What 2018 Taught Us What to Expect in 2019 The Future of Credit Card Rewards There’s a reasonable risk of recession some time in 2019. The Federal Reserve has been raising interest rates. Together that means higher cost of capital for banks and greater repayment risk on the credit they extend. As a result I see approval standards for premium rewards cards tightening. Initial cardmember bonuses remain crucial to attracting customers and demonstrating to them that the card has value quickly, in order to encourage moving a new card top of wallet. The fact that Barclays wasn’t successful with Arrival Premier moving consumers to a model of rewarding them after they’ve proven their value to the bank means that issuers can’t move away from big up front rewards. I continue to be impressed by how…
Credit Cards
Category Archives for Credit Cards.
25% Transfer Bonus from Citibank to Turkish Miles & Smiles Through February 20
Jan
27
2019
It’s worth a reminder as well that Turkish Airlines offers some great award redemptions year-round. They add fuel surcharges onto redemptions, their pricing is very reasonable. Just told tell anyone you’re a Gülenist when you redeem your points.
Who Carries a Credit Card, and Who Carries Credit Card Debt?
Jan
18
2019
New Federal Reserve data combined with data from Equifax tells us something about average Americans’ use of credit cards.
Delta’s Awesome Monthly Garage Sale and New Mastercard Feature Protects You From Autocharges
Jan
18
2019
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
One of the Two Best Cash Back Cards is Offering a Signup Bonus (Rare)
Jan
14
2019
The Fidelity Investment Rewards Visa has a signup bonus of $100 cash back after $1000 in eligible purchases within the first 90 days of account open.
They’ve offered this before but not regularly. More often than not this card has had no signup bonus at all.
How to Turn Capital One’s New Mileage Transfers Into Great Trips
Jan
04
2019
The biggest end of year miles and points news is definitely that Capital One has introduced the ability to transfer their miles to a variety of different airlines. That’s a game changer because the Capital One® Venture® Rewards Credit Card is now a double threat. When you spend on the card you earn your choice of 2% back towards paid travel, or up to 1.5 airline frequent flyer miles per dollar spent.
Here are thoughts on how to best transfer your points and book award travel using this new option.
Chase Not Planning to Stop Cardholders From Pooling Points From Multiple Cards
Jan
01
2019
This doesn’t mean Chase will never implement such a rule. And in the meantime I continue to ‘sweep’ points from my no annual fee cards into my premium card accounts each month — just in case — I don’t want to be left with big points balances in less valuable places if the music ever does stop. However it appears this is not something to be concerned about in the immediate term.
Dave Ramsey: If You Collect Airline Miles You’re “falling for stupid credit card tricks”
Dec
30
2018
I’ve used miles to travel the world in a way I never would have expected to be able to. I’ve had some amazing experiences, and done it very comfortably, for a fraction of what it would have cost to purchase these same experiences. I’m humbled and grateful for the opportunities that miles and points have afforded me.
Personal finance guru Dave Ramsey though says it’s all a con.
7 Things You May Not Know About Avios and New Debit Card Earns 5 Miles Per Dollar
Dec
29
2018
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
How Many People Signed Up for Airline Credit Cards This Year? And 100 Years of Flying the Mail
Dec
22
2018
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
