Buzzfeed has an interesting bit on 16 items they only sell in chinese walmarts. Basically there are some things you’d guess based on cultural norms such as rice and a large selection of chopsticks. Then there are the crocodiles, frogs, etc.

This is why I’m a big advocate of visiting supermarkets and stores such as Wal-mart when traveling. They can provide great insight into a country’s culture. You also get to see how global chains have adapted to a local market. Some people might shun visiting a McDonald’s when travelling but I definitely want to try a McAlooTikki from India.

 

So last week I finally get the chance to try a KFC Double Down. For those of you that don’t know the KFC Double Down is a new “sandwich” that forgoes bread. It’s two slices of bacon and two slices of cheese between two pieces of chicken. I knew that when I first saw the double down it’d be one of those things you have to try just to try.

First things first I had to locate KFC in my city. Where I live has a decent population of approx 250,000 people so you figure there’d be a couple of KFCs right? Nope. I used KFC.com to find the nearest and only location near me and it was in a part of town I couldn’t quite picture.

The reason I couldn’t picture where it was is because only KFC near me was on the other side of town in a really bad neighborhood. How bad? The drive through window was not a window at all. In order to deter robberies you paid and got your food through a thick plexiglass drawer.

The KFC Double Down isn’t a cheap sandwich. The sandwich alone is $5 and the meal is $6.99. The meal comes with potato wedges and a drink.

At first I was kind of excited to try the double down but after a couple of bites I start to notice the thing is REALLY salty. The sauce that they use with the sandwich makes it even saltier. This makes sense when you look at the nutrional facts and see that the original recipe double down has 1380 mg of sodium.

One of the things that this sandwich did remind me of is that KFC’s chicken breasts are pretty bland and pretty much suck. Not only did the sandwich not taste that great, I felt like crap for a couple hours after eating it. I’ll probably never eat another double down again, but at least I can re-tell of the experience when this sandwich is shelved.

One good thing I got out of this experience is that I found out the wedges from KFC are pretty good.

 

Money Relationship is hosting the carnival of personal finance #258 this week. He’s got some great photos of cities at night as the theme. A lot of the photos jogged memories of those cities I’ve been to (Hong Kong, Chicago, Dallas, etc.) and some I plan on visiting real soon (particularly London and Paris).

My post involving saving money on movie tickets through Fandango was included in this edition of the carnival.

 

This is a detailed post on how I saved $32 off of $68.50 in movie tickets and ended up paying $36.50 for five 3-d movie tickets (which are usually higher priced). Hopefully you enjoy the post and learn some new tricks. Feel free to leave a comment and add your own tip/trick.

My girlfriend wanted to get tickets to take her 3 younger siblings out to see Shrek 4 in 3d which comes out this Friday. Since tickets would most likely be sold out the plan was to buy the tickets online ahead of time. The total on Fandango would have been a whopping $68.50 for2 adult and 3 child tickets! Here’s how it would’ve broken down:

2 adult tickets x $14.50 = $29
3 child tickets x $11.50 = $34.50
Also Fandango charges a $1/ticket convenience fee
5 tickets x $1 = $5

For a grand total of $68.50. Note that this doesn’t include the overpriced soda or snacks and generally I don’t indulge in them unless it’s free or heavily discounted.

Yes, I know you can save 100% by not going to the movie or waiting for it to come out on DVD but there are children and Shrek in 3 dimensions involved so let’s not digress. Let’s move on to the savings:

The first step involved taking advantage of the 2 for 1 Shrek movie ticket offer available on the Fandango Visa Signature page. Basically to get the deal you need to use a Visa Signature card (most Visa credit cards generally are). You can enter the first six digits of your card to see if you’re eligible. The 2-for-1 offer covers the convenience fee and the price of the ticket up to $19. You won’t be able to use any fandango bucks or other claim codes with this offer so I purchased two adult tickets separately. The total amount was $31 for two tickets minus $15.50 from the claim code was $15.50 for two adult tickets. $15.50 spent, $15.50 saved.

If you don’t have a Visa Signature card you won’t be able to take advantage of the next savings strategy outlined in the next paragraph but read on. I’ll talk about other ways to cut costs.

On the same page of Fandango Visa Signature offers there’s a deal for discounted 20% off Fandango Bucks which can be used to purchase movie tickets. You essentially pay $20 for $25 worth of Fandango Bucks. Since you plan on purchasing the tickets anyway it makes total sense to buy the Fandango Bucks at a discount. I bought one $25 gift card for $20. $20 spent, $5 saved.

If you don’t have a Visa Signature card but have a discover card, you can get 10% cashback on Fandango Bucks purchases through ShopDiscover.

The next step involves going on eBay and purchasing a 2 for 1 Fandango coupon. This is also useful if you can’t get in the visa signature 2-for-1 offer. The coupons generally sell for $1 or so and that’s the price which I nabbed one at. $1 spent.

So going back on Fandango I set up another transaction to buy 3 children’s tickets at $11.50 each and $3 in convenience fees ($12.50/ticket). The total is $37.50 but I redeemed the 2-for-1 coupon I nabbed off eBay which knocks $12.50 off and brings the total to $25. I then apply the $25 Fandango Bucks gift card which I got earlier at a discount. $12.50 saved (from the 2-for-1 code applied to one of the children’s tickets).

Total spent for 2 adult and 3 child 3-d movie tickets $36.5.

So in the end I went from $68.50 to $36.50. Was it worth it? Definitely, the whole process took me less than an hour total and I saved $32. All it required was a bit of advance planning. Well, that’s it, hopefully you gained something from this post for the next time you purchase movie tickets.

 

The carnival of personal finance #257 was posted today over at Canadian Finance Blog. Even though he’s a “foreigner”, I’m sure personal finance basics are pretty much the same up north. ;)

My post the complete overview to dining for miles on Rewards Network was included in this edition of the carnival.

 

This is a complete overview and guide including tips, tricks, and strategies to maximize earning on Rewards Network. I’ve been a member of Reward Networks (formerly iDine) for quite some time but I’ve never really looked into the program or consider it as a source of miles. This is why finally decided to do extensive research and post everything I discovered. I enjoy eating out and love accumulating frequent flier miles and hotel points so why not get both done at the same time?

What is Rewards Network? Rewards Network allows you to dine at various restaurants and bars to earn miles across a variety of frequent flier and point programs of your choice. I’m only interested in the airline miles/hotel points so I’ll only list those dining programs here:

Currently I’m enrolled in the American Airlines, United and Hilton HHonors programs. Technically these dining programs are separate but you’re allowed to sign up for each of them as long as you use a different credit card with each (more on that later).

How does it work? The premise is simple. The first two steps are initial setup.

  • You sign up for a dining program for which you wish to earn miles/points towards.
  • You register your credit card which you plan on using when dining.
  • Locate participating restaurants & bars.
  • Dine at participating location.
  • Use your credit card to pay.
  • Your dine is automatically recorded and should appear in your Rewards Network account in 5-10 days.

I first joined this program thinking I would passively stumble across participating restaurants and earn miles. It didn’t happen that way because I generally don’t eat out much and when I do eat out it’s generally at the same 2-3 locations. Looking at the participating restaurants on Rewards Network got me to try new restaurants and earn a good amount of miles at the same time.

How do you earn miles and what’s the reward structure? The membership structure is divided into three tiers and how many miles you earn depends on which tier you are in. I’ll use the American Airlines Dining Program here on out as an example.

  • Member. This is a person who has joined but does not have an online profile setup. You earn 1 mile per each dollar spent.
  • Online Member. You have an online profile and choose to receive e-mails from AA Dining. You earn 3 miles for every dollar spent.
  • VIP Member. You meet the online member requirements and you have 12 or more qualified transactions in the calendar year. You earn 5 miles per dollar spent and generally more bonus offers.

The miles earned per dollar spent not only includes the bill but the amount paid for tax & tip. Obviously the most beneficial and lucrative earning potential is at the VIP Member level. 12 transactions may seem like a lot but I’ll talk about how to get there easily.

Fast track to becoming a VIP Member. Using conventional wisdom the quickest way to get the qualifying 12 dines would be to eat out at participating locations 12 times. However there are a couple tips and tricks you can use to get there faster.

  • Quick meals add up. I’ve noticed that some areas have fast food locations that participate. I don’t have any participating fast food locations by me or condone eating too much fast food but this means you can stop by and enjoy a burger and fries for a couple bucks and rack up a dine.
  • Split up transactions. If you decide to go out to a participating location try ways to get multiple charges on one visit. For example if you sit at the bar first, pay for your drinks with your card. This counts as a qualifying transaction. Then have your meal and use your card to pay again and this is another qualifying transaction. You’ve just earned two qualifying transactions in one outing. Also, if you’ve registered for multiple dining programs with different cards you can ask to split the check between the cards.
  • Have a drink or two. There’s a bar near me that I’ve visited several times and never realized that they participate. Grabbing a beer or two here and paying would be a very quick and cheap way to rack up a dine.
  • Buy gift cards ahead of time. Let’s say you’re planning on having a big dinner at a restaurant where the bill would amount to say $300 and you only have 10 dines in the program. This would mean you would earn 3 miles per dollar or roughly 900 miles for this dine. The smart thing to do is go ahead of time and buy 2 gift cards for say $25 and $25 (best to do on separate occasions to avoid transaction looking like duplicates or do different amounts). You’ll still earn 150 miles (3 miles/$) for the $50 in gift card purchases but you’ll also have 2 qualifying dines to get you to VIP status where you’ll earn 5 miles for each dollar spent. For the $300 dinner tab you’ll redeem both your $50 worth of GCs and pay the remaining $250 balance which would net you 1,250 miles. So for a dine which you would’ve earned 900 miles originally you’ve now netted 1,400 miles (1,250 + 150).

Also note that buying gift cards ahead of time is good for earning miles for restaurants/bars that don’t participate on certain days (usually Friday and Saturday). Now that you’re a VIP member you’ll earn 5 miles per dollar spent here on out. You’ll also receive more bonus offers and opportunities.

Bonus, bonus and more bonuses! Every now and then the various dining programs will have different bonuses. AA Dining recently had a 500 miles for a $10+ dine and United currently has a 500 mile bonus for every $75 spent. These bonuses are on top of your regular earnings.

You only get access to the different bonuses if you’re a member of that particular dining program. This is why I recommend joining all the various dining programs that you already accumulate points and miles on. The various bonuses help to pad your account plus the activity keeps your miles/points from expiring.

Tips to avoid bad restaurants. I mean unless you’re dining solely for the miles you want to have a good dining experience right? I would not rely on the restaurant ratings on the dining program websites because they seem to be overrated. This is why if I find a participating location I check out reviews from other sources such as Yelp to get a better idea of the place. Using this method for screening restaurants I’ve found that there are a lot of bad restaurants participating in the program which makes sense as they’re trying to attract customers. However I’ve also discovered really great restaurants that participate in the program.

Make sure you’ll earn miles on the visit! Some restaurants and bars only participate on certain days of the week so make sure you can earn miles on the day of your visit. As I mentioned before you can still earn miles if you buy gift cards ahead of time. Also some restaurants do not allow miles to be earned on certain credit cards used even if they accept them. Usually this is the case with either Amex or Discover. The restaurant will accept the card for the purchase but you won’t get miles for them. Check the restaurant’s info page on Rewards Network to make sure they accept that card to earn miles.

Remember that these earnings are on top of your credit card rewards. If you have a cash back or miles card you’ll still earn the rewards from dining through your card issuer. If I use my Citi AAdvantage card which nets me 1 mile per $1 spent with my dine that nets me 6 miles per every dollar spent. If you dine out a lot 6 miles per dollar spent adds up very quickly.

Maximize the situation when you’re eating out with people who don’t care about miles and pay cash. Collect the cash and offer to pay the table’s tab. With a group of people you can earn thousands of miles each time.

 

This weekend I went out to eat at a local IHOP. Upon lining up to pay I realized the manager behind the counter was asking everyone who was paying with a credit card for identification. When I reached the register I realized there was a sign that stated their policy of requiring ID credit cards transactions and this policy has been in effect for close to a decade. I didn’t refuse to show ID or anything as I pick my fights and there was quite a long line.

The sign states “AS OF DEC. 1, 2001 NO VISA, MASTERCARD, AMERICAN EXPRESS, DISCOVER, DEBIT OR ANY OTHER CREDIT CARD TRANSACTIONS WILL BE ACCEPTED WITHOUT THE PROPER IDENTIFICATION”. In the past I wrote a post entitled “Top Five Credit Card Myths” and the ID requirement was myth #1. Check out that post if you want to see the sections of the merchant agreement that state ID is not required.

The policy at this IHOP clearly goes against the merchant agreement with Visa, Mastercard, etc. To add that they even state in the next part of the sign “SORRY FOR THE INCONVENIENCE, WE ARE JUST FOLLOWING CREDIT CARD COMPANY PROCEDURES”. No, you’re not! Also if anyone called their bank or credit card company they would inform you that a merchant can ask for ID (or anything else) but cannot make it a condition of acceptance.

Normally if it’s a mom and pop shop instituting a minimum charge or ID requirement I wouldn’t care but IHOP is suppose to be a national franchise. This policy is clearly a local one put in place by either the uninformed franchisee or manager. The part where the sign says they are following credit card company procedures is the part that bothers me the most because it probably leads some people to believe the ID requirement is true. I use to work in a business that took credit cards and people would be fuming when I didn’t ask for identification even if their signature was similar to the one on the back of their card.

 

I’ve been trying to order American Express gift cards off their website and I keep running into a problem where my orders are denied because I am supposedly exceeding the quantity or dollar values. The problem is I am not since you’re allowed $5,000 in gift card purchases every 14 days. The last time I had a successful gift card order was almost a month ago on April 6th, 2010.

You get an e-mail from American Express stating your order was denied and why. You are also given a number to call for American Express Gift Card services.

The frustration starts when you call American Express Gift Card customer service. I’ve had repeated calls about several orders and I get increasingly annoyed each time. First I’ll tell them that my order was denied for going over purchaser limits and I believe this is in error. They will ask for the order number and then put me on hold to do “research”. After a couple minutes they will come back on the phone and repeat what I just said to them in that I was over purchaser limits. I have to then explain to them why I’m not over the purchaser limits and they usually agree after using math to figure out my last successful order was more than 14 days ago.

Here’s where it gets really frustrating and 2 or 3 of the customer service reps have tried to pull this one. They will tell me to call my bank and get the issue fixed with them. This is clearly not the issue at all because the charges do go through and it’s the gift card services department at Amex that denies the order, not anyone else. The biggest frustrating factor is that the CSR simply doesn’t know how to solve the issue so they are trying to get you off the phone.

The biggest issue lies in the fact that these agents that you are able to talk to on the phone have no ability whatsoever to approve or deny gift card orders. The last person I spoke to the on phone finally admitted this, they are simply there to take orders and whatnot. There is also no way to contact the back end which approves/cancels orders.

So I think I give up.

 

On May 16th, 2010 I will be participating in the AIDS Walk New York which is a charitable event to raise money for organizations that promote prevention and fighting AIDS. AIDS Walk events will also be in San Francisco (July 18th), Wisconsin (September 19th) and Los Angeles (October 17th).

Here’s the deal. The minimum donation is $25. If you donate $25 or more I will create a new post linking to your blog thanking you for your donation and giving a general description of your blog. You get to feel good about yourself in addition to the link to your blog. Put your blog’s title in your donation so it’s easier to tell who it’s from. Leave a comment on this post also.

You’re also free to donate if you don’t have a blog and just want the good karma. :)

Here’s a link to my fundraising page.

 

In an earlier post I talked about how JP Morgan Chase closed all my credit cards without warning. I’ve given up after several attempts at talking to various people in lending operations to get my accounts re-instated. I’ll just access the damage and move on.

Credit card products. I really enjoyed the Chase Cash Rewards which netted me 5% cash back on gas, supermarkets and drug store purchases. It was also one of my oldest cards.

Credit lines and credit scores. Across five personal cards with Chase I had about $20k total in credit lines. These lines no longer factor into my available credit and raised my utilization percentage. The resulting drop in my FICO score was from 780 to 710.

No more first class tickets to Europe. I was attempting to spend 30k on the Chase British Airways card to get the 2 for 1 voucher to redeem two first class tickets to Europe at the end of year. What’s ironic is the actions on this card caused all my cards to be closed. Since Chase only gave me a 5k limit I overpaid the card on purpose to get more spending power and this set off a flag causing my accounts to be reviewed and closed.

While I won’t be able to get first class tickets to Europe anymore on British Airways the good news is that I still have 100k miles with them. This is good enough for two one way business class tickets there. I also have enough miles on American Airlines to redeem two one way tickets back. Although I won’t be flying in style on British Airways, at least I’ll be able to do the Europe trip.

Lifetime ban from Chase? I’ve talked to other people who’ve had all their credit cards closed in the past and it seems they’ve never been able to get another credit card from Chase. The only reason I would like to have a Chase card again is that they are partnered United/Continental Airlines and I’d like to earn miles on those airlines through CC purchases.

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