Recap: Bonvoy Guide, Mastercard Fined $648M & More

 

  • How I did on those Patriots vs Chiefs AFC Championship Tickets by Miles Per Day. TL;DR, not good.
  • Reader David B reports that American Express is no longer counting donations made on Facebook towards minimum spend requirements. Even though the transaction goes through network for good American Express is stating that this is being treated as a P2P transaction.

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12 Comments
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DK
DK (@guest_710676)
January 23, 2019 13:43

Didnt see anything about nights and flights in that Bonvoy update. Is it going away?
A quick google search couldnt find hard data either.

JF
JF (@guest_710696)
January 23, 2019 14:21
  DK

It’s covered under “Travel Packages” in the FM article.

JF
JF (@guest_710673)
January 23, 2019 13:35
Dave P
Dave P (@guest_710782)
January 23, 2019 16:32
  JF

Thanks for sharing. The redesign for the Amex Luxury and Business SPG/Bonvoy cards are pretty sharp looking. But the redesign for the basic SPG personal? Ugggggly!

Carl
Carl (@guest_710608)
January 23, 2019 11:38

I really don’t need to hear about this dude’s forays into low level ticket scalping. DoC, you’re better than this.

frogger
frogger (@guest_730237)
March 4, 2019 10:02

How is this different than opening checking accounts or credit cards just for the bonuses? Just someone trying to make a dollar from their couch.

Sam
Sam (@guest_710600)
January 23, 2019 11:23

Buying tickets to immediately resell them is despicable. Don’t promote that kind of thing.

Dylan
Dylan (@guest_710618)
January 23, 2019 11:55

Well they didnt do well anyway.

Franholio
Franholio (@guest_710620)
January 23, 2019 11:59

Uh no it’s not

frogger
frogger (@guest_710700)
January 23, 2019 14:24

Why is it despicable? It is just arbitrage. The venues benefit as their tickets are sold quickly and people can get tickets without the hassle of going online at the exact moment they are on sale. I used to do it all the time. You have to know what events are going to sell out and if you make a mistake you are stuck with a ticket. Stubhub’s outrageous fees are what you should be mad about.

Also a lot of time it is the promoters selling the best tickets on the resale market.

Frank
Frank (@guest_711023)
January 23, 2019 23:22

Not a fan of resellers but you are right about the promoters. Most of the time a large % of the tickets are already sold to promoters before the tickets go on sale which drives the bulk of the reselling.

The real problem is the artist wants to get paid $Xm but also show that tickets are available at face value for barely over $Xm in total. The only way for that to happen is mark them up immediately when selling to a promoter who then is the “bad guy” and resells at a crazy price (“crazy” as in high, technically its the correct price because that’s where the tickets clear). Artist can then say “We’ll it was a $10 ticket, blame the resellers for making it $100”