PayPal Shutting Down Business Credit Card

Details Written by: RJ PayPal is ending their business credit card effective 9/23/24   This letter is to inform you that the PayPal Business Cashback Mastercard® is being discontinued and all credit card accounts will be closing. It also is to inform you of additional changes that the creditor is making to the terms of your…

Chase And Apple Discuss Apple Card Deal

Details Written by: RJ Reports are out stating Apple is in talks with Chase to acquire the Apple Card portfolio. Chase is looking for discounted sales price, current portfolio  is around $17 billion face value in outstanding balances. Additionally, Chase would want other changes like billing to move from start/end of calendar month for all…

Chase Freedom Flex Q4 2024 5x Categories

Details Written by: RJ Chase has announced the Q4 2024 5x categories for the Freedom & Freedom Flex: PayPal McDonalds Pet shops and vet services Select charities Thoughts PayPal is nice. McDonalds isn’t awful as it should be 7x for Freedom Flex cards. Counting the 3x dining multiplier. (Only awarded 1 point for the purchase…

Discover Q4 2024 5x Categories

Details Written by: RJ Discover has released the Q4 2024 5x categories. These were being announced at the start of the third month in the quarter. Now being pushed back to line up with when Chase announces the Freedom categories. Amazon.com Target Thoughts How useful will depend on the other cards one has. I don’t…

Amex Updates Uber Credit Terms

Details Written by: RJ American Express is sending out notices regrading use of the Uber credits. Starting 11/8/24, the user must also select the American Express card as the payment for to use the credit.   Credit r/Amex Thoughts The move makes sense, as many would use the credit then charge any additional fees to…

Goldman Sachs Sells GM Card Portfolio

Details Written by: RJ Goldman Sachs is selling the GM credit card program to Barclays. Goldman Sachs is likely to get less than the outstanding balances after having paid a premium to acquire them. The card partnership has about $2 billion in balances, the report said. A spokesperson for Goldman declined to comment when reached…

US Bank Smartly Visa Signature Coming Soon

Details Written by: RJ US Bank is launching a new card. The Smartly Visa Signature. It’s currently not open for application, can join a wait list. The card is structured like BOA’s preferred rewards.The base multiplier increases with the amount of assets you have with US Bank. It requires a linked Smartly Checking account as…

BILT Rewards Partners With Walgreens

Details Written by: RJ BILT Rewards has added Walgreens as a new partner. Automatic FSA/HSA Savings: Members can shop at Walgreens using any linked debit or credit card in their Bilt account. Bilt’s innovative system automatically identifies FSA or HSA eligible items and offers a one-click solution to apply benefits. This feature simplifies healthcare shopping…

PayPal Debit Card Offering 5x

Details Written by: RJ PayPal’s debit card now offers 5x back on a category of your choice. Capped at $1k in spend per month. Category can be changed each month. Categories Groceries Gas/EV Charging Clothing Health/beauty Dining Terms do note that gift card purchases won’t count. Thoughts I had a debit card already. Logged into…

Alaska & Hawaiian Merger Not Yet Approved

Details Written by: RJ Last week the Alaska + Hawaiian airlines merger looked to be a done deal. Now, Alaska has revised the press release to reflect the DOJ’s review is on going. First draft: “The time period for the U.S. Department of Justice to complete its regulatory investigation of the proposed combination of Alaska…