Details Written by: RJ WSJ is reporting lawmakers are set to introduce another bill aimed at credit card swipe fees. This is very similar to a bill presented last year that didn’t make it too far. This time around there’s said to be two extra two extra sponsors for the second attempt. One from each…
Details Written by: RJ Capital One has purchased Velocity Black, a digital concierge company. “This acquisition brings together two companies focused on finding new ways to solve common consumer pain points. Velocity Black’s innovative technology will bolster Capital One’s delivery of exceptional experiences for consumers.” “Capital One and Velocity Black are committed to innovating on…
Offer Details Written by: RJ Plaza Premium Lounges and Priority Pass have made up after the split in 2021. 63 total Plaza Premium Lounges are rejoining the Priority Pass network 39 lounges rejoined today. The remaining 24 lounges will be available by 6/20/23. Press release First reported by OMAAT Thoughts Nice to see them getting…
Offer Details Written by: RJ The good DoC got the details on the Chase Freedom Rise card: Chase Freedom® Rise Annual fee: $0 Multipliers 1.5x All purchases Additional details Launches 6/11/23 Welcome offer Receive $25 after enrolling in auto payments within the first three months Will replace the Chase Freedom® Student Earns Ultimate Reward…
Details Written by: RJ American Express is sending notice to some cardholders that revokes their guest access to the Centurion Lounge. American Express had changed the rules this year where the cardholder had to spend $75k/year to keep guest access. American Express then granted some cardholders guest passes even without hitting the spend requirement. “Due…
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…