I’ve discovered that there are two options that I can find that will help you to accumulate frequent flier miles without using a credit card. This won’t work for everyone as the amounts that they require are rather high, but maybe someone out there is interested.
You can earn up to 50,000 Delta Skymiles for depositing new money into a Fidelity trading account. I know that it requires that $100,000 be deposited, which is a ton of money, but they do have other tiers. If you deposit up to $50,000 you can be eligible for a 25,000 Delta Skymiles bonus. The last tier is if you depost $25,000 then you can be eligibile for 15,000 Delta Skymiles as a bonus.
The money must be a non-retirement funds and if you already have any money with Fidelity then they want new money deposited.
You can earn up to 20,000 Starwood Preferred Guest points for dropping money into a new TD Ameritrade account. They have three different tiers:
- $25,000 in new funds=20,000 Starwood Preferred Guest Points
- $10,000 in new funds=10,000 Starwood Preferred Guest Points
- $2,000 in new funds =3000 Starwood Preferred Guest Points
They also have a slew of terms and conditions including the fact that the funds must be new funds, non-retirement, bla bla bla. You can check it out but it is a great way to get some additional points if you are so lucky as to have a few dollars sitting in your bank account earning .00000001% interest.
I see both of these as great offers for someone who has the funds. I hope it works for someone out there so we can help them to travel and do it in luxury. Starwood hotels include Sheraton, Bliss, Weston, W Hotels, etc. Some of those I’ve never even heard of. I know that they are spendy though.
So when I go to Europe someday I’ll have to use all of my Starwood points so I don’t get robbed paying for hotels. I’m just building points everyday like the rest of you. I want to see the world, without paying the costs. We want to help you to do the same.
Here is a link that can help you to accumulate up to 25,000 Starwood Preferred Guest points in addition to the 20,000 that you can get from the TD Ameritrade offer above. That means that this blog has helped you to find about 10 nights in a category 1 hotel for nothing. Can’t beat that: