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…
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…
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…
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…
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…
Details Written by: RJ Chase and Southwest are surveying cardholders on potential changes to the cobranded cards. It looks to be in response to Southwest adding assigned seating. Survey take aways: Raising the annual fees Eliminating the anniversary points Adding a % discount on redemptions Early boarding / seat upgrade credit / seat upgrade benefit…
Details Written by: RJ Hawaiian airlines is no longer a transfer option for BILT Rewards as the contract was not renewed. The effort to create or extend the contract wasn’t worth it for both companies. Hawaiian transfers are expected to return with the completion of the Alaska/Hawaiian airlines merger. BILT being the only transfer partner…
Details Written by: RJ Citi has filed a trademark for the name ‘Strata Select’. This filing is under the sale and marketing credit cards with rewards programs. No other details at this time. Trademark First reported by: Proud Money Thoughts There’s a thought floating around that this could be a rebrand of the Rewards+ card.…
Details Written by: RJ Upgrade has launched a new line of credit card My Five Cash Rewards Annual fee: $0 Multipliers 5x up to $3k quarterly in a category of your choice. Can change category monthly Groceries TV, internet, streaming Dining Gas & EV charging Travel Cell Phone providers Pet care and stores Home utilities…
Details Written by: RJ Capital One is increased lounge access pricing for non cardholders. Originally the price was $65, that has now increased to $90. “We know that getting into a Capital One Lounge is top of mind for our customers,” a Capital One spokesperson told TPG, “and we are making this change to ensure…