Details Written by: RJ Capital One has restored JetBlue as a transfer partner. Points transfer at a 5:3 ratio. 2,000 Capital One miles = 1,200 JetBlue miles. First reported by TPG Thoughts Not a great transfer rate. Years ago when JetBlue was still an option, the ratio was 4:3. Still not great but better than…
Details Written by: RJ Barclays has extended its cobranded credit card partnership with Wyndham. The press release doesn’t point out how long the extension is for. Under the newly signed agreement, Barclays will continue to be the exclusive issuer of the Wyndham Rewards Earner® Plus Card, Wyndham Rewards Earner® Card, and Wyndham Rewards Earner® Business…
Details Written by: RJ Hyatt is purchasing Playa Hotels & Resorts for $2.6 billion. Hyatt has firmly established itself as a leader in the all-inclusive space, a journey that began in 2013 through an investment in Playa Hotels & Resorts that launched the Hyatt Ziva and Hyatt Zilara brands,” said Mark Hoplamazian, President and Chief…
Details Written by: RJ The Consumer Financial Protection Bureau (CFPB) has been ordered to shut down. Russell Vought, the new director of the Office of Management and Budget, directed the CFPB, in a Saturday night email confirmed by The Associated Press, to stop work on proposed rules, to suspend the effective dates on any rules that…
Details Written by: RJ New JetBlue card is now live: JetBlue Premier Annual fee: $499 ($150 for authorized user cards) Multipliers 6x JetBlue & Paisly purchases 2x Grocery stores and restaurants 1x All purchases Benefits 5k anniversary points each year Global Entry or TSA Pre-check Priority Pass select Up to $300 in statement credit per…
Details Written by: RJ Ally is selling their credit card portfolio to CardWorks PRNewswire/ — Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally’s credit card business, including a portfolio of $2.3 billion in credit…
Details Written by: RJ CNBC is reporting on an American Express settlement with the DOJ American Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations of deceptive marketing, the company said Thursday. Separately, the banking giant will pay $108.7 million to resolve civil…
Details Written by: RJ New reporting from MacRumors states Apple is in talks with three banks to potentially become the new home of Apple Card Barclays Synchrony Chase Talks with Barclays started a few months ago and are still ongoing, likely a ways away from a deal. Chase of course has been kicking the can…
Details Written by: RJ In a recent Reuters interview, Goldman Sachs top boss says the Apple Card contract could end early: “We have a contract with Apple to run that partnership until 2030, although there’s some possibility that it won’t continue until that time frame,” Solomon told analysts on an earnings call. MacRumors Thoughts Don’t…
Details Written by: RJ WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) sued Capital One, N.A., and its parent holding company, Capital One Financial Corp., for cheating millions of consumers out of more than $2 billion in interest. The CFPB alleges that Capital One promised consumers that its flagship “360 Savings” account provided…