Many things changed in 2020 because of the coronavirus pandemic. One of the things missing over the past year is the massive hype over the latest deal of the year. I guess that banks thought that promoting large sign-up bonuses good for worldwide travel while most people couldn’t go anywhere exotic was a bad look for their image.
It’s now 2021 and people have shifted from worrying about how bad this is going to get (Spoiler: It got pretty bad) to thinking that we’re going to eventually get out of this and back to traveling around the world again. Doing so means that we’re going to need points to book the award flights we’ve been kept from, emotionally at least, for too long.
The Brex Cash stepped up and was the first one to offer a mid-pandemic mega-bonus for new accounts. 110,000 points for a no-fee card is a showstopper at any time but right now it was the only player in the 100K+ market.
However, there’s more than one catch about the Brex Cash which is why I chose not to cover it. It’s only available to businesses registered as LLCs or above. Sole proprietorships, like myself, need not apply. Sure, I could register as an LLC but if I wasn’t willing to do so for a card sign-up, I’m sure there’s a large number of businesses that aren’t willing to incur the expense of tax consequences of doing so either.
What should all of us who aren’t able to take advantage of this offer do? In the immortal words of Taylor Swift, we just need to shake it off, shake it off.
In 2016, I signed up for the British Airways Visa from Chase. After spending $10,000 on the card I earned over 75,000 Avios which was supposedly the way for me to fly endless flights on American and Alaska Airlines. (Another spoiler, they weren’t and I’m still trying to keep those points from expiring before being able to use them.
What does this tell us? That not ever offer is for everyone. I probably shouldn’t have spent so much time and effort to reach the spending requirement on the British Airways card to earn the extra Avios.
Others shouldn’t obsess about getting a Southwest Companion Pass, either by getting enough miles from a signup bonus or from a credit card offer, if it’s not of much value to you because of your travel patterns.
It took me a long while to learn this lesson and eventually I decided to start writing a blog in the hope of sharing this knowledge with others.
Not every offer is for you. No matter how many posts you see about how awesome it is. Trust me on this one. They’ll be another one.
THANKS FOR ATTENDING MY TED TALK. 🙂
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#stayhealthy #staysafe #washyourhands #wearamask
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This post first appeared on Your Mileage May Vary
