New $120 Dining Credit Some cardholders of the American Express Premier Rewards…
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Visa and Mastercard Settle $6.2 Billion Lawsuit
Credit Card networks Visa and Mastercard have settled a lawsuit that alleges the two companies violated antitrust laws by fixing prices, specifically the fee a merchant pays when a credit card is swiped. This alleged price fixing benefitted the banks that issue credit cards in partnership with Visa and Mastercard at the expense of merchants.
Chase Ends AU Bonus on the Sapphire Preferred Card
Chase has been clamping down on churning and trimming benefits and rewards on its Sapphire cards to save money. We recently reported on the 24 month waiting period to get a Sapphire sign up bonus if you have had it before being increased to 48 months, that’s 4 years. And now Chase is bringing in another change.
Navy Federal Credit Union Flagship Rewards Card Now Earns 3x on Travel
The Navy Federal Credit Union has recently revamped its Flagship Rewards Visa Signature card, the card now earns 3x on every dollar spent on travel and 2x on all other spending. The points are worth 1c however they are redeemed so this basically means the card earns 2% cashback on all purchases and 3% back on travel.
Amex SPG Card Offering 75,000 Point Sign Up Bonus
As of today, the SPG credit card from American Express is offering a 75k sign up bonus in the new points currency that serves SPG, Marriott and Ritz Carlton loyalty programs and will take effect on August 18th. But that is not all, there have been more benefits added to the card, as of today…
Amex Will now let you Freeze Your Credit Card
American express has introduced the ability for cardholders to freeze their credit cards. The company sent out an email to customers this morning introducing four new features, the most interesting of which is the ability to freeze a card. So how does it work?…
Rumor False: The Citi Prestige wont be Discontinued
There has been a rumor going around that the Citi Prestige would be discontinued this fall, the source of the information was an article on the Doctor of Credit website stating that the Citi Prestige credit card will be discontinued this fall. Citi has now confirmed to DoC that this is not true and released a statement saying: