American Express Platinum Card Tweaks

Details Written by: RJ American Express has announced updates to the Platinum card Authorized users Additional Platinum cards will now cost $195 each. The old price as $175 for three cards, then $175 per each card after that. Changes are live now for new cardholders and new authorized users. Existing cardholders will receive a letter…

Capital One Adds 48 Month Welcome Offer Rule

Details Written by: RJ Capital One has tightened their welcome offer eligibility requirements: Existing or previous cardmembers are not eligible for this product if they have received a new cardmember bonus for this product in the past 48 months. This seems to apply to all personal cards with a welcome offer. I didn’t see the…

Points Steps Up Cyber Security

Details Written by: RJ Wired is reporting on new findings from cyber security researchers on loyalty programs. The research looks at Points, the company behind running most loyal programs in the travel space. The study was commissioned by Points, who worked with researchers to patch the weaknesses . The research highlights weaknesses in Points Application…

Moody’s Downgrades Bank Credit Ratings

Details Written by: RJ Credit rating agency Moody’s has cut the credit ratings of smaller to mid sized banks. Downgraded banks of note M&T Bank Pinnacle Financial BOK Financial Webster Financial Under review for potential downgrade  Bank of New York Mellon US Bancorp State Street Truist Financial Cullen/Frost Bankers Norther Trust Negative outlook for 11…

Walmart+ Partners With Expedia

Details Written by: RJ Walmart & Expedia have teamed up to offer travel benefits to Walmart + customers. Rewards are paid out in Walmart Cash. 5x Hotels, vacation & car rentals, tours, activities & more 2x Air travel Full press release Walmart Expedia travel page Thoughts I would have guessed Walmart would partner with Capital…