Q. What was your deal TBB?
Speedway gas stations started selling Vanilla Reload cards. Yes you could purchase them with a credit card. Yes you could earn points. If you used use the Chase Ink cards you earned 2 points per dollar.
Q. Okay, so we can still do this at CVS convenience stores. So, what is the big deal?
The BIG deal was the ADDITIONAL points you earned for buying Vanilla Reload cards in the proprietary Speedway Rewards program. How about 20 points per dollar, how does that sound? Ok, let me break it down. I will keep the numbers VERY round. You buy 2 VRs for $1,008. You earned 2,016 Chase Ultimate Reward points for roughly $8 ($7.90 if you wanted to be really picky about it). Not bad huh? Ok, now here is the key to this deal. This earned you 20,160 Speedway Rewards points! At 25,000 SR points you can cash out with a $25 gift card (to many merchants). NO REASON to wait to receive the gift card, you can redeem INSIDE the store! Rinse, repeat. In essence, I was getting paid about $12 (per two Vanilla Reload cards) to earn 2,160 Chase Ultimate Reward points.
Q. Why didn’t you announce the deal the way Million Miles Secrets does it?
TBB does not kill deals. Are you serious this will stay alive more than a few hours when it is broken down in detail at a large blog like that? No way Jose! Then again, I am not selling anything here (subject to change). I could have had my Friday interview moment in that site a long time ago. But that would inject conflicts of interest (such as keep me from adding that blog to a certain blog list!). Even if I broke this for the benefit of increased traffic it would certainly lead to frustration and wasted time as you tried to get in it only to be denied (or harmed, i.e. Home Improvement gift cards, etc.)
Q. You are so selfish for keeping this to yourself!
The deal was spilled out to just two people, one a prominent blogger and the other a veteran hobbyist. Hints were given to get YOU to think about a little bit and not expect everything in a silver platter. After a while a few more were told as they showed proof of trying to solve the puzzle. Some figured it out and were told to keep it quiet, thank you! My point is: Deals like this have NO chance of staying alive while published online these days! Remember the Home Improvement gift card debacle? Anyways, it’s my blog and I do what I want 🙂 Other bloggers have a policy of outing/killing deals as part of their business plan. Not here, go there! Besides, Speedway stores are only in about 10 states, mostly in the Midwest. For most of you this was not feasible anyway. Hint: Speedway is owned by a bigger company and have more gas stations…
Q. Any other words of wisdom?
Yes, KEEP your eyes open at all times. Think how to maximize points 24/7. You will fill up with gas, get some additional points for it! I have had a Speedway Rewards account for a while, it’s no big deal at all. You can cash out for a large cup of coffee or a hot dog for just 900 points. Being a taxi driver and driving my kids to activities, I must admit, having this card saved me many times by being able to redeem points for a quick snack for free over the years.
Keep networking and develop close friends to bounce ideas off. Friends who will help you when they discover a deal. When you find something do NOT publish it online (unless it is part of your business plan), milk it as long as you can trying to stay under radar (you know, don’t be a hog!). Eventually, ALL DEALS die!
Keep working different credit cards, you do NOT need to get 2x all the time! Establish spending patterns and diversify your miles/points portfolio. Keep banks happy, it is a two way street.
Q. Is the deal dead?
Yes. For the past week whenever you tried to buy VRs with a credit card, the register responded with “Tender not allowed” message. I was hoping with November rolling in the computers may get back to their former state. It was a long shot I know. I just tried this morning, same message. So, it appears cash only. If you have a mileage earning debit card please try it. And, for God’s sake, enroll in the Speedway Rewards program…those hot dogs when you are in a rush, after you pile up on condiments and mustard, can be quite delicious lol.
Q. What gift cards did you cash out for?
Well it was pretty much all Macy’s gift cards. I think we have taken care of all Christmas shopping, they are all getting Macy’s gift cards! I also got some Amazon gift cards and I gave a few away in a contest I held in my blog.
Q. How would you use your points you earned?
Well, I won’t be redeeming for United miles after today’s devaluation massacre, that’s for sure! Do not ask how many, I do not like to brag about my charitable donations either!