Details Witten by: RJ Plastiq has filed chapter 11 bankruptcy in Delaware. Priority Technology Holdings is emerged as a stalking horse bidder to acquire Plastiq Business Wire VTF reports – This is not a liquidation, and if all goes according to filings in day one proceedings there shouldn’t be an interruption in service. Thoughts Bankruptcy…
Details Written by: RJ Chase held an Investor Day presentation where they announced the ‘Freedom Rise’ card. The card name had previously been discovered in Trademark filings a few months back. The slide (page 54) shows the card set to launch later in 2023. “Leveraging the strategic advantage of our branches to help new-to- credit…
Details Written by: RJ Capital One has updated the terms and conditions for Capital One Travel. Capital One offers price drop protection on flights booked via the portal. Previously the difference would be credited back to your Venture X card. Now all refunds will be issued as a credit. Updated terms Thoughts Small but annoying…
Details Written by: RJ Multiple media outlets have reported Choice Hotels is interested in purchasing Wyndham Hotels. It’s not confirmed if Wyndham has interest in a merger, though it seems the two companies are in early discussions. Reuters Thoughts Personally I don’t have much experience with either chain. Wyndham does seem to be a sleeper…
Details Written by: RJ Hilton has announced the launch of a new extended stay property line under the working title: Project H3. Billed as a lower scale property for travelers booking 20 or so night stays. These properties will be apart of the Hilton Honors points system. Deliberate Design: This product will reimagine core design…
Details Written by: RJ United has quietly implemented a massive points devaluation of ~33%, going as high as 50% in some cases. The examples I’ve seen are mostly for transatlantic flights. These devaluations also extend to partner airlines. United doesn’t publish an award chart. Prices/points increases have been identified by playing around with flight options.…
Details Written by: RJ Citi has added Accor Live Limitless (ALL) as a new hotel transfer partner. Citi Thank You points can be transferred at a 2:1 rate. You still need a Citi card that allows for transfers like the Premier or Prestige. Transfers can be made in increments of 1k points. OMAAT is valuing…
Offer Details Written by: RJ Requirements Open a new Benefits checking account. $1k minimum balance. Keep account open 6 months. The bank doesn’t specify the requirements, aside from keeping the account open for 6 months. I’m adding in the $1k balance because they do advertise it a lot. This is a guess. Eligibility FL -…
Details Written by: RJ US Bank has launched a new business card. DoC is reporting this card was created to help with the conversion of the Union Bank cards that US Bank acquired in the recent merger. Business Altitude Power Annual fee: $195 Multipliers 2.5x Mobile wallet purchases ($5k in spend per quarter) 2x All…
Details Written by: RJ Citi Pay Credit is a digital-only credit card and dedicated line of credit for customers to make purchases at participating retailers that offer Citi Pay Credit. Highlights of Citi Pay Credit include: Independent line of credit: Citi Pay Credit provides a new credit line that is separate from the Citi® credit…