Wednesday, January 9, 2008

3000 USAirways Dividend Miles for $4.37

If you collect USAirways Dividend Miles, there's a promotion running right now at Sharebuilder.com that gives you the opportunity to earn 686 miles per dollar spent - an AMAZING rate.

Here's how you get the miles:

1. Go to the promotion site: http://content.sharebuilder.com/mgdcon/jump/partner/usair/dmhome1207/

2. Click the 'Open an Account button'

3. Go through the enrollment process. When you get to selecting a pricing program, select the 'Basic' account.

4. Once account setup is complete, you'll need to fund your account. You can do this by setting up a link between your bank account and Sharebuilder (the easiest way) or by mailing a check in to Sharebuilder.

5. Once the account is setup and funded, schedule an 'Automatic Investment' to purchase one share of FCSE (currently trading at $0.37 per share - the cheapest stock I could find). Automatic investments cost $4.00 each and occur every Tuesday (we don't really care when they occur since we're only in it for the miles).

That's all there is to it. What we've done is open an account, fund it, and then buy one share of the cheapest stock we could find - in this case it was a share that sells for $0.37. If you can find one cheaper, the deal gets even better! Keep in mind, this promotion is for new Sharebuilder customers only - so if you've had an account there in the past, no dice. Sorry!

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