American Express Premier Rewards Gold Card: 25,000 Points Sign-Up Bonus + Double Points on Gas & Groceries

American Express is promoting a new charge card called the Premier Rewards Gold Card from American Express®, which is different from their other Gold/Gold Rewards/Platinum/Precious Metal cards.

Since this is the new card being pushed, it has the best sign-up incentives for new cardholders:

  • Earn 25,000 Membership Rewards bonus points when you spend $2,000 in your first 3 months of Card membership. MR points are very versatile, and can be converted to 25,000 frequent flier miles in a number of programs (or 10 Southwest credits), or you can simply get $250 in gift cards at several stores like Home Depot, Crate & Barrel, or Macy’s. I think you can also get cash equivalents at a reduced ratio.
  • Offers 3X points on airfare, 2X points on gasoline at U.S. stand-alone gas stations and at U.S. stand-alone supermarkets, and 1X points on other purchases. The traditional versions only offer 1 point per $ spent, so the double points on gas and groceries are an extra perk, although the annual fee is much higher at $175.
  • No annual fee for your first year. Another important feature, you can get the sign-up bonus and also try out this card for free for a year.
  • Earn 15,000 Membership Rewards bonus points when you spend $30,000 within one calendar year. This means that if you spend $30,000 in a year ($2,500 per month) that you’ll get at least 15,000 for sign-up + 30,000 on spending + 25,000 bonus = 70,000 points total, plus any extra for gas/groceries/airfare. That’s enough for 60,000 frequent flier miles or 2.5 free flights on Southwest (40 credits). Terms and Restrictions Apply.

Free Incorporation / LLC Service From MyCorporation

Update: This offer has expired, but there is a coupon code CABIN-20D good for an additional $20 off their $49 dollar LLC or Incorporation filing package. Net price under 30 bucks!

In case your plans include formalizing your business ventures, MyCorporation is offering their LLC formation and incorporation filing services for free until 1/31 with the coupon code MYFREE. You must still pay shipping fees and the filing fees charged by each state.

Free Corps & LLCs: Regular price of $149 is being waived when coupon MYFREE is used to obtain discount. Document shipping, state fees, publication fees, and additional product fees are additional. Discount valid for orders placed for a new corporation or limited liability company only. Prices subject to change without notice. Limit one discount or coupon per order. Coupon is not valid on any other product or service. You must enter/mention the coupon code at the time your order is placed. Coupon or discount is not valid on previous orders. Refunds/credits/adjustments will not be issued on prior orders.

MyCorporation is owned by Intuit, makers of TurboTax and Quicken. I view such online incorporation services as similar to TurboTax for taxes. Yes, you could fill out your 1040 tax forms manually, but it’s much easier to go through a question-and-answer software that walks you through it and explains the steps. However, if you’re talking about a huge business or something that is complex, then you should hire a professional to handle it (accountant for taxes, lawyer for incorporation).

When I formed my S-Corporation, I used one of their primary competitors LegalZoom and paid about $150 for the service – not including the state filing fees and shipping – so having it done for free seems to be a great deal. (I’m sure they’ll try to upsell you some additional services.) It was good to have someone look over the forms before submitting, while avoiding thousand of dollars of fees from a lawyer for our little venture.

The decision between staying a sole proprietor/partnership or forming an LLC/corporation is not always simple. If you’d like to dig into the details, I recommend the book LLC or Corporation? How to Choose the Right Form for Your Business from Nolo Press. I chose to go the S-Corp route primarily for the payroll tax savings.

(You can even have a LLC and chose to have it taxed as an S-Corp, as if things weren’t confusing enough!)

Cancel Your Sprint Contract Without Penalty – Success Stories [January 2010]

This is just a reminder that as of 1/1/10, Sprint is changing their contracts to add a “Regulatory Charge” of 20 cents per month. Despite the name, this is nothing but an increase in your monthly plan cost, as it is not a consumer tax nor is it required by law. Because of this voluntary fee hike, you can now cancel your Sprint contract without an early termination fee (ETF). You must do this within 30 days of notification (check your billing statement).

After some early pushback, it appears that most Sprint reps are now aware of this legitimate out. Commenter Stephan also shared a handy script that has been used successfully by several readers:

“Hello. I’m calling about my current contract with Sprint and the new 40 cents per line regulatory charge that Sprint will be introducing this January. The latest Terms & Conditions contract I signed with Sprint was in [year], and under that contract, it specifically states that as a Sprint customer, I have the right to terminate my contract without paying an early termination fee in the event that Sprint makes a material change to its agreement with me, and so long as I notify Sprint of my desire to do so within 30 days of such a change. This new 40 cent per line regulatory charge constitutes a material change to the Terms & Conditions agreement I signed, and therefore, I would like to exercise my right under the agreement to terminate my contract without any early termination fee.”

A few testimonials:

I called today read the script that Stephan wrote and it was like magic.. she didn’t argue just said.. ok sir.. but you will need to wait to cancel till Jan 1st 2010 and forward me to her managers voicemail to state thats what I want to do.

The beauty of information on the Internet! I ordered two Iphones with At&t last week and placed my call today with Sprint. The call took maybe 35 seconds. All I mentioned was “I want to terminate my contract and port both of my numbers to another carrier because of the 2010 regulatory charge”. The sprint rep said “you’re certainly entitled to do that sir”. Then, he gave me a confirmation number which waived the EFTS on both lines. The end. I already ported one Iphone today, working great.

I gave the spiel that Stephan scripted out above, and it worked like a charm:) I was put on hold for about 10 minutes and when the rep came back on the line she told me that I was set up to terminate on January 26th. (This is because my billing cycle starts and ends on the 26th. They cannot prorate, they set the termination at the end of your current billing cycle so keep this in mind.)

If pressed, you should always focus on the fact that they made a material change to your contract and by law you are allowed to cancel without a ETF. Don’t get sidetracked by your satisfaction with your phone, coverage, etc. If you don’t get satisfaction immediately, either ask for a supervisor or simply hang up and talk to another customer service representative. Good luck!

Update: Instead of *2, you may find it faster to call Sprint’s Cancellation (formally called “Retentions”) department directly if you run into long hold times. Try 888-567-5528, 800-235-1185, or 888-211-4727.

Free $10 Restaurant.com Certificate

Reader Bill offered a helpful comment about the promotional site FeedItForward.restaurant.com where you can give and receive free $10 certificates from Restaurant.com until Christmas.

However, I wanted to point out this offer is tricky in that you have to weigh the benefit of getting a $10 certificate for free or simply buying a $25 certificate for $2, since most restaurants have a minimum purchase requirement and you can only use one certificate per visit.

The way the math works out, if the restaurant requires the same minimum purchase of anything over $12, you’re better off buying the $25 certificate for $2. Let’s say you want to spend just $15. With the $10 certificate, the final net cost is $5. With the $25 certificate for $2, the final net cost is only $2.

A common scenario is a $20 minimum purchase for the $10 certificate, and a $35 minimum purchase for the $25 certificate. As long as you plan on spending at least $35, then you’re much better off buying the $25 certificate for $2. Getting $20 worth of food would end up with a net cost of $10. But getting $35 worth of food would only end up with a net cost of $12 ($2 for the $25 certificate + $10).

Run a search at Restaurant.com first to find a place you like and carefully note their specific restrictions.

80% off Restaurant.com: $25 Certificates for $2

Restaurant.com is offering a 80% off with the coupon code SANTA until 12/25 , resulting in a $25 “certificate” for just $2. (Update: Promo code CHEER is good until December 31st, 2009.)

Despite my initial skepticism about these things, many readers responded that they indeed found these certificates very useful in savings some money.

Here’s how the savings math might work out. You find a restaurant on the list that you like that usually runs around $20 + tip per person (~$48 for a couple). You buy a $25 certificate for $2, which usually comes with a $35 minimum purchase + 18% required gratuity on full price.

Dinner for two = $40 regular menu price
Minus $25 certificate = $15
Plus cost of certificate ($2) = $17
Plus 18% gratuity on menu price = $7.20Total price = $24.20, or $12 a person including tip

$12 including tip is pretty good for a dine-in restaurant, with the primary caveat being that you find one on their list that you like (or the gift recipient likes).

Free $4 Credit at Amazon.com (Video on Demand)

Visit any page inside the Amazon.com Video on Demand store (such as Transformers 2) and click on the link below the preview that says “Have a promotion code? Redeem a gift card or promotion code” and enter AVODGIFT.

While intended to be towards a VoD rental purchase, when I tried basically just increased my gift certificate balance by $4 and you can use it for anything. Credit expires 1/3/10. Enjoy!

Promotional offer valid for a limited time only and subject to change. Promotional offer is valid from 12/23/2009 through 01/03/2010. Your code must be used by 01/03/2010 11:59 PM PST and may be redeemed only for purchase (on ownership or rental basis) of digitally-formatted movies or TV shows then available at Amazon Video On Demand.

Ohio CollegeAdvantage 529 Bonus Extended to Dec. 18th

For those that missed out, I just got an e-mail that the CollegeAdvantage 529 $25/$50 referral offer deadline has been extended to December 18th, 2009.

Deadline for Refer a Friend program is extended to December 18, 2009! Earn $50 for you and $25 for your friends and family!
You now have a few more days to earn a $50 referral bonus for your CollegeAdvantage account. You can earn a referral bonus when your friends and family open a CollegeAdvantage direct account by December 18, 2009. And they’ll earn $25 just for opening the account! All they need is your CollegeAdvantage referral number (which is your account number) and they can easily enroll online at www.collegeadvantage.com to receive the bonus. New accounts must be opened by December 18, 2009 in order to receive the referral bonus.

Under this promotion, college savers can get $25 for signing up (w/ my review), $50 for referring others, and $25 for starting up automatic deposits. Altogether, a couple could earn $150 free for their kid’s education this way. If you need it, my CollegeAdvantage referral code is 2439350.

GoDaddy New Domain Registration $0.99

Been thinking about that perfect website idea? GoDaddy.com is offering a 1-year domain name registration for only 99 cents with coupon code BUYCOM99. This is valid for new domain registrations and transfers from other registars only, and not renewals of domains already at GoDaddy.

Register or transfer any available .COM, .US, .MOBI, .BIZ, .NET, .ORG, .CA, .CO.UK and .IN domain for just $0.99!*
Applies to the first year only of new or transfer registrations. This offer may not be used for renewals, bulk registrations, premium domains or Sunrise/Landrush domain registrations. Limited to one order per customer, expiring after 7,500 redemptions or on December 29, 2009 (whichever comes first).

Gogo Inflight Free WiFi Coupon Codes

With the holiday flying season underway and me flying out today as well, and wanted to see if I could try out some internet at 30,000 feet. Gogo Inflight Internet is now offering WiFi internet on select Air Canada, Airtran, American, Delta, United, and Virgin America flights. See here for participating aircraft.

Here are some promotional codes that will provide you with one free session of GoGo. They are good once per account. However, supposedly you can sign up with any name and any e-mail address with no confirmation system (no credit card needed either with the code), it seems like they are pretty much offering unlimited free internet until these expire. I hope I can get it to work! Via FlyerTalk.

Expire 12/31/2009
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AIRTRANTRYGOGO
AATRYGOGO

Expire 1/7/2010
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2472564126dvu
2285632980tlk

MicroPlace: Buy a $20 Gift Certificate, Get $20 Free

Here’s a good last-minute gift idea for socially conscious friends – a $20 gift certificate to MicroPlace, which provides loans to low-income entrepreneurs. They have a B1G1 holiday promotion where if you buy a $20 GC, you get another $20 to send to the person of your choice for free (could be you if you wanted). Ends December 31st.

The cool thing about this gift is that you’re not just giving $20 to some charity “in their name” that they’ll never see. They get to help out a poor borrower, then then when the loan matures they get $20 + any interest! Your friend can then spend it however they wish (thus making it better than some Best Buy gift card), or reinvest in another microcredit fund. Thus the whole “gifts that keeps on giving” slogan. And you get $40 for spending $20!

Give a Gift that Keeps on Giving
Give a unique and special gift this holiday season. It is a gift of connection, a gift of hope, and a gift that believes that poor people can use their ingenuity and hard work to break out of the cycle of poverty.

Your gift can help fund loans to poor people who could start a business, save, and work their way out of poverty. And when you purchase a gift certificate of $20 or more on MicroPlace, we’ll give you a free gift certificate of $20 to send to someone else on your shopping list!

I now have over $2,000 invested at MicroPlace and also $2,000 invested at LendingClub (P2P Lending).

Cancel Sprint CellPhone Contract Without Early Termination Fee

If you are under a Sprint cell phone contract and want to get out, check your statements with a billing date in December. PhoneNews.com is reporting the the following verbage from Sprint:

Regulatory Charge/Ts&Cs Changes
Effective 1/1/10, the Regulatory Charge will increase to $0.40/line. Visit Sprint Ts&Cs or sprint.com/taxesandfees for details; also effective 1/1/10, the Sprint Terms & Conditions (Ts&Cs) are changing. Please review them carefully at sprint.com or on request.

It would appear that the regulatory charge that Sprint is choosing to pass onto you is connected to the change in T&Cs. This is important because the law states that if a company makes a material change to the contract, then the consumer has the ability to exit the contract without an early termination fee (ETF) if they notify Sprint within 30 days of the notice.

You may terminate each line of Service materially affected without incurring an Early Termination Fee only if you: (a) call us within 30 days after the effective date of the change; and (b) specifically advise us that you wish to cancel Services because of a material change to the Agreement that we have made. If you do not cancel Service within 30 days of the change, an Early Termination Fee will apply if you terminate Services before the end of any applicable Term Commitment.

Since Sprint themselves state that this is a change in the Terms & Conditions, it should be possible to exit your contract without an ETF. They’ll probably make it difficult, and you might need to speak to a supervisor. I did this a few years ago with Verizon, and they canceled my number on the spot and I had to get a new one. But with the ease of number porting nowadays, you might be able to coordinate things so that you can keep your number after making sure you won’t be charged any penalties for canceling.

Added: As to whether this is a “material” change. The .20 increase is NOT some government fee that is passed straight to you. It is NOT required by law. Sprint could choose absorb it into their other costs, or only include it for new customers on new contracts, but they chose to increase it in this way. Think of it this way – 50 million customers times 20 cents per month = $10 million per month in additional revenue.

Bing Cashback: 20% Off Walmart.com & eBay.com

If you’ve been shopping online for a while, you’ve probably heard of cashback shopping “malls” or sites like eBates which offer you a bit of money (or miles or points) back on your purchases made through them. I could have sworn I wrote a post about this already, but anyway, the new kid on the block is Bing Shopping brought to you by Microsoft.

Here’s some of the fine print:

A waiting period (of up to 60 days) and $5 minimum applies to payouts. To earn your cashback, stores will provide us (Microsoft) non-personal info about your purchase, and you will need to provide us with personal information (like your email address above) to create a Bing cashback account. We may use this information to personalize your online experiences, and will treat all your information in keeping with the Microsoft privacy statement. cashback is available only for personal purchases made during your store visit directly from the Bing site. You cannot use coupons or discounts. See Bing cashback terms. Additional store terms may apply.

If you follow the rules, right now you can get some pretty sizeable cashback, including 20% off Walmart.com and 20% off eBay.com purchases*. These stores carry many items that can be hard to find at an additional discount. For example, Walmart sells Apple iPods and eBay sells gift certificates and physical gold.

Always look for an link that looks like this, with the Bing cashback coin:

For example, I just bought an Ooma Hub & Scout from Walmart for $229 minus 20% ($45.80) and also a $25 Walmart gift card, for a net price of about $158. Otherwise, the lowest I could find from various price comparison sites is the price at Amazon of $215, although in some states you may be able to avoid sales tax. After finishing checkout, I immediately received an e-mail saying that I’d get $45.80 after 60 days payable to my PayPal account.

* Visit bing.com/shopping and run a search for “sony”. Look for an ad about cashback from eBay (see above). Click and you should see this image at the top to confirm your 20% cashback: