The question, I think, is whether the feature will be used in the future to pre-reserve a limited number of spaces in the lounge. It’s the only way I can see this feature being useful at all.
Credit Cards
Category Archives for Credit Cards.
The 4 Best Rewards Cards From Barclays
Now that Barclays has pulled new applications for the Arrival Plus card from the market, as they re-evaluation their branded card (and lending) strategy, what are the best Barclays credit card options?
There are some gems in the portfolio, and in fact the one card I feel like I missed out on is a Barclays product.
20% Bonus Transferring American Express Points to Qantas
Last week American Express added Qantas Frequent Flyer as a Membership Rewards transfer partner.
Normally points transfer 1:1 from American Express to Qantas in 500 point increments. However through June 30 they’re offering a 20% bonus on transfers from American Express to Qantas.
Capital One Reveals Air France KLM June Promo Awards and 20% Miles Transfer Bonus
Capital One® Venture® Rewards Credit Card and Capital One® Spark® Miles for Business cardholders gained the ability to transfer to airline frequent flyer miles late last year.
At the time Capital One shared they’d be adding airline points transfer partners. And when they ran an Emirates miles transfer bonus in March they shared that there would be more transfer bonuses to come. They added JetBlue as a transfer partner, and highlighted it with a transfer bonus in May.
Breaking: American Express Adds Qantas Frequent Flyer as New Mileage Transfer Partner
American Express Membership Rewards points now transfer to Qantas. Points transfer 1:1 in 500 point increments instead of the usual 1000. Qantas is also a transfer partner of Capital One and Citibank, so there are plenty of ways to get and pool points into Qantas Frequent Flyer for US customers.
Goldman Sachs Likely to Lose Money on New Apple Credit Card
Citibank pulled out of advanced negotiations with Apple to be the new issuer of a co-brand card that will now launch from Goldman Sachs this summer. According to a report “J.P. Morgan Chase, Barclays and Synchrony, also bid on the business.”
One bank staffer is said to have texted a Goldman Sachs executive, “Dude, if that portfolio ever makes money, I’m buying you a beer.”
Will Chase and Citibank Eliminate the Priority Pass Airport Restaurant Benefit Too?
American Express confirmed that Priority Pass cards they provide to customers will no longer provide a dining credit at airport restaurants effective August 1.
That naturally leads to a great deal of speculation about whether other card issuers will do the same thing. Here’s what I’ve uncovered.
Starting August 1 U.S. American Express-Issued Priority Pass Cards Will No Longer Give Airport Restaurant Credit
American Express has confirmed to me that U.S.-based cards offering Priority Pass will no longer provide credit in participating airport restaurants going forward.
Effective August 1 “the Priority Pass Membership benefit offered on American Express Platinum and Centurion Cards and Hilton Ascend, Hilton Aspire, and Marriott Bonvoy Brilliant™ Cards will no longer include complimentary access to non-lounge airport experiences.”
Will American Express Eliminate Priority Pass Restaurant Access? They’re Doing it in Hong Kong
We’re seeing what may be the beginning of the next big restriction on bank-provided Priority Pass cards: American Express has notified Hong Kong cardmembers that effective August 1 Priority Pass cards that come with their Centurion, Platinum, Peninsula Platinum, and Cathay Pacific Elite credit cards will no longer offer “non-lounge airport experiences” such as restaurants, cafes, and bars “where food/beverage credit is offered instead of entrance into a traditional airport lounge.”
This would cut American Express’ costs to issue these cards significantly, and be a huge cut in cardmember benefits. The worry here is that it could spread (1) to other American Express markets, and (2) to other issuers. I have asked American Express what their plans are for this restriction and will share anything that I learn.
Steve Jobs Had a Vision for an Apple Credit Card. This Summer’s Launch Moves Away From It.
When the new Apple Card becomes available this summer, dedicated Apple fans may rush to it. It’s worth knowing that the card isn’t as good as competitor products in the market and actually moves away from Steve Jobs’ original vision which was points for Apple products, not cash back.