Monthly Archives

Monthly Archives for December 2016.

What the Rewards War Means for Bank Costs — and Its Only Just Heating Up

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Dec 26 2016

The Financial Times ran a ‘big read’ piece last week on the battle for customers between credit card issuers, and featured my advice getting started with rewards and credit cards.

The piece began with a hypothesis from the author that blogs like this one have helped educate consumers about the value of points, and really compare offerings, so that consumers are much better at discerning differences — and therefore banks are having to really spend more to compete.

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Inside the New Kuwait Airways Boeing 777-300ER: World’s Cheapest Premium Long Haul Airline Gets Brand New Product!

Dec 26 2016

Kuwait Airways no longer flies between New York JFK and London because it would have had to carry Israeli passport holders to do so under US law, while the government of Kuwait does not recognize the state of Israel.

But they do fly non-stop between New York and Kuwait City. And they offer one of the least expensive premium products in the world. Historically that premium product has been awful (and they’re a dry airline to boot) but it’s cheap. For instance, here’s Cairo – New York JFK in business class for $592.

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