American Airlines Considers Not Reneging on Lifetime Admirals Club Commitment

world map in lounge
Sep 30 2019

Beginning November 1, both United Airlines and American Airlines will follow Delta and restrict access to their clubs to members who are flying the airline or one of its designated partners the same day.

Delta still lets lifetime club members have the access benefit they purchased. United and American have publicly said they will not, adding the new access restriction even for those members. However American told employees they’re reconsidering.

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Goldman Sachs Spent $300 Million Developing the New Apple Card. Then Apple Claimed They Built It.

iphone 5s
Sep 30 2019

Developing the Apple Card turned out to be a huge drain on Goldman‘s IT resources: Goldman Sachs spent $300 million “to build it” and “[w]hen early testing of the software this spring revealed a security vulnerability, Goldman reassigned thousands of engineers from around the firm to patch it, people familiar with the matter said.”

Yet somehow Apple’s line on the product is “Designed by Apple, not a bank.”

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Huge Changes to Delta American Express Cards, and New Limited Time Offers in October

Sep 30 2019

American Express is increasing earn on some cards, adding new benefits, and taking away others while increasing annual fees for new cardmembers (and at renewal for existing cardmembers).

New perks will include access to Centurion lounges for Reserve cardmembers. The re-launch of benefits and earn will happen effective January 30, 2020 and the limited time offer will run October 1 – 30, 2019.

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