🛫 Travel, Points & Miles
🛫 New Federal Airline Rules: No Hidden Fees & Automatic Refunds
The D.O.T. recently introduced new rules for airlines to improve passenger rights, including easier refunds for cancellations or delays and upfront disclosure of fees, but these changes are only expected to be in effect later this year. To recap, you’re due for a refund if:
- Your flight is canceled or significantly changed (3+ hours domestically or 6+ internationally) and you decline alternative options.
- Your checked baggage is delayed for 12+ hours (domestic) or 15-30 hours (international).
- You pay for services like Wi-Fi or seat selection and they are not provided.
Refunds should be issued automatically without a request and received within 7 business days for credit card payments and 20 days for others. They should be given in the original form of payment, not as vouchers (unless you choose), including the ticket price and all associated taxes and fees.
🤑 Latest Deals
💰 WeBull's Massive 2% Brokerage Bonus
This might be the biggest non-retirement brokerage transfer bonuses I’ve ever seen. You can earn 2% on all inbound transfers up to $5m (meaning the bonus is capped at $100k). I don't experience with WeBull, but they are a member of SIPC, which gives you $500k protection and they have their other protections listed here. The 2% is paid out over 2 years and transfer need to happen by 7/31/23. Full details are here.
💸 $530 Bank Bonus from SoFi
SoFi Checking & Savings customers with a new direct deposit can earn a bonus of up to $300 on qualifying deposits until 7/31/24. This even works for existing customers who haven't done a direct deposit before. Even better, unlike many other bank bonuses, SoFi savings is paying 4.6% APY. Additionally, Swagbucks is offering a $230 bonus for new SoFi customers who set up a direct deposit of $400+ and you can use this link to get $10 bonus with a new Swagbucks account.
📦 Amazon Prime Day: July 16-17
Amazon is celebrating their 10th Prime Day from July 16th to 17th. The Verge has a guide to finding the best deals and Amazon is already listing some of the deals here. There aren't many deals I'm excited about, but if you need a set of AirTags, the 4-pack is on sale for $75.
You might also want to check out these Amazon-related Amex offers:
- Spend $400 at Amazon and get 1,500 points - can be done up to 3x times until 8/30/24.
- Add an eligible American Express Card to your Amazon Wallet to get $15 off $15.01 or more with code AMEXPD15OFF
🕵️ Great Finds
👨👩👧 Debunking the Biggest Parenting Myths
Did you know most parenting advice isn't always based on real data? Emily Oster’s books and blog, ParentData have helped Amy and I make countless data-driven decisions as parents, so it was amazing to get to have her on the show this week on episode #183 to debunk some of these shockingly common misconceptions.
👩🏻🔬 4-Week Sprint Program for AI Founders (Apply ASAP)
Two good friends of mine, Jake Knapp and John Zeratsky, run the venture firm Character Labs and they are offering a 4-week sprint program for pre-seed founders building in AI. They reopened applications and the deadline is tomorrow, 7/14 at 11:59pm CT. I've learned so much from Jake and JZ and highly recommend applying if you want to work with them.
🏠 The American Elevator Problem
I really enjoyed this NYT OpEd that highlights the skyrocketing costs of housing in America through the lens of American elevators. Turns out that thanks to complex regulations and labor issues, elevators in the US cost cost 4x more than in many other countries. It's a fascinating read.
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