Kraken Securities, yes, the crypto folks, are offering a pretty sweet deal: a 2% bonus for Kraken+ members who transfer their stocks or ETFs to them. The offer is valid until November 30, 2025. Here's the catch, and why it matters to us travel rewards enthusiasts: you have to be a Kraken+ member (which costs $49.99/year, but you can grab a free trial), and the bonus is paid out in USDG crypto.

So, why should you care? A 2% bonus is nothing to sneeze at, especially on larger transfers. The strategy is to sell the USDG immediately and buy back into stocks or ETFs. You'll need to hold the transferred assets for a year to keep the bonus. However, Kraken doesn't support dividend reinvesting, so keep that in mind. Also, remember that this involves crypto, so proceed with caution and do your own research to make sure you're comfortable.

The blogger is a bit hesitant, citing concerns about the crypto aspect and potential issues with cost basis transfers. But if you're willing to do your homework, this could be an easy way to boost your investment returns and, indirectly, fund your next award trip! Just a reminder that NY, Maine and Washington state residents are excluded from this offer.