Episode 55: Heightened CSP Bonus, Schwab Cashout Rumors & A New Airport Lounge

A Hot news week has us sitting down to discuss the following: 0:29 Chase Sapphire Preferred 100,000 Direct Link Subject to 5/24$95 AF (not waived first year)Try generating a referral if you/your spouse have one (chase.com/referafriend)“Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.*That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®.This product is available to you if you do not have any Sapphire card and have not received a new cardmember bonus for any Sapphire card in the past 48 months.100,000 bonus points is the best offer that Sapphire Preferred has ever had.” 5:54 Rumor: 1.25 cpp Amex Schwab Cashout Going Away (TheFinanceHobbyist on Reddit) Cashout option still mentioned on application but not on landing pageWho knows, but…How big of a hit would this be?How would it affect your perception of the Amex MR value proposition?If you knew for certain it was going away tomorrow would you clean house today?Does the rumor cause you to cash out some MRs? 10:59 Chase Sapphire Lounges Coming (TPG) First location: Boston?Location: Terminal B to C ConnectorAnticipated opening: Q1 2022Out-maneuvered Amex Centurion and CapOne for the space 15:40 Amex 25% Transfer Bonus to Hawaiian In the spirit of always considering a deal...130,000 Boston to Honolulu becomes 108,000 MRs pp one-way in lie-flatFlight is very expensive: They’re asking $7,000 pp roundtripExpires 6/30/2021Last call for 40% bonus to Marriott, ends 6/15/2021 18:32 Stop & Shop/Giant: 3x VGCs Friday 6/4 - Thursday 6/10/2021 If you enjoyed this show consider joining our Patreon where you'll find hundreds of hours of unique, in-depth content and a thriving slack community. Enjoy!