Did Chase Really Close a Sapphire Preferred Account for a Transfer among Friends?

From chase.com:

Bottom line: the transfer of Ultimate Rewards points between the Chase accounts of friends, neighbors, and internet strangers is expressly forbidden by Chase. This rule appears to be enforced sometimes, as seen in the examples on FlyerTalk.

What I Learned at the First MileValue Dinner

Friday night 12 readers and I met at Guelaguetza Restaurant near downtown Los Angeles for the first ever MileValue dinner. Eating, drinking, and socializing lasted the better part of three hours.

Before, during, and after the dinner I had a chance to talk with everyone about their upcoming trips, miles-redemption strategy, and miles-earning tricks.

Amazing tips were circulated by readers. One person brought a pen and paper to take notes, and I think we all wished we had. Two tips in particular stood out to me.

Nuggets 7/20/12

I'm busy preparing for the first ever live MileValue.com seminar in Honolulu that starts in 10 hours, so I'll summarize a few interesting nuggets you may have missed.

We all get jealous when we hear that other people have been targeted for better sign up bonuses than the best publicly available credit card offers. Thepointsguy has a way to check whether you've been targeted for any Chase offers lately.

How to Book Any PointBreaks Hotel for $35/night

This post will tell you how to book any hotel on the list of Priority Club's PointBreaks for only $35 per night.

Whenever Priority Club announces its new list of PointBreaks hotels, the miles' world pays attention. The hotels on the list that may ordinarily cost hundreds of dollars a night go for 5,000 Priority Club points for a limited time. The new list is valid for stays through July 31.

As loyal readers know, I'm not big on hotel rewards programs; I usually get a better deal pricelining as I explained here.

The Five Types of Frequent Flier Miles

There are five basic types of frequent flier miles. I'll detail each, including how best to take advantage of them. Then I'll explain why it's important to diversify across the types (not just across frequent flier programs.)

1) Region-to-region based miles. American, Delta, United, US Airways, etc

Region-to-region miles are the most common type of miles. These miles can be redeemed according to award charts, so a flight from North America to Europe costs a certain amount of miles regardless of where in North America and where in Europe and regardless of the (valid) routing.