Credit Cards

Category Archives for Credit Cards.

What Will A Banking Crisis Do To Miles And Points?

Mar 15 2023

The big co-brands have all become such expensive deals that only the biggest banks could swallow them. So your airline credit card isn’t going to disappear. And the big banks are also the only ones that have been able to afford to stand up their own rich transferable points programs which can outcompete airline cards.

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Credit Card Rewards Aren’t “A Tax On The Poor,” Here’s Who Actually Pays For Your Points

credit cards
Mar 04 2023

Big merchants like accepting credit cards, because it’s a convenient way for consumers to pay, and puts money right in their bank accounts. But that comes at a cost, which they’d rather not pay. They want the government to legally require banks and payment networks to provide their services for less.

Retailers don’t want to come out and say this, of course, so they cloak their argument in doing good… for the poor, whom they claim are the ones paying credit card fees. And they claim that rewards cards, which bring in bigger spenders who buy more and are more expensive, especially hurt the poor. That’s not actually true.

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Bilt Targets 5x Earning To Lock In Customer Spend With Amazon, Food Delivery, And Cell Phone/Internet

Feb 22 2023

This is highly valuable to me personally. It makes the Bilt Mastercard the most lucrative card for Amazon spend (more valuable than the 5% back Amazon Visa because I value Bilt points at a minimum of 1.7 cents apiece) and the most lucrative for food delivery as well.

But I’m most interested in the strategy because of what these spending categories have in common.

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