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One of my favorite Boarding Area bloggers to read each day is Frequent Miler. He and I have talked now and then and I love how his mind works. Good or bad, he is brave, and tries things. Tries to make things work. If not, it costs a little but it’s worth the hunt. Fun. But sometimes his steps get my mind going as I now start to think of everything I do in ways like this:
“If I do this for step one, and then that for step two, I will earn 5000x points for step three!”
OK so maybe I am exaggerating just a tiny bit, but you get my point. It is the same with the cursed day I was taught Opportunity Cost in school. Every day of my life since then has been different. No matter what I do, I could be doing something else. It even haunts me when on vacation as I could be earning points doing something. And when earning points, I could enjoying them on vacation! AGGGGGGGGG.
If you had never know about opportunity cost before, I am sorry for ruining your life. But, in the spirit of Frequent Miler, here are some idea’s that hit me when buying some gift cards this week at Office Depot for 5x points on my INK BOLD card. First, I will use these gift cards to buy Walmart Gift cards, instead of my Delta AMEX, for shopping at SAMS CLUB to get max value in points.
Also, this week I talked about the fact that you can redeem, for now, 100 Coke Rewards points for $20 off a SW Air flight. A good deal if you have 100 Coke Rewards points. If you drink Coke products anyway, you can buy a 24 pack at Staples for $11.99 (obviously not the best price in the world). Staples is a office supply store. So, if you use your INK BOLD, you can earn 10x points on the purchase via the Ultimate Rewards shopping site and even get free S&H.
If you buy 5 of the 24 packs you will earn 100 Coke Rewards points worth your $20 for SW Air. The result. You spent $59.95-$20(SW AIR)-$7.50(UR points value)=$32.45 for 120 cans of Coke! If you have a Staples coupon it could cost you even less and maybe match the sale price most places have Coke for each week.
So I hope I’ve got you thinking now too and have a fun weekend earning and burning points everyone! – Rene
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Advertiser Disclosure: Eye of the Flyer, a division of Chatterbox Entertainment, Inc., is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact how and where card products appear on the site. This site does not include all card companies or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities. Some of the links on this page are affiliate or referral links. We may receive a commission or referral bonus for purchases or successful applications made during shopping sessions or signups initiated from clicking those links.
Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
It’s cheaper to buy the 30 packs of coke that have more rewards points per package at Costco and you can use an Amex reward card there. Just FYI.
@Daninstl – great if you have a Costo nearby! BTW – do you know how many points a 30 pack gives in CR points? Txs – Rene
You have the count the opportunity cost of treating possible diabetes, tooth decay and other health problems that come with drinking coke 🙂
@atxtravel – yeah I do think about that and why I limit myself to one Coke Zero a day. 😉
CostCo 30-packs give 25 reward points.
@Fred – txs very much. Helpful! Just 4 of them to get the $20 off code!