I haven’t been writing much about travel recently, for reasons that are probably obvious. Travel doesn’t exist at the moment! At least not in the same way it used to.
But it will again, especially with all that we’ve learned in the past year and vaccination well underway. I’m convinced that when it does, there will be some amazing deals and opportunities. (My friend Gary Leff called it the New Golden Age of Travel, and I’ve thought about that metaphor several times in recent months.)
I also haven’t written much about travel hacking, a field I still have an interest in but just don’t spend much time with these days.
All that to say, there’s a pretty cool new offer available. It can get you 110,000 points towards free travel, or even just $1,100 in cash back if you prefer. Just to make that clear: you can get at least $1,100 in value, even just cash if you prefer, and there’s no annual fee or even a credit check.
There’s one big catch that I’ll mention upfront: you have to have a business registered as an S-Corp or LLC in the U.S. Sole proprietors don’t count.
(Can you create one to get this offer? Well, it doesn’t say you can’t… but honestly, I’m not sure. That’s on you.)
How It Works
- You’ll earn 80,000 points by spending $1,000 through the account (on whatever you want), plus another 30,000 points by linking accounts and spending an additional $2,000
- There’s no annual fee, and no credit check required. This is different from a credit card, since it’s designed for business cash management.
Again, the offer is quite simple: if you have a U.S.-registered business, a financial services company called Brex is handing out 110,000 points or $1,100 in cash back just for opening an account.
Do they have too much venture capital money? I guess we’ll find out in a few months! But for now, might as well take them up on their offer if you can.
What You Can Do With the Points
The best value you can get is by transferring the points to an airline partner once you know where you want to travel. (If you’re not thinking of international travel much these days, that’s okay. The points will stay in your account until you’re ready.)
Like I said, I’m not doing much international jetsetting these days—no one is—but the time for such things will return. In days of old, I used Frequent Flyer Miles to take some amazing trips, including Emirates First Class (with an on-board shower!) four times, and even a 12-hour stay in the world’s only in-flight apartment from Etihad Airways.
Points transfer on a 1:1 basis to your choice of eight airlines, including Cathy Pacific and Singapore Airlines (my favorites) as well as JetBlue, Emirates, Air France, Qantas, Avianca, and AeroMexico.
With a bit of effort, you should be able to get a lot more than $1,100 in value from 110,000 points. However, if you prefer, you can simply open the account, complete the spending requirement, and cash out for an $1,100 payment. (Yep, really. This reflects a rate of $0.01 per point.)
I just applied and it took me 10 minutes. I got an email that said my application was processing. The next business day, I got another email saying it was approved. Whoo hoo!
I’m now working on spending the first $1,000 (one trick is to prepay any expenses, or you can also buy gift cards) and then once that’s done I’ll work on the second $2,000.
I’ll use the points for post-pandemic travel as soon as the world opens back up! If you qualify and $1,100 is worth 15 minutes of your time, I’d definitely recommend you apply.
*Note: the referral process is currently a little unclear. If asked for a referral, use the code “s1zaDnL” with no quotes. You should be eligible for the bonus without it, though.