What Happens to Your Bank Points When You Die (and How to Prepare Now)

credit cards
Jul 19 2018

In light of news that Anthony Boudrain had included his frequent flyer miles in his will, I wrote about how each of the major airline and hotel programs handle miles as part of an estate and what you need to do to make sure your points can be used by whomever you intend.

What I didn’t cover at the time was how transferrable bank points work when you pass away. And it turns out know this is even more important.

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Insights into How Credit Card Payments Work From the CEO of Plastiq

telephone with overdue bill
Jul 18 2018

Bill payment service Plastiq charges your credit card and then pays the bills you ask them to. That way you can earn credit card rewards for bills you might otherwise pay by check (currently only Mastercards allowed for mortgages), and benefit from convenience and float, charging something at the beginning of a credit card billing cycle and paying it off at the due date weeks after the end of the cycle.

Their CEO did an AMA on Reddit and offered some interesting insights into payments and their business plans.

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8 Things I Learned From United’s Earnings Call

united
Jul 18 2018

United Airlines held its earnings call this morning. The airline’s stock price jumped with release of their performance for the second quarter and during the call.

Since earnings beat estimates it was a more upbeat call than many of United’s recent run-ins with the investor community. It also largely focused on how they plan to drive earnings growth despite potential geopolitical and fuel price challenges.

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Hyatt Introduces New Earn or Burn Points for Experiences Website

tours and adventures promo
Jul 18 2018

For a company invested in being an experiential brand outside of hotel stays, trying to earn a revenue premium by ‘helping you be a better you’ through acquisitions live Miraval and Exhale Spas, Hyatt has been behind its competitors in offering experiences outside of its hotels through its loyalty program.

More options are better, and it’s worth giving these a scan. There isn’t the exceptional value, scale, or true scarcity to the bulk of these experiences. But some of them are going to be interesting, and the value per point is fair though not outsized.

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