Tag Archives for chase.
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.
After Chase introduced their Sapphire Reserve Card they immediately took a $200 – $300 million hit to their bottom line. They took another $330 million charge in the just-completed second quarter for rewards expense.
The strategy then for making money on affluent customers moves to cross-selling, which is why they’ve offered points bonuses for new mortgages. Here’s the next stage.
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.
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.
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.
You’re costing Chase more than they expected, and they’ve revealed how much more to investors.
Air France KLM Flying Blue is a transfer partner with several major bank currencies. And award space using those points can be amazing with 4 or more business class seats to Europe throughout the summer.
On Wednesday I attended a briefing with Chase and Hyatt executives about the new Hyatt co-brand card that launches today. I’ll have more on that today.
We talked through the reasons for the new card benefits and had time for some question and answer. I asked about Chase’s “5/24” rule.
I’m just back from flying ANA roundtrip first class Houston – Tokyo which I booked for 120,000 Virgin Atlantic miles per person.
Since I’m writing now about my ANA first class experience and overall trip to Tokyo and Shanghai it seemed to make sense to write about just how easy it is to book the seats currently.
Delta saver business class awards between US and Europe are supposed to cost 70,000 miles each way unless you’re using SkyMiles to fly on a Delta airlines partner in which case they charge extra miles. At least that’s the theory.
Delta charges what Delta wants to charge sometimes. But you can do something about it when you book.
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 »
