BANKING: Frequent Miler breaks the news that Office Depot will no longer stock Vanilla Reload cards. For those of you not in the know, people were using these in conjunction with the Chase Ink business cards to get 5% back on all their purchases… Just a reminder that PenFed has a 2.75% 5/5 ARM with no closing costs. PF Digest is tempted… Ways to join PenFed are listed here.
PERSONAL FINANCE: Occupy Wall Street is threatening to actually do something useful by forgiving peoples’ debts. If they really wanted to stick it to the man, they’d teach people the simple but legally dubious ‘get rid of student loans by transferring them to credit cards’ trick… Meanwhile, folks are taking to craigslist to find loan cosigners. What could possibly go wrong?… Meanwhile, scammers using Hurricane Sandy to enrich themselves. Generosity is wonderful, but be smart about it… And courtesy of FWF, I learned that Redskins rookie running back Alfred Morris drives a 1991 Mazda 626. As somebody who likes inexpensive transportation, I really like this Morris guy all of a sudden.
TRAVEL: Hack My Trip makes the moral case for working the travel system. Preach on, brother… On a related note, an interesting discussion at Flyertalk on why airlines rewards programs can have a tendency to favor people who are good at racking up miles instead of people who spend money.