You can buy IHG Rewards points at any time for 0.7 cents each by booking and
canceling Cash and Points awards.
Not exact matches
If free night is declined, reservation is
cancelled, or check - out occurs before fifth night, the free night is forfeited
and has no
cash,
Point, or Reward value.
* RBC Rewards
points are earned on qualifying net purchases only; they are not earned on
cash advances, balance transfers,
cash - like transactions
and certain bill payments, interest charges or fees,
and credits for returns
and adjustments will reduce or
cancel the
points earned by the amounts originally charged.
Asia Miles are earned on qualifying net purchases in single receipt only; they are not earned on
cash advances (including balance transfers,
cash - like transactions
and bill payments that are not pre-authorized charges that you set up with a merchant), interest charges or fees,
and credits, for returns
and adjustments will reduce or
cancel the
points earned by the amounts originally charged.
There's no incentive for them to
cancel your miles on account of bankruptcy,
and no other creditor would seek to have you sell them to repay a debt because the terms
and conditions say that the
points «have no
cash value
and are void if sold, purchased, brokered or bartered.»
It does correlate the award price with the
cash selling price, but Southwest has recently been running sales for Thanksgiving week,
and when you book an award with Southwest
points you can always
cancel without penalty or reprice the award for fewer
points if the price drops.
Dear
Cashing In, After my wife lost her job last year, we didn't want to
cancel our vacation so we combined our
points and miles to get as much as possible for free.
The cost per
point in this method is only 0.7 cents each,
and if you later
cancel the
Cash +
Points award you will get the points back instead of the
Points award you will get the
points back instead of the
points back instead of the money.
The trick is that, if I was to
cancel this booking, IHG Rewards would refund 35,000
points to my IHG Rewards account rather than refunding me both the
cash and points that I used — I would have essentially purchased 20,000
points for $ 97.75 (0.489 cents /
point).
The «trick» here is that, thanks to the way IHG process refunds, if I were to
cancel such a reservation, rather than refunding me 15,000
points and $ 99 in
cash, IHG will refund me 45,000
points.
Once the request to redeem Scotia Rewards
points for
cash has been submitted, you can not
cancel the request
and no changes can be made.
Imho, you would have to generate significant amount of reward eligible purchases with that additonal 50 cent
points per $ 100 SPENDING to make it appear worthwhile the hassle of remembering (usually right) before December EACH YEAR to ask Rogers / Fido (other than towards Rogers / Fido store / stuff) for your hUge
cash payout as next January statement credit ONLY; thus finally getting back ~ all Fido / Rogers» 2.5 % FX fees you loaned / paid them except FX fees Fido / Rogers bank keeps from any purchase returns /
cancels / reversals, atm
cash /
cash advance needs
and any
cash - like transactions (e.g., pre-paid load, «lottery tickets, casino gaming chips») in «foreign currency» where you get zero / no rewards rebating them.
Just book a
cash and points award
and then
cancel it.
Book a 5000 + $ US60
cash and points, then
cancel.
I hate having
cash fare
cancels on southwest because then I have to track the old confirmation # (s)
and those expire in 12 mos from booking whereas
points bookings go back to account
and taxes back to card.
Second, you get full refundability on nonrefundable fare bucket pricing:
Canceled points tickets go right back into your
points bank
and are not locked to one passenger as a
cash purchase would be.
If 4th Reward Night Free reservation is
cancelled, or check - out occurs before the 4th night, the 4th Reward Night is forfeited
and has no
cash or
point value.
* RBC Rewards
points are earned on qualifying net purchases only; they are not earned on
cash advances, balance transfers,
cash - like transactions
and certain bill payments, interest charges or fees,
and credits for returns
and adjustments will reduce or
cancel the
points earned by the amounts originally charged.
* RBC Rewards
points are earned on qualifying net purchases only; they are not earned on
cash advances (including balance transfers,
cash - like transactions
and certain bill payments), interest charges or fees,
and credits for returns
and adjustments will reduce or
cancel the
points earned by the amounts originally charged.
In the event your Account is terminated or
canceled for any reason, no refund will be granted, no online time or other credits (e.g.,
points in an online game) will be credited to you or converted to
cash or other form of reimbursement,
and you will have no further access to your Account.
It means it's designed to last to age 100 or longer,
and typically includes a
cash value component to it, meaning if you
cancel at some
point, you may get
cash back that's building up in the policy whereas term doesn't return your premium.