For those of you who, like me, are always on the lookout for more ways to spend a lot on your credit card and get most of it back, here’s another possibility: get a cash advance from your hotel.
I have no idea how many hotels offer this option, but according to one reader the London Park Lane Sheraton offers up to 50 GBP per day as a cash advance, fee free. The cash advance is charged to the room as if it were a non-points earning charge (such as internet, for example). Since it is charged to your room, it will not look like a cash advance to your credit card company. In fact, if your card offers extra points for hotel spend, that should apply here as well!
Sure, it’s not a ton of money, but it just may be worth asking, next time you check into a hotel, whether they offer fee free cash advances. You will get credit card points and, in exchange, you’ll get cash that could be used directly or deposited back into your bank. Maybe it will even make those end of year mattress runs just a wee bit sweeter.
Tip of the hat to Brent for this one! Has anyone else seen this? Please, let us know!