šŸ˜³ My 100k-point mistake

Do as I say, and not as I do. Plus, there's a sale on Aeroplan points, and we've got a little travel trivia.

Estimated read time: 4 minutes and 51 seconds

šŸ¤— Thereā€™s a shiny little business card that just increased its welcome offer to 150,000 MR points! And remember, ANYONE can have a business (or side hustle) to take advantage of thisā€¦ Check it out!

Gooood morning, beautiful people! šŸ™‹šŸ»ā€ā™€ļø

I bet when you read that subject line you thought Mike made a 100k-point mistakeā€¦ But NOPE. It was me (Tiffany) šŸ«¢

Hereā€™s what weā€™re rocking with today:

šŸ˜³Ā My 100k-point mistake

A few years ago, I made a mistakeā€”a very big one. And itā€™s haunted me to this day.

When I was a newb in the miles and points worldā€¦ I straight up canceled the single best travel credit card in the game.

There, I said it šŸ˜…

I called the bank, said I wanted to cancel, DECLINED THE RETENTION OFFER (Did I even know what that was at the time??), and proceeded to dispose of that precious little blue gem.

I was navigating this stuff all on my own without any guidance, and at the time, I thought I was doing the right thing.

I remember hearing the voice of one of my former burnt out high school teachers chanting, ā€œCredit cards are bad. Debt is bad. You donā€™t want multiple credit cards.ā€

And soā€¦ I genuinely thought I needed to cancel that card before getting my next one.

I did, however, earn my 80,000-point welcome offer at the time and used it to make a few great travel redemptionsā€”one of them being my first ever international business-class flight which was on United Polaris šŸ‘‡

Images showing a business class seat in United Polaris

Believe me, to be 20-something and sitting in the front of the plane with the big boys was epic, and I have no regrets šŸ˜

But why the ā€œ100k mistakeā€ valuation you ask?

Because that is easily how many UR points I have missed out on earning EACH YEAR on that card alone since I canceled it.

With the cardā€™s accelerated earning rates on things like dining out, delivery services, online grocery shopping, TRAVEL, and more, 100k points is a pretty dang conservative number to hit each yearā€”and this is without any two-player mode action.

But thereā€™s a silver lining to this whole thing.

This particular bank has a rule that allows you to earn a second welcome offer on a card if itā€™s been at least 48 months since receiving it the first time aroundā€¦Ā šŸ‘€

At this point, Iā€™m well over that 48-month mark, and Iā€™ve got a couple spots opening up on my 5/24 situation (you can read more here about what the 5/24 rule is and why itā€™s important if you arenā€™t familiar with it).

So Iā€™m pretty pumped to say that 2024 is the year that Iā€™ll be getting my second little blue travel card and a second tasty welcome offerĀ šŸŽ‰

But Iā€™m not acting on this immediatelyā€¦ Iā€™ve just been sitting, stewing, waiting patiently until I see an elevated offer come on the market for this card.

Weā€™re all about maximizing our miles and points, remember? šŸ˜Ž

But I hope this enlightens you to a few things:

  1. Even us miles and points ā€œprosā€ make mistakes.

  2. You can and will recover (and can still come out ahead) despite making a bad, past move.

  3. This particular card is insanely valuable, and if youā€™ve got it (or are looking to apply for it), itā€™s probably one youā€™ll want to keep and maximize for a very long time.

Have you ever made a bad miles and points mistake?

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āœˆļø Buy Air Canadaā€™s Aeroplan points with up to a 100% bonus

When I think of Air Canada, I canā€™t help but do a dramatic eye roll. With my home airport being Vancouver and Mikeā€™s being Torontoā€¦ we fly on the airline a lot.

ā€¦and itā€™s not great.

BUT. When I think of their loyalty program, Aeroplan, my eyes light up.

And thatā€™s because Aeroplan is one of the best frequent flyer programs around thanks to its massive portfolio of airline partners and its valuable stopover program.

So right now, until May 11, 2024, Aeroplan is offering up to a 100% bonus on points purchased.

Screenshot showing Aeroplan's current point bonus

However, everyone might not get an offer that high. Iā€™ve read that varying bonuses are being offered to different members with an 85% bonus being quite popular.

I personally like to buy points (when thereā€™s a bonus) if I need to top up my account for a particular redemption in mind.

Remember, buying points strategically can yield good value a lot of the time, but youā€™ll always want to make sure that youā€™re coming out ahead.

For me, Iā€™ll be in Europe for part of the summer, but then Iā€™ll also be making my way to Abu Dhabi from there.

Iā€™ve been looking at this flight from Frankfurt:

Example of an award redemption on Air Canada from Frankfurt to Abu Dhabi

45,000 points for a six-hour flight in Etihad business class is pretty great.

Iā€™m thinking Iā€™ll use this current bonus to snag some extra points in an effort to save a larger stash I have for another redemption Iā€™m planning to make later on.

Thereā€™s another fun thing about point bonuses thoughā€¦ Letā€™s say you have ZERO Aeroplan points and ZERO transferable points, but you want to get this business class seat šŸ¤”

Even if you received the ā€œup to 85% bonus,ā€ it would cost you $769 USD to buy the 45,000 points needed in the Aeroplan portal.

And the cash price for this same flight? Wellā€¦ šŸ‘‡

So even if you started with zero points across the board, you could save over $2,000 to get your bum in that fancy seat for a bucket list tripā€”if thatā€™s how you wanted to allocate part of your budget.

The possibilities are endless, my friends. Just make sure youā€™ve got a plan in mind that will be in your favor.

šŸ¤“Ā Travel Trivia

Can you guess the highest railway in Northern Europe?

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Correct answer: TheĀ Oslo-Bergen Railway, which sits at a 4,058 feet elevation!Ā 

Train travel isĀ inĀ right now (or at least that's my perception). Pinterest even named train travel asĀ its top prediction last year.Ā 

Among the plethora of train options,Ā the Oslo-Bergen railway stands out as one-of-a-kind.Ā Ā Ā 

The train's route is aĀ picturesque landscape of Norway with breathtaking views of mountains, valleys, lakes, and fjords.Ā Ā Ā 

A train coursing through green mountains with a nearby river

Holy smokes!

Operating several times daily between Oslo and Bergen, the tripĀ takes about six-and-a-half hours to cover the 267-mile route, with 21 stops along the wayĀ for travelers to explore various villages and vistas.Ā Ā Ā Ā 

Itā€™s definitely recommended toĀ reserve seats in advance, especially during peak seasons since the train often sells out.Ā Ā 

Want to learn more about it and add it to your bucket list?Ā Read more about it here.Ā Ā 

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ā€¦or you can just buy these prizes from our website if you want to keep us all to yourself. šŸ˜‰

Thatā€™s all for today, but man, donā€™t you just love the world of miles and points? I sure do šŸ˜

See you guys tomorrow!

Tiffany Eastham
Writer & editor, Daily Drop

52Ā°22'35.4"N 52Ā°15'17.4"W