Points, Miles, and Murmurs: Chase Tweaks, USBank Tumbles, and Alaska Takes Off

Hey awardtrail friends, buckle up! Today's news is a mixed bag of tweaks, devaluations, and delightful bonuses. We're seeing some big moves from Chase, a reality check on Emirates' A380 hype, and even free money from Alaska (if you're quick!). Let's dive into what these changes mean for your points and miles strategy.

Chase's Co-branded Card Shuffle: Aeroplan and Targeted Bonuses

First up, Chase is playing chess with its co-branded cards. The Aeroplan card is losing its "Level Up" perk in 2026, but gaining a potentially more lucrative (for big spenders) SQC earning opportunity. Is this a net positive? It depends on your spending habits. If you're a high roller, this could be a faster track to Aeroplan status. Meanwhile, Chase is also dangling up to 7x points on groceries, gas, and grub for targeted cardholders through Q3 2025. Remember to check your email and activate those offers if you're lucky enough to be targeted! And the icing on the Chase cake? The possible integration of Ultimate Rewards points with Coinbase. Could we be buying crypto with UR points soon? Only time will tell!

USBank's Altitude Reserve: A Value Descent?

Not all news is good news. U.S. Bank Altitude Reserve cardholders are facing some significant devaluations in late 2025. Reduced earning rates on mobile wallet spending and limited travel redemption options are a definite blow. However, the glimmer of hope lies in the potential addition of transfer partners. Will this be enough to offset the negative changes? It's a wait-and-see situation, but it's definitely time to reassess if this card still fits your strategy. Are those transfer partners going to be good enough to offset the negative news?

Alaska Airlines: Taking Flight (Literally!)

On a brighter note, Alaska Airlines is spreading its wings, adding new routes from Seattle to London and Reykjavik. Plus, they're offering up to $50 off your next flight just for signing up for their Mileage Plan! Free money? Yes, please! This is a no-brainer for anyone not already in the Alaska ecosystem, and the new routes offer more exciting redemption opportunities.

Reality Check: Emirates A380 Business Class and Other Quick Bites

Ever wondered if that Emirates A380 Business Class flight lives up to the hype? According to one blogger, maybe not entirely. It's a good reminder to temper expectations and read reviews before redeeming those hard-earned points. In other news, Luxury Escapes has an Amex Offer for 8% back (up to $350), and Capital One is offering up to $1,000 for opening a business checking account. Plus, don't forget those gift card deals for extra points and miles!

So, what's the takeaway? The rewards landscape is constantly shifting. Stay informed, adjust your strategy accordingly, and don't be afraid to jump on those limited-time offers. Keep an eye on those devaluation dates and always, always read the fine print!