Category Archives for Credit Cards.
Capital One is partnering with Chef José Andrés, the MICHELIN Guide and the James Beard Foundation on a new dining portal that combines curated restaurant recommendations and tables set aside for Capital One rewards cardmembers.
A month after announcing a new rewards checking account American Express is surveying a new business checking account that’s potentially more lucrative.
Most premium Amex customers live in New York city – more than double the number in second city LA. And, it appears, on average they make quite a lot of money even though I’ve nott found it difficult for readers without such high incomes to get approved for Platinum cards.
Earlier I wrote about how Chase is seriously improving the IHG® Rewards Club Premier Credit Card.
It turns out that the card isn’t just adding new benefits. They’ve substantially increased the up front bonus, as well.
Wyndham can be useful for home rental stays (generally 15,000 points per bedroom per night). Aeromexico is limited use, but there are some use cases. The most useful promotion here is with LifeMiles – reasonable award chart, no fuel surcharges, and awards across Star Alliance.
Capital One is adding a new 1:1 mileage transfer partner “in the coming weeks.” Virgin Red.
Chase, American Express, Citi and Bilt all transfer to Virgin Atlantic. Virgin Red is the multibrand Virgin loyalty currency that includes Virgin Atlantic. So this gives Capital One Virgin, too, while also allowing them to say they’re “the first US credit card issuer to partner with Virgin Red.”
The CEO of restaurant chains Fatburger, Round Table Pizza and Johnny Rockets has been under federal investigation for tax evasion. Agents raided the home of his daughter-in-law, whose mother is “Real Housewives of Beverly Hills” star Kim Richards (his son and daughter’s wedding was a plot line in the Bravo show).
During the pandemic credit card companies weren’t adding many new customers for travel credit cards. But customers were still cancelling cards, at least at normal rates. (Banks went to great lengths to retain customers and did stop greater levels of cancellations in most cases.)
But without adding customers to the funnel, portfolios shrank. That’s a major reason we’ve seen such big initial bonuses over the past 6-9 months. And we’ve also been seeing cards get refreshed with new benefits, to remain competitive, to better appeal to new customers, and to address customer preferences that have changed.
Honestly I had to look up what sport the Pelicans played (basketball) but this card is really good for 4% back in a popular earn category without an annual fee.
American Express just announced ‘Rewards Checking’ for U.S. credit card customers. It has no account fees or minimum balances, pays half a percent annual yield on balances, and comes with a points-earning debit card (1 Membership Rewards point per $2 spend). I expect this will be my go-to for tax payments.
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 »
