve america. US requires having the dividend miles visa though, so that is another task. If anybody follows up on a reserve america account, please post the results.
Also a reserveamerica account requires ordering their credit card. You have to call so I don't know about annual fees. I don't have anything other than the 2100 ebay points, so I'm not sure that I want to be the guinea pig. I would however like to launder all my US miles at about 1.39 AA miles per US mile. It's actually a great chance to launder all kinds of FF miles from other programs either straight to reserve america or ebay than reserve america. US requires having the dividend miles visa though, so that is another task. If anybody follows up on a reserve america account, please post the results.
Apr 25, 2004, 9:41 am
#139
Suspended
Join Date: Jul 2002
Location: Los Angeles, CA
Programs: United Premier, American Airlines
Posts: 896
I did my 1,400 point ebay to AA transfer yesterday on Points.com using my PointsPlus account and using my Ancenstry points. I'm hoping the AA double bonus posts for this one.
I'm still waiting for my 5,000 points for ShareBuilder ($5 transaction completed on Tuesday). Anyone got their 5,000 points for this one yet?
To someone who just asked how you pay ShareBuilder. I paid by electronic funds transfer from my checking account. There's a place on their website to enter your account number and bank routing code. No additional fees. I trust ShareBuilder on this, as I don't expect them to start looting my checking account. If they start stealing from bank accounts, the SEC/NASD would close them down quick. I don't expect that.
I'm still waiting for my 5,000 points for ShareBuilder ($5 transaction completed on Tuesday). Anyone got their 5,000 points for this one yet?
To someone who just asked how you pay ShareBuilder. I paid by electronic funds transfer from my checking account. There's a place on their website to enter your account number and bank routing code. No additional fees. I trust ShareBuilder on this, as I don't expect them to start looting my checking account. If they start stealing from bank accounts, the SEC/NASD would close them down quick. I don't expect that.
Apr 25, 2004, 11:15 am
#140
Join Date: Aug 2001
Location: Paris, France
Programs: IHG, CC, HH, AF, AA, UA
Posts: 830
IRA/ESA fee ?
I've been looking at the Sharebuilder deal and saw a mention of a $25/$15 per year IRA/ESA fee (payable in July).
Am I right in thinking that these fees won't apply to a Basic Individual account ?
Am I right in thinking that these fees won't apply to a Basic Individual account ?
Apr 25, 2004, 11:27 am
#141
FlyerTalk Evangelist
Join Date: Jan 2001
Location: NYC
Programs: AA EXP / LT PLT / 3MM, Marriott LT Gold
Posts: 35,389
... is ReserveAmerica?
Some of these conversion ratios make absolutely no sense.
50,000 eBay Anything Points -----> 264,705 ReserveAmerica
264,705 Reserve America -----> 119,117 eBay Anything Points
Hard to believe they would allow you to do this all day! Since I have no idea what ReserveAmerica is (the website seems to indicate that it's a service for making campsite reservations at campgrounds), I'm not sure I want to take a chance.
50,000 eBay Anything Points -----> 264,705 ReserveAmerica
264,705 Reserve America -----> 119,117 eBay Anything Points
Hard to believe they would allow you to do this all day! Since I have no idea what ReserveAmerica is (the website seems to indicate that it's a service for making campsite reservations at campgrounds), I'm not sure I want to take a chance.
Apr 25, 2004, 11:29 am
#142
Join Date: Apr 2001
Location: Austin
Programs: AA P4L, WN, BA, DL, UA, HHonors, IHG
Posts: 3,485
The eBay Anything Points site now shows only one partner...the eBay credit card. Were Ancestry, Sharebuilder, etc. removed?
Apr 25, 2004, 11:40 am
#143
FlyerTalk Evangelist
Join Date: Jan 2001
Location: NYC
Programs: AA EXP / LT PLT / 3MM, Marriott LT Gold
Posts: 35,389
Apr 25, 2004, 11:51 am
#144
Join Date: Apr 2001
Location: Austin
Programs: AA P4L, WN, BA, DL, UA, HHonors, IHG
Posts: 3,485
Originally Posted by vasantn
Apr 25, 2004, 12:19 pm
#145
Join Date: Jan 2004
Location: BiCoastal USA
Programs: AA 2.88 MM-EXPlat, HHDiamond, SPG & Marriott Silver
Posts: 316
problem trying to launder thru Reserve America
Originally Posted by vasantn
Some of these conversion ratios make absolutely no sense.
50,000 eBay Anything Points -----> 264,705 ReserveAmerica
264,705 Reserve America -----> 119,117 eBay Anything Points
50,000 eBay Anything Points -----> 264,705 ReserveAmerica
264,705 Reserve America -----> 119,117 eBay Anything Points
Can't email ReserveAmerica unless it relates to a campground quessie. Hmmm...
Apr 25, 2004, 12:33 pm
#146
FlyerTalk Evangelist
Join Date: Jan 2001
Location: NYC
Programs: AA EXP / LT PLT / 3MM, Marriott LT Gold
Posts: 35,389
I just found that out as well ...
It appears that you need to get the ReserveAmerica credit card to get a membership number ... too time-consuming and troublesome especially when the laundering may not even be possible. The conversion factors have to be wrong and will most likely be discovered and fixed very soon.
And what do you do if they normalize the conversion rates and you're stuck with ReserveAmerica points? Lots of camping, I guess!
And what do you do if they normalize the conversion rates and you're stuck with ReserveAmerica points? Lots of camping, I guess!
Apr 25, 2004, 12:54 pm
#147
Join Date: Jan 2004
Location: BiCoastal USA
Programs: AA 2.88 MM-EXPlat, HHDiamond, SPG & Marriott Silver
Posts: 316
Darn!
Originally Posted by vasantn
It appears that you need to get the ReserveAmerica credit card to get a membership number ... too time-consuming and troublesome especially when the laundering may not even be possible. The conversion factors have to be wrong and will most likely be discovered and fixed very soon.
And what do you do if they normalize the conversion rates and you're stuck with ReserveAmerica points? Lots of camping, I guess!
And what do you do if they normalize the conversion rates and you're stuck with ReserveAmerica points? Lots of camping, I guess!
Last edited by socoast; Apr 25, 2004 at 12:56 pm Reason: to add: I wonder if the Gift Card might count?
Apr 25, 2004, 1:19 pm
#148
FlyerTalk Evangelist
Join Date: Jan 2001
Location: NYC
Programs: AA EXP / LT PLT / 3MM, Marriott LT Gold
Posts: 35,389
OK ... I manged to find out that a ReserveAmerica ReserveRewards point is worth approximately between a tenth of and a hunndredth of a cent. It costs 25,000 points for something that you can buy at a hardware store for $2, but only 150,000 points for a $200 item.
I'm staying away from this one, folks. No way do I want to get stuck with ReserveAmerica points.
I'm staying away from this one, folks. No way do I want to get stuck with ReserveAmerica points.
Last edited by vasantn; Apr 25, 2004 at 1:19 pm Reason: typo
Apr 26, 2004, 1:04 am
#149
Join Date: Feb 2004
Location: LAX/OTP
Programs: TK C+, AA/AS nothing, BA nothing
Posts: 1,189
Got my 1400 ancestry.com points 2 days after sign up
Got my 1500 ConsumerInfo credit report thingie also in about 2 days or so...
still waiting for the 5000 sharebuilder ones and for the 2500 Netflix and that should do it.
Also wondered about the ReserveAmerica extremely fishy exchange rates..hmm my instict tells me to stay away from it but my mileage instinct says otherwise... tough decision
Got my 1500 ConsumerInfo credit report thingie also in about 2 days or so...
still waiting for the 5000 sharebuilder ones and for the 2500 Netflix and that should do it.
Also wondered about the ReserveAmerica extremely fishy exchange rates..hmm my instict tells me to stay away from it but my mileage instinct says otherwise... tough decision
Apr 26, 2004, 12:03 pm
#150
Join Date: Oct 2003
Location: LAX, BUR
Posts: 1,559
Looking at the reserveamerica.com website it appears you can only get a membership number by applying for the Reserve America Platinum Visa (www.reserverewards.com). Has anyone found a work around for those of us daring enough to try the Anything Points to ReserveAmercia conversion ladder?