Details Written by: RJ WSJ is reporting Chase may begin charing customers more fees on accounts. With the potential to impact 86 million customers. The potential charges, says Marianne Lake, CEO of consumer and community banking at JPMorgan, are a result of new regulatory rules that cap overdraft and late fees. Lake says Chase…
Details Written by: RJ Evolve Bank & Trust was victim of a data breech. This is the bank behind many of the Fintech platforms we use for various banking and bonuses such as Wise, Juno, Affirm, Airwallex, Alloy, Bond, Branch, Dave, EarnIn, Marqeta, Melio, Mercury, PrizePool, Step, Stripe, TabaPay, Bilt. (Thanks to DoC) UPDATE: July…
Details Written by: RJ American Express and Charles Schwab have updated the terms on MR point cash outs Important Note: Starting Oct 1, 2024, the rate for redeeming Membership Rewards points for deposits will change. Basic Card Members will be able to redeem Membership Rewards points for deposits to their eligible Schwab account at…
Details Written by: RJ Updated 6/25/24 – Federal judge has blocked this settlement. No details now, both networks have until 6/28/24 to respond. Visa and Mastercard have agreed to a settle with retailers over credit card processing fees. The terms are said to be worth $30B in savings to stores over the next 5…
Details Written by: RJ Priority Pass is adding 10 more Escape lounges to the catalogue: Bradley International Airport (BDL) John Glenn Columbus International Airport (CMH) Cincinnati/Northern Kentucky International Airport (CVG) Greenville–Spartanburg International Airport (GSP) Minneapolis–Saint Paul International Airport (MSP) Oakland International Airport (OAK) Phoenix Sky Harbor International Airport (PHX) – T3 Rhode Island T. F.…
Details Written by: RJ The Wall Street Journal has a new post noting the financials between Wells Fargo and BILT Rewards. According to former employee: Wells Fargo could be losing ~$10M per month in this deal that started in 2022. Projections were made based on customer carrying a balance. These haven’t played out as expected…
Details Written by: RJ Chase Freedom/Freedom Flex Q3 categories Gas stations EV Charging Select live entertainment Movie theaters As always, categories need to be activated on each card. This can be done starting today. Thoughts Not bad and no overlap with Discover. Advertiser Disclosure: Some of the card links and products that appear on this…
Details Written by: RJ Chase has announced a new Sapphire Lounge for LAX. Limited details and no launch date. The lounge will be 9,234 square feet and located adjacent to Gate 148. First reported by TPG Thoughts Sounds small compared to other lounges and expansions we’ve seen. Either way, more is usually better. Advertiser…
Details Written by: RJ Capital One is adding another lounge in JFK International Airport. Details are scarce. It’ll be 13,000 square feet and located in terminal 4. First reported by OMAAT Thoughts Good to see the network expanding. Not much to say until we have more details. Advertiser Disclosure: Some of the card links…
Details Written by: RJ Curve Card is shutting down in the US. Below messages when to users. Curve does mention returning with a new product in the future… stay tuned I guess. Thoughts Hard to see this taking off without the support of other payment networks. Visa’s roadmap was published awhile back with notes for…