Mar
21
2018
Plastiq.com is a service that will charge your credit card and mail checks on your behalf. (With some vendors they also make electronic ACH payments.)
Duh: Businesses Can Buy Tons of Miles Cheap With Plastiq.com
Credit Cards
Category Archives for Credit Cards.
Giving Up My Don Quixote Quest Against Globalist, Platinum Pro and Honors
Mar
16
2018
I’m a curmudgeon. I refuse to adapt to the language of the day. I almost always refer to “Hyatt top tier elite status” and refuse to type the words “World of Hyatt Globalist status.” Because that’s just dumb.
I hate losing the second ‘H’ in HHonors though I suppose Hilton gets to say what the name of their program is.
Earn Up to 150,000 Avios, Not Subject to 5/24
Mar
16
2018
Chase won’t approve many people who have opened 5 or more new accounts within the previous 24 months for some of their credit cards. That’s frequently referred to as “5/24.”
However some cards are exempt from 5/24, and the number of new accounts you’ve had in the last two years won’t disqualify you from being approved.
American Express Lowering Fees to Merchants, Will This Mean Lower Rewards?
Mar
16
2018
The Financial Times reports on American Express lowering the fees they’re charging merchants in order to drive greater acceptance for their cards. Several readers sent me this link asking for my take, including whether “lower fees would mean less rewards?”
Chase Introduces New Iberia Credit Card
Mar
15
2018
Iberia is great because — although accounts that have been open 90 days and have had some activity can move between Avios programs already — you can circumvent the active accounts requirement and go straight to the Spanish carrier’s program. And that lets you redeem for Iberia flights for far fewer miles, and without huge fuel surcharges.
Despite this deepening relationship with IAG I wasn’t expecting news that Chase would issue an Iberia credit card in the United States.
Marriott and United Cross-Selling Through Chase With Double Points and Miles
Mar
13
2018
United and Marriott offer reciprocal benefits. Chase issues both the United co-brand card and the Marriott card.
So it’s not surprising to see United and Marriott working together through Chase.
Southwest’s Credit Card is Part of Its Hawaii Strategy
Mar
12
2018
Southwest Airlines expects new Hawaii service to drive growth in signups for its credit card.
They also diss on competitors’ basic economy fares and reveal some of the economics behind Rapid Rewards.
New Credit Card Will Offer Rewards in Bitcoin
Mar
09
2018
Instead of earning miles, cash back, or travel credit you’ll earn bitcoin or ethereum.
Somehow merely dropping the word “bitcoin” makes some people believe they have a business model. Blockrize doesn’t yet have a bank issuing partner. And the company’s founder only just “started investing his own savings in cryptocurrency in September.”
Devaluation of Citi Prestige Trip Delay Benefit
Mar
03
2018
One of the great benefits of many premium travel rewards cards is trip delay coverage. If your flight is delayed — the length of delay required varies — you can send the bill to your credit card company’s insurance provider for things like transportation to and from a hotel, your room night, and meals.
Chase Reveals Data Behind Sapphire Reserve Card
Feb
28
2018
Chase revealed several interesting facts about its credit card business in an investor deck this week.
While the average FICO score is 785 that means many cardholders have lower scores, just as they have higher scores. Annual spend of $39,000 sounds high but equates to $3250/month, not low but not as intimidating. I’m intrigued that 90% of users are keeping the card after the first year.
