Capital One’s Breaking (& Amazing) News for the Credit Card Rewards Industry

PEYD Makes Miles & Points Work for You

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PEYD is pleased to inform you of breaking news.
Capital One has announced that for the first time in their history, their rewards program will now be transferable to 12 airlines. 

 

  • Transferable points are the most valuable type of credit card points and thus raises the potential value of Capital One miles significantly, (although it is not known at this time what their ultimate redemption value will be). Stay tuned!

 

  • For a limited time, Capital One Venture Card is offering a 50% higher-than-normal sign-up bonus for new card applicants: 75,000 miles when you spend $5,000 in the first three months.

 

  • There’s also an incredible limited-time bonus offer of up to 200,000 miles on the Capital One Spark Miles for Business card (the 5th one down from the top) — 50,000 miles after you spend $5,000 in the first three months, and an additional 150,000 miles when your business spends $50,000 in the first six months.

 

TOP OFFERS FALL – WINTER 2018
Limited Time Offer – Earn 70,000 Bonus Miles with the
the Barclays Arrival Plus Card
Image result for barclaycard Arrival Plus® World Elite Mastercard®
Earn 70,000 Bonus Miles after spending $5,000 within three months 
of opening the card. 
Click HERE for the Offer  
Limited Time Offer – Earn 65,000 Bonus Miles with the
the United Explorer Card
Image result for united explorer card
Earn 40,000 Bonus Miles after spending $2,000 within three months
and an additional 25,000 Bonus Miles when spending a total of $10,000
within six months of opening the card. 
Click HERE for the Offer  
Limited Time Offer – Earn 30,000 Bonus Miles plus a Companion Fare
with the Bank of America Alaska Business Credit Card
Image result for Bank of America Alaska Business Credit Card
Earn 30,000 Bonus Miles plus an Alaska Airlines Companion Fare
after spending $1,000 within three months
Click HERE for the Offer 
(13th one down from the top of the page)
Contact PEYD  here  if you have any questions.

 

Choosing the Best Credit Cards for your Business (Focus on Travel & Cash-Back)

 

Our Picks for the Top Small Business Credit Cards.

Image result for the Best Credit Cards for your Business

Our Picks for the Top Small Business Credit Cards.

People often ask us – Which is the best credit card available? That’s like asking someone, “what’s the best car”? Well, it depends – for heavy commuting? For weekend fun? Hauling Cargo? Each business will have different needs, and that will determine which is the best card “FOR YOU”.

There are a number of variables that can determine which credit card would be the best option for your business including your business category type, how you use your credit card, what kind of purchases are made each month along with your total spend, and whether you or someone in your business travels often.

As such, there is no easy answer when it comes to determining which credit card product is best for you.

Therefore the best way to determine which card works best for you and your business is to provide a breakdown of the offers and credit card options currently available, and to list those that we feel are the best options and the reasons why.

1st Place –  The Business Platinum® Card from American Express OPEN

Similar to the personal Amex Platinum Card, the business version includes a few key elements that make it worthwhile for businesses and makes it unique in the credit card space.

This card is ideal for small businesses with significant travel budgets. Here’s why:

    • When you book flights and prepaid hotel stays through the Amex Travel Portal, you earn 5x Membership Rewards points per dollar spent.
    • You also earn a 50% bonus — so effectively 1.5x points per dollar — on purchases of $5,000 or more, up to 1 million extra points per year.

 

  • When you use points to book a flight through the Amex Travel Portal on your pre-selected — or business or first class flights on any airline — you’ll get 35% of your points back.

 

  • The card includes $200 in airline fee credits each calendar year, essentially rebating part of the annual fee, is used correctly.  (And because the airline fee credit is valid each calendar year, not card-member year, you could qualify for the credit twice in your first 12 months of having the card).

Additionally, the card offers a slew of other benefits, including access to more than 1,200 airport lounges, including Priority Pass lounges, Delta Sky Clubs when you’re flying with the airline, and proprietary Amex Centurion Lounge locations.

For this reason, it is our view that for business who have employees traveling often or those who consistently have purchases of over $5,000 the Amex Business Platinum Credit Card is the best option for you.

2nd Place. Chase Ink Business Preferred

Our second place for the best credit card for small businesses with significant travel needs is the Chase Ink Business Preferred Credit Card. That card earns valuable, flexible Ultimate Rewards points on your small business spending. These are the same points earned in the personal Chase Freedom and Sapphire cards.

These points can be traded for cash back, transferred to frequent flyer and hotel loyalty partners, or used to purchase travel with a 25% bonus (or a 50% bonus if you move your points over to your Chase Sapphire Reserve Credit Card.

The card also earns 3x points per dollar on the first $150,000 your business spends on combined purchases each card-member year in several categories, including travel, shipping, internet/cable/phone, and advertising on social media sites or with search engines, such as Google Ads.

Purchases after you reach $150,000, or in any other category, earn 1x point per dollar.

Among other benefits, the Ink Business Preferred offers cell phone protection. When you use the Ink Preferred to pay your cell phone bill, you’re covered for up to $600 for damage, loss, or theft of your cell phone — or your employees’ work-provided phones, if you provide them. You’re limited to three claims per rolling 12-month period, but this can save you a fortune.

The cell phone insurance alone makes up for the $95 annual fee.

3rd Place – Business Gold Rewards Card from American Express OPEN

Our third place goes to the Business Gold Rewards Card from American Express. This can be the go-to for small-business expenses, especially since the card offers 3x points on expenses like Google advertising. With the $175 annual fee waived the first year, and plenty of great transfer options via the Membership Rewards program, this card might be the perfect option for small businesses who spend $100,000 in office and advertising expenses with travel needs. Those can be booked with the membership rewards points earned through the business spending.

4th Place – Capital One Spark Cash for Business

The Capital One Spark Cash earns unlimited 2% cash back on all purchases. No categories, no points values or conversions, no redemption minimums. Rewards won’t expire for the life of the account, and you can redeem any amount of cash back.

The card has a $95 annual fee, waived the first year. At first glance, the Amex Blue Business Plus might seem like a better option, since it earns 2x points and doesn’t have an annual fee.

However, keep in mind that while 2x points may be more valuable than 2% cash if you redeem strategically for travel by transferring to partners, Membership Rewards points can’t be redeemed outright for cash. You can redeem them for a statement credit, but they’ll only be worth 0.6¢ each. That means that effectively, the Amex card only offers 1.2% “cash” back, compared to the no-strings-attached 2% from the Capital One Spark Cash.

Finally, credit lines are often limited with Capital One credit cards, and businesses with significant spend may wish to go with the Chase or American Express options.

(Honorable Mention). The Blue Business℠ Plus Credit Card from American Express

This card usually doesn’t have a welcome offer, and that might be enough to turn many people away from it. However, it’s currently offering a limited-time bonus of 10,000 points, and despite the fact that the welcome bonus is not that significant, you’ll earn more through regular spending: the card offers 2x points on every dollar spent, on your first $50,000 in spending every year (after that, it’s 1x point).

There’s also a 0% introductory APR on purchases and balance transfers for the first 15 months, and then a variable rate (currently 12.99%, 16.99% or 20.99%). While funding your startup with a credit card may not be the best idea, the introductory APR can help if you have a few larger purchases coming up and are still working to get cash flow regular. Best of all, the card has no annual fee.

To learn more about your credit card options and for a free consultation visit https://my.getpeyd.com/request-a-consultation/

 

 

Top Credit Card Offers, Fall 2018

TOP OFFERS, OCT-NOV 2018
HOT OFFER ALERT
Earn 60,000 Bonus Miles with the
Hawaiian Airlines Business MasterCard
Hawaiian Airlines Business Mastercard card from Barclays review

Click HERE for the Offer

HOT OFFER ALERT
Earn 40,000 & 60,000 Bonus Miles with the Avianca Lifemiles Credit Cards
Click HERE for the Offers
You must enter the promo code LM17WB to receive the higher bonus. Click apply now and then on the first page there is a section to add this code)
Earn 60,000 Points with the Barclay Arrival Plus Credit Card
Barclaycard Arrival® Plus World Elite Mastercard®
Click HERE for the Offer
(4th offer down from the top of the page)
Earn 50,000 Bonus Miles with the
Capital One Venture Credit Card
Card Art

Click HERE for the Offer

(2nd offer down from the top of the page)

Earn 50,000 Bonus Points with the Bank of America Premium Rewards Travel Credit Card

Card Image
Click HERE for the Offer
(1st offer down from the top of the page)
Planning your Winter Vacation?!
Need Airfare, Hotels, Tours or Travel Planning Services?
PEYD Has You Covered!
Ask about our Pay With Points Program where we can use your miles and points to book the flight and hotel you desire!
For more information about our travel agency services, please contact us here.

TOP CREDIT CARD OFFERS, October 2018

TOP CREDIT CARD OFFERS,
October 2018
HOT OFFER ALERT – Earn 50,00 Membership Rewards Points with the new Amex Gold Card!

Click HERE for the Offer

HOT OFFER ALERT – Earn 60,00 Bonus ThankYou Points with the Citi ThankYou Premier Card, plus the Annual Fee is Waived the first year!
Image result for citi thankyou premier

Click HERE for the Offer

(It’s the Top One on the Page)

HOT OFFER ALERT – Earn 100,00 Bonus  Points, plus a $50 Statement Credit with the IHG Rewards Club Premier Credit Card
IHG (registered trademark) Rewards Club Premier World Elite credit card
Click HERE for the Offer
HOT OFFER ALERT – Earn 50,000 Bonus  Miles with the Barclays Hawaiian Business Credit Card
Image result for Hawaiian Airlines Business Mastercard
Click HERE for the Offer
RECENT TOP OFFERS!
1. AA Advantage Executive World Elite 75,000 Bonus Offer!
Click HERE for the Offer (make sure to open the link incognito/private browser).
Planning your Winter Vacation?!
Need Airfare, Hotels, Tours or Travel Planning Services?
PEYD Has You Covered!
For more information about our travel agency services, please contact us here.

60k AA Miles (one purchase), 100,000 Marriott Points, United Airlines Gift to Israel, PEYD Speaks Hebrew!

חברת PEYD נרתמת לעזרת ציבור לקוחות דוברי העברית בצבירת נקודות בכרטיסי אשראי,
 פדייתן עבור הערך המקסימלי, והגדלת הרווח לעסקים קטנים ותאגידים גדולים גם כן.
לפרטים נוספים צרו קשר במספר:
(646) 801-PEYD (7393)
 או בכתובת האימייל:
TOP OFFERS, END OF AUGUST 2018
Earn 75,000 Points with the NEWSPG/Marriott American Express Credit Card
Click HERE for the Offer
Earn 100,000 Points with the NEWSPG/Marriott American Express BUSINESS Credit Card
Starwood Preferred Guest<sup>&#174;</sup> Business Credit Card from American Express
Click HERE for the Offer
Earn 70,00 Bonus Delta Miles with the American Express Platinum Delta Business Card
Platinum Delta SkyMiles<sup>&#174;</sup> Business Credit Card from American Express

Click HERE for the Offer

Earn 100,00 Bonus Points and a $50 Statement Credit with the Chase IHG Credit Card

IHG (registered trademark) Rewards Club Premier World Elite credit card
Click HERE for the Offer
United Airlines to offer direct service 
from BWI to Israel Connecting flights to begin in June

United Airlines is giving Tel Aviv a new gift — more nonstop service.

To honor the 20th anniversary of United’s flying from the United States to Tel Aviv, the Chicago-based carrier said today it will launch on May 22, 2019 a new route with nonstop service three times a week between United’s hub at Washington, D.C.’s Dulles International Airport (IAD) and Tel Aviv (TLV).

The new route will mark the first-ever nonstop service between the nation’s capital and Tel Aviv, a major Israeli city that has evolved into an important destination for United.

Click HERE to read the full article and click HERE to speak with a PEYD Travel representative to start planning your next trip to Israel!

Top Credit Card Offers for July, 2018

Congrats to Michael B. from LA for winning Two, Round-trip Airfare Tickets, and to Tziporah L. from Queens for winning a $100 Travel Certificate and PEYD Travel Swag!

Stay tuned for our next promotion and CLICK HERE TO SUBMIT YOUR MILEAGE REDEMPTION REQUEST AND CLICK HERE TO SUBMIT YOUR TRAVEL REQUEST 

TOP OFFERS, END OF JULY 2018
Introducing the LIMITED TIME AA Advantage Executive World Elite 75,000 Bonus Offer!
Citi® / AAdvantage® Executive World Elite&trade;  Mastercard®
Earn up to 75,000 Bonus Points after you spend $7,500 within three months of account opening plus earn a Global Entry or TSA Pre Credit as well as Admirals Club Access!
Click HERE for the Offer (make sure to open the link incognito/private browser).
Introducing the NEW Rapid Rewards Priority Credit Card 65,000 Bonus Offer!
Southwest Plus and Southwest Priority card logosEarn up to 40,000 Bonus Points after you spend $1,000 within three months of account opening plus earn an additional 25,000 Bonus Points after you spend $15,000 within your first year of opening the card.
Click HERE for the Offer
You can use these offers to earn the SouthWest Companion Pass, one of the best travel deals in the rewards industry!
Introducing the Rapid Rewards Priority Credit Card 5,000 UPGRADE  Offer!
Upgrade to the NEW Southwest Rapid Rewards(R) Priority Credit Card
Earn  5,000 Bonus Points when you upgrade to new Rapid Rewards Priority Card
Click HERE for the Offer
Introducing the LIMITED TIME Citi ThankYou Premier  60,000 Bonus Offer!
Earn  60,000 Bonus Points when you spend $4,000 within three months.
Click HERE for the Offer (make sure to clear cookies or try incognito).
RECENT TOP OFFERS!
1. Hyatt Visa Signature 60,000 Bonus Points Offer!
Earn  40,000 Bonus Points when you spend $3,000 within 3 months and an additional 20,000 Miles after you spend a total of 6,000 within the first six months!
Click HERE for the OfferUpgrade to the NEW Southwest Rapid Rewards(R) Priority Credit Card
2. Amex Blue Business Plus 2x Points Back Offer
(good for everyday spending)!
Earn  10,000 Bonus Points when you spend $3,000 within 3 months and Double Points on up to $50,000 in Spending!
Click HERE for the Offer (make sure to open the link using a private browser/incognito).
3. American Express Green Card 25,000 Bonus Points Offer!
Earn  25,000 Bonus Points when you spend $1,000 within 3 months.
Click HERE for the Offer
Planning your Summer Vacation?!
Need Airfare, Hotels, Tours or Travel Planning Services?
PEYD Has You Covered!
For more information about our travel agency services, please contact us here.

Top Credit Card Offers for June 2018

PEYD IS REDEEMING LUFTHANSA MILES
FOR TOP DOLLAR.
Image result for lufthansa miles and more
CLICK HERE FOR MORE INFORMATION ABOUT REDEEMING YOUR LUFTHANSA MILES
Introducing the Lufthansa Miles & More 50,000 Bonus Miles Offer!
Image of the Lufthansa Miles & More Premier World Mastercard
Earn  20,000 Bonus Points when you make an initial purchase and an additional 30,000 Miles after you spend $5,000 within three months!
Click HERE for the Offer
Introducing the Chase Ink Business 80,000 Points Bonus Offer!
Ink Business Preferred
Earn  80,000 Bonus Points after you spend $5,000 within three months!
Click HERE for the Offer
Introducing the Citi Thank You Premier 50,000 Points Bonus Offer!
Image result for citi thankyou premier
Earn  50,000 Bonus Points after you spend $4,000 within three months!
Click HERE for the Offer
Last Month’s Offers: 
Marriott Rewards Premier Plus Card 100,000 Points Bonus Offer!
Earn  100,000 Bonus Points after you spend $5,000 within three months!
Click HERE for the Offer
Introducing the JetBlue 40,000 Points Bonus Offer!
Earn  40,000 Bonus Points after you spend $1,000 within three months!
Click HERE for the Offer
AAdvantage Business Aviator Credit Card 50,000 Miles Bonus Offer!
Earn 50,000 Bonus Points after your First Purchase!
Click HERE for the Offer
CASH BACK CREDIT & EVERYDAY CARDS
If you have already received many of the signup bonus offers and are not eligible the same ‘new’ offers here is a link to a list of credit cards and offers for EVERYDAY SPENDING.
Our favorites are the:
Capital One Venture
Capital One® Venture® Rewards Credit Card
which come with a great signup bonus of 50,000 Miles.
GET PEYD on the Aussie Gourmett Radio Show
Pinny Ackerman, parter and director of operations was thrilled to have been invited to participate on the Table for Two Show with the famous Naomi Nachman of the @AussieGourmett fame.
Click the link above to hear firsthand how we help individuals and businesses maximize their credit card spending to help earn travel rewards that can turned into lucrative cash and travel benefits!

Cashing in on Credit, How Credit Card Rewards Are a Valuable Resource and Revenue Stream for Businesses

One of the great perks that comes with using credit cards is the ability to earn miles and points when making purchases. This earning potential is so significant that there are actually many forums, blogs, groups, and even a “university” dedicated to helping consumers understand the myriad benefits and rewards programs available to them from credit card companies and how to maximize these opportunities. Many consumers have taken advantage of these options and turned their spending habits into significant side income-earning ventures.

Spend Wisely, Earn Rewards

Small businesses and corporations can also benefit from proper management of credit card spending and travel programs as a combined service, based on their travel habits and expenses. Business owners who use corporate cards to pay for inventory and operational expenses or conduct the majority of their business online, can potentially earn hundreds of thousands of points per month by choosing the best program that fits their corporate profile.

For example, when utilizing Amex for payroll, you can earn one Membership Rewards point for every dollar spent on payroll. There’s a small fee to use this service, but if you run the numbers (or have a credit card advisor run the numbers for you, you may find that it’s worth it for you to pay the fee since the returns will be much greater.

Another tip that many people don’t know is that individual purchases of $5,000 or more on an American Express Business Platinum card trigger 1.5 points. That means up to 1 million extra points per year!

An additional area of focus for small businesses and corporations is the classification of their business type as it relates to their credit card usage. Certain credit card programs offer double or triple the points when spending within certain categories. The American Express Business Gold Card, for example, offers three times the points for Google Advertising charges, but caps the bonus at 300,000 points per card member. Knowing this, businesses may choose to open new cards for a number of executives and employees, thereby maximizing the triple points business by taking advantage of this bonus for each of their card members or executives.

A prestigious financial services firm based in Manhattan was able to increase its rewards accrual from roughly three million miles per year to over nine million by using these and similar methods.

Apart from taking into account the business category type, business owners and executives should become familiar with the places their employees typically travel to, and choose a credit card rewards program that is either connected with the airline the employees typically fly with or that earns rewards that can be transferred to those airlines. The business can then reduce its travel expenses by utilizing the rewards earned to offset the cost of airline tickets. Often, they can also receive additional bonus miles during the transfer.

Using Rewards for Travel

Business managers should become familiar with how to use rewards programs to their advantage when actually booking rewards tickets. American Express Business Platinum Cards have a special perk whereby individuals who book tickets through the Amex Travel Portal and pay for those tickets using Amex points will receive 35% of the points back into their Membership Rewards account..

With proper knowledge of the intricate mileage network employed by various airlines and alliances (or with an expert’s advice), you can find excellent deals. A coach ticket to China may cost $1,000, or 70,000 miles, while a business class ticket to the same destination can run $6,500, or 140,000 miles. (Although mileage tickets can offer significant savings with their substantially smaller price differentials, they can be difficult to acquire. An expert who knows the system can help you find these deals.)

This is only the tip of the iceberg, however; there are many more creative ways to take advantage of the credit card rewards.

Pinny Ackerman is a partner & director of operations for PEYD, a community-based business located in the Five Towns. PEYD provides consulting services and creative solutions to help individuals and business owners nationwide navigate credit card rewards and travel industries. They offer business consulting services, with a focus on business travel and rewards management.