Category Archives for Credit Cards.
Bilt Rewards shared that they would introduce points-earning on mortgages, that there would be a new credit card value proposition, and new benefits coming.
Now they’re out to members with a note describing an upcoming survey about changes they’re considering to the Bilt credit card – that will be going out in the next 48 hours.
Bilt Rewards is back with its Rent Day offers for February 1. The headline here is up to a 100% transfer bonus to Star Alliance program Avianca LifeMiles.
This appears to be new language. The card has covered unlimited guests in the past. I’ve reached out to Capital One for clarification about whether this is a hard limit that’s already gone into effect, or just a change in marketing language.
Bilt’s first Rent Day of 2025 has an elite status offer with Accor hotels as its headline affair. Accor has 55 brands, with a huge footprint in Europe and they’re large in Asia as well. Some of their most recognizable are Fairmont, Orient Express, Raffles, Novotel and Sofitel.
Mesa offers a points-earning ‘mortgage marketplace’ and a no annual fee credit card that earns points for paying your mortgage (up to 100,000 points per year). The card has been in limited release with a wait list, but they say it will be opening up broadly during January.
The Consumer Financial Protection Bureau has launched a broadside against credit card rewards programs. I spoke with CFPB’s Director, Rohit Chopra about the effort.
The agency warns that several aspects of credit card rewards programs – like devaluations – may violate the law, that retail (store) cards are often poor value, and that consumers can be misled by tools that purport to suggest the best product for them.
Alaska Airlines announced this week that the move to a single loyalty program with Hawaiian Airlines will come this summer, and that they’ll also launch a premium credit card at that time.
Brett Catlin, Alaska’s Vice President of Loyalty, Alliances and Sales, shared some additional details about the card’s companion award certificate with me.
Capital One is offering up to 56,000 miles for signing up with Yieldstreet via Capital One Offers. The real value here is you need to open an account, but it doesn’t look like you need to fund the account or invest.
American Airlines and Citibank have entered into an agreement to extend their cobrand credit card agreement by 10 years. This deal pushes out Barclays, and makes Citi the sole issuer of American Airlines credit cards in the U.S. starting in 2026.
We will start to see points transfers from Citibank to American AAdvantage and likely more.
This morning Bilt is out with a new message to program members that reveals a real pivot in strategy. The message is ‘we’re not just a credit card’.
In this message they lay out some of their vision for 2025, walk through their economics, and drop what I view as something of a bombshell.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
