AMEX Free Flight Promotion Ending May 31, 2009

I’ve been told that May 31, 2009 (Sunday) is the last day to take advantage of the American Express free flight promotion.

AMEX is offering a 25,000 welcome points along with waiving the $180 annual fee for the first year.  What’s the big deal?  The 25k points are transferable 1:1 to Aeroplan which equates to a free flight anywhere in North America!  So basically, a free vacation for nothing out of your pocket courtesy of American Express.

What’s the catch?  In order to receive the bonus, the card holder must spend at least $1,000 on the AMEX in the first 3 months.  For most of us with regular bills, spending $333/month on a credit card is pretty easy to achieve.

Check out the American Express free flight deal here.

Weekend Reading

Canadian Money Forum has a discussion on finding the best deals on phone, cable and internet.  If you’d like to particpate in the discussion, you can sign in here.

Squawk Fox lists 41 money tips from all sorts of bloggers.

The Strump writes about his new chip enabled visa card.

Canadian Capitalist details the Claymore gold bullion trust.

Jonathan Chevreau asks “are you better off alone?”

Have a great weekend guys and gals!

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  1. Canadian Capitalist on May 29, 2009 at 12:09 pm

    Thanks for the mention! Good job with the Questrade webcast. Have a great weekend!

  2. CD Rates Guy on May 29, 2009 at 4:47 pm

    Excellent deal. I might have to fly cross country this summer! $1000 is very easy.

  3. Adam on May 29, 2009 at 7:55 pm

    Can I take the flight then cancel the card before the $180 dollar fee the following year?

  4. FrugalTrader on May 29, 2009 at 10:09 pm

    Adam, others have mentioned canceling the card before the renewal. I don’t believe it will pose a problem.

  5. Alex. on May 29, 2009 at 10:25 pm

    Thank you for this homepage. To all a happy weekend.

  6. Squawkfox on May 30, 2009 at 11:10 am

    Hey Frugal Trader! Thanks so much for the linky mention. I’ll check out the forum discussion – who doesn’t want to save some cash on communications! :D

  7. Charlie on May 30, 2009 at 3:02 pm

    MDJ, when you say that the free flight deadline is May 31, do you mean you had to have spent 1000 on your card by that date or simply have applied and been approved by that date? Thanks!

  8. FrugalTrader on May 30, 2009 at 3:29 pm

    Charlie, my understanding is that applications have to be in on or before May 31, 2009.

  9. TStrump on May 30, 2009 at 9:39 pm

    Thanks for the mention!
    Really appreciate it.

  10. Dividend Growth Investor on May 31, 2009 at 8:10 am

    Have great weekend as well ;-)

  11. cannon_fodder on June 2, 2009 at 6:51 pm

    I’m an avid Aeroplan member and do some lengthy international travel. Despite that, it still can be hard to get a trip with just 25,000 miles anywhere in North America. Factoring in that you still have to pay all of the surcharges and the dream of a ‘free’ flight anywhere in the continent for only 25,000 miles is just that – a dream.

    Is using the Amex points to purchase something a potentially better deal? I remember using Airmiles for travel last year – not for a trip directly but redeeming Airmiles for travel vouchers at Marlin Travel. That turned out to be a much better use of my Airmiles than towards a flight or vacation package.

  12. Cash Instinct on June 2, 2009 at 10:25 pm

    As of June 2, American Express website still shows the 25,000 points and 180$ fee-waiver in the application page. I don’t know if they will honorate it or not and if the information about May 31, 2009 is official.

    I wanted to apply for a 2nd card but I was waiting a little bit between the two applications… will see!!!

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