A number of credit card issuers are suspending their affiliate programs indefinitely. At this stage it looks like Chase is pulling all business affiliate links and possibly personal links with American Express to pull business links as well. This looks to be a cost cutting measure due to COVID-19. We don’t use credit card links for reasons explained in this post. I suspect if this continues it will cause some of the larger sites to have to let employees go.
Given that card issuers are suspending these programs it’ll be interesting to see what happens to sign up bonuses going forward, if they’ll look to cut those as well to reduce expenses or possibly increase the bonuses but with stricter lending requirements.
Just a friendly reminder that usually if you don’t have anything nice to say, it’s better to say nothing at all.
That’s why the world is in a pickle…not looking at the negatives. Surprised to see you write this. A lot of over-positiveness comes from Dale Car-na-GEY (real spelling, fraudster) book HOW TO WIN FRIENDS & INFLUENCE PEOPLE.
That’s China CCP thinking too…maintain positivity…so they muzzled the early doctors…many world problems persist…due to people wanting to stay too positive…rather than see reality
Sir, this is a Wendy’s.
Huh? This is Doctor of Credit.
78 people have up-voted this. Can 1 of you explain the context of this comment?
Just up voted. I have no clue just like the 81 others before me.
Reference to a meme which shows someone venting their spleen, then it’s revealed that they’re at a Wendy’s counter talking to the clerk. Suggestion is that comments are off-topic for the current forum.
O
I’d say you need to take a break and get out of the house but…
http://end-times-prophecy.org/animal-deaths-birds-fish-end-times.html
Maybe u need to…disregard the religious stuff (I do…but just the lists…)
also watchers.news
but crawl back into your fantasy land of Pixar, or whatever TV show/movies/version of reality……etc…
The world is in a pickle because people are too nice? lol
Actually? Yes. Although being mean isn’t correct either. But being able to disagree in a civil manner and discuss issues is not something that happens right now.
I don’t think you can say that many of the negative comments on this page are disagreeing in a civil manner.
People that are happy with status quo usually the ones to adopt “don’t say anything bad”.
The drowning man won’t remember any manners. The man sitting smugly in the boat might lecture the drowning man to say please and thank you if he wants to receive any help.
Would you blame the drowning man if after he is saved beats the crap out of the smug man? We are at that point in american politics.
Leftist ideology is winning.
Let me guess
Woman Ted , this whole Coronavirus “hoax” was created by the Clintons.
You’re a good guy William-thanks for all your advice and your pleasant nature. You’ve helped me so much in traveling.
You’re welcome, Bob! I wish everybody was like Bob.
Be like Bob.
https://imgur.com/usoQMKU
Just visited TPG (wearing full PPE, of course) and found that there are still plenty of credit card offers “from our partners” scattered across the site. I assume they aren’t hawking them for free, so did they get a special deal? Did any of the other credit card hawkers pull their referrals? (sorry, really can’t get myself to look around further)
Not all links were ended, mostly just business cards. TPG might have additional side deals as well.
I hate to see peoples incomes removed in times like these, but credit card affiliate programs are up there with private health insurance, and social media influencers as things the world could do without.
I don’t know if I agree with the health insurance part since I have excellent insurance but I know that most Americans aren’t that lucky.
Influencers and Affliate bloggers can burn though.
LOL my thoughts exactly. If there’s one positive of this, it will be influencer culture dying
If they continue to lick airplane toilet seats, I’m sure they will. 😀
“some of the larger sites”
Which sites?
This is great! No more affiliate spam
I’d personally be interested to know how much these bloggers get paid for each affiliate link.
I’m sure the data’s out there, but I’m too lazy to go out and look. Feel free to ignore because I’m being lazy.
$50-$500
Cost cutting reversed – My Citi Prestige annual fee posts in a couple of weeks. Who’s buying airfare, hotels, cruises, or going to town dining out? Will find out if I can convince them to reduce or waive the fee. My travel charges dropped to $0 but I also can’t justify $495 for nothing right now. This too shall pass.
i have a feeling alot of the high fee travel cards are screwed in the short term. downgrading will happen frequently across the board imo
Called Amex about the Hilton Aspire (Already used my benefits for the year), no offer whatsoever.. But the rep said they are happy to offer a Downgrade with the option to re-upgrade at any time.
Yea I’m probably going to downgrade mine for now.
So does this mean we won’t be receiving the SUBs for for cards we’ve already opened? I just hit the spend requirements on a CIPs and the requirements on a new Chase bank account. Expecting both bonuses this week. Should I worry?
Nothing to worry about on existing accounts — you’ll get your bonus
DOC, love this site and I am impressed you were able to resist the affiliate links.
Hope this move by the cc companies shakes out most of the click bait content out there and brings back a little integrity in the industry.
Does “affiliate” also include sites like Credit Karma which “recommends” specific credit cards, seemingly as their major way to keep their site free?
Intuit bought CK not too long ago, so they’ll be ok.
Yes
Just gonna throw this in here, since I expect a lot of eyeballs on this DoC post.
Can anyone give me any advice of what’s the best way to unload my ~1million of Chase UR’s (considering I will NOT use them for travel myself) for $$$?
One idea was selling them to a broker, anyone got positive experience with that? (prob hard in this environment now anyway though…)
Trying to get more than the obv 1ct/pt for it.
Any tips greatly appreciated… 🙂
P:S.: I do have the CSR, so could potentially transfer to partners (but once again: won’t travel enough in the foreseeable future to use them myself, since I already got too many other miles/pts to use up)
I’ll buy 100k for $1,100 1.1 cpp if you were offering. Sadly cashed out 130k points in February thinking the MS game would still go strong until summer. But it’s shut down so no MS’ing and I think Chase will tighten up. If that’s too low for you I understand just thought I’d offer. 🙂
What are you referring to when you say “MS Game”?
Probably Minesweeper or Solitaire.
Pooja, this is a completely underrated comment. I almost spit out my coffee when I read it..
My meaning of the MS Game – Buying $1,000 gift cards from Simon Mall and liquidating via Walmart. I did about 650k last year and 200k so far this year.
Also I asked the WM regular cashier I go to about a week ago when I finished off what I had left and she said I was the only one still doing it. That normally there’s about 20 different people in my area that do it.
Not to mention it’s getting pretty difficult to do one WM that’s MS friendly won’t even sell me 1 single one for $999.12 which requires no ID. A cashier who doesn’t like me for whatever reason always bypasses that part goes into a different screen and submits a Suspicious Activity Report. I have other WM’s I know are friendly though just they’re all so far apart. My ID even got banned due to the SAR but I found a workaround and just don’t use my DL anymore.
I’m done MS’ing, definitely not going back to the $500’s, once you have the $1,000 cards it’s hard to go back. Not to mention lenders are going to tighten up.
The theft is strong with this one.
Um not theft….. lol
Sorry was away from this thread for a bit while taking care of other things
MickeyMouse
Would generally be interested, but how does it work?
Do I have to give you access to my UR account?
Is there a way to avoid the “who goes first” risk?
10% is ok for me, as long as there is no big risk or major headache involved…
P:S.: you said you cashed out “130k points in February”. How? (since even after selling 100k to you, I’ll have a bunch left)
Email me @ [email protected]
I think something through PayPal as a sale would work and protect both ends.
When I cashed out my points I just took the statement credit because at that point I was MS’ing 8k daily on my 1.5% card so 12k Points. Not anticipating this I just redeemed for a statement credit. I think you can also either get a check or gift cards if you’re not transferring to a partner or booking travel.
Anyway, 2 things:
1. looking up the first google link on how to do that (https://thepointsguy.com/guide/transfer-ultimate-rewards-points-hyatt/), it looks like you would have to be an AU on my CC (and be a houselhold member) for me to transfer to you (see point 4 in the link).
2. I still see no real protection going through paypal (I thought about doing tranches to limit the exposure, but in the end everything could theoretically be reversed; even though with your posting history here it seems highly unlikely 🙂 )
Also, a few days ago thx to a comment in a recent DoC post on UR, I now found a way to cash out UR at 1.1cts, even though its a bit cumbersome.
So all in all I think I have to decline your offer, sorry…
The way I was thinking is you create a World of Hyatt account. Transfer the points to your World of Hyatt account. After they are in that account then you can do a point transfer from Hyatt to me.
To create a WOH account and get them over from Chase to your World of Hyatt all in all it takes about 5 minutes.
In the end you’d have my WOH account # that the points were transferred to and if you had another way I’d definitely consider it for 1.15-1.2x.
Anyways that’s the method I was thinking. If that doesn’t sound like it’d work out I understand.