Credit Cards

Category Archives for Credit Cards.

Earn 100,000 Avios Plus A Rebate Up To $600 a Year, Too

airplane cabin
Sep 17 2020

I like the British Airways Visa Signature® Card a lot more than I did before Chase updated the card with new benefits. This is the first card that ever had a six figure initial bonus offer in the U.S., it has a companion award ticket you can earn make it worth considering, but it’s the rebate up to $600 a year when you book award tickets that’s most enthralling.

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The Surprising Reason American Express Says Spending On Airlines And Hotel Cards Is Strong

Jul 27 2020

During the American Express second quarter earnings call, CEO Stephen Squeri offered a number of insights into their credit card business and travel benefits.

The company is seeing lower rewards expenses because the highest cost rewards are usually travel rewards, and that’s not how people are spending their points. There’s also less usage of travel-related benefits. I was surprise though that Delta, Marriott, and Hilton cards have been outperforming other American Express cards.

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Amex Offering Cardholders $50 To Shop At Small Businesses

Jun 29 2020

American Express conjured up a holiday, Small Business Saturday, in a pique of marketing brilliance. They wanted to promote card acceptance with small merchants in a drive to reach parity with Visa and Mastercard, and promote awareness among their own cardmembers that Amex is accepted at small businesses.

American Express has a new small business promotion now – an ‘Amex Offer’ you can add to one personal card that will give you a $5 rebate on up to 10 purchases of $10 or more (total $50) at eligible small businesses.

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Isn’t It Risky To Lend $5 Billion To MileagePlus When United Keeps Devaluing The Program?

credit card with chains wrapped around it
Jun 20 2020

Lenders are putting up $5 billion against United’s MileagePlus. They have a huge interest in making sure the currency remains as attractive – or becomes even more attractive – to program members, to assure the revenue stream needed to pay back the loans.

Yet credit card companies have had ‘anti-devaluation’ clauses in their co-brand agreements for years and it hasn’t done any good. Here’s why.

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Dangerous New Practice: Hotel Adding 3% To Bill For Accepting Credit Cards

Jun 20 2020

The Home2 Suites by Hilton at the Kansas City airport adds 3% to customer bills for ‘credit card processing’ though apparently when pushed they’ll remove the fee.

The truth is that it’s cheaper to accept credit cards than other payment methods, and it’s an underhanded tactic no different than a resort fee to impose a hidden add-on on customers. Why should a customer have to cover a business’s cost to accept their money, on top of the cost of the product they’re buying?

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