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More HUGE Credit Card Bonuses in October
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Will Merchants Soon Refuse to Accept Rewards Credit Cards? (WSJ Article)
A recent article in the Wall Street Journal has drawn attention to several big merchants’ campaign to end the so called “honor all cards” policy of Visa and Mastercard. If a merchant wants to accept say Visa cards, for example, they must accept all Visa cards, regardless of issuer or the type of Visa card. Mastercard has the same rule for merchants who use their network.
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.
