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.
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Several South American countries have approved the American Airlines joint venture with LATAM, and American has expected to receive approval from the U.S. In a surprising move, the Chilean Supreme Court has overturned the country’s regulatory anti-trust approval of the deal citing limited competition and barriers to entry. Presumably with US regulatory approval American and LATAM will move forward with their joint venture excluding US-Chile from the arrangement.
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.”
There are amazing fares between Los Angeles and Shanghai in business class the last third of the year on Hainan Airlines, which reportedly offers the best inflight product of any mainland Chinese carrier.
These fares are available from New York as well to Shanghai and with slightly higher pricing to Beijing, Guangzhou, Shenzhen and Fuzhou
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.
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.
If this is true it’s monumentally stupid on the hotel’s part. If the rapper believes it’s true then he shouldn’t settle for an apology, he should sue the hotel for no other reason than to be able to subpoena documents and emails and depose witnesses. And assuming the subpoenas aren’t quashed the hotel would be in a position of having to pay out in a significant way to avoid embarrassment (and then presumably make copies of emails and documents disappear so to avoid a rinse, repeat scenario).
United Airlines President Scott Kirby declares that new low cost carriers cannot succeed because United will match their pricing. Kirby’s view seems extremely misguided for four simple reasons.
Bank of America has several lesser-known but still excellent rewards credit cards. They will approve at most 2 cards every 2 months, 3 cards every 12 months, and 4 cards every 24 months. That limit applies to Bank of America cards only, rather than being like Chase which looks at the cards you’ve opened from all sources.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
