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News Roundup
This is a roundup of news and other interesting pieces that I’ve come across over the last few days. I thought they are worth sharing so I hope you enjoy reading them.
The Battle Over Rewards Points
Virtually every travel company has some form of a loyalty program where customers are rewarded for how much they stay, fly and spend. When the programs first began in the late 1970s, earning elite status usually involved a straightforward combination of money spent with the program and actual time spent in the air or in a hotel room. More recently, dollars spent on loyalty credit cards are becoming the primary way for travelers to earn points and, more important, elite status, which can bring numerous perks. Read more
Hacker leaks millions more 23andMe user records
On Tuesday, a hacker who goes by Golem published a new dataset of 23andMe user information containing records of four million users on the known cybercrime forum BreachForums. He claimed the dataset contains information on people who come from Great Britain, including data from “the wealthiest people living in the U.S. and Western Europe on this list.”. Read more
Credit card users paid nearly $164B in fees, interest in 2022
American cardholders paid $163.89 billion in credit card interest and fees in 2022, according to a WalletHub analysis of data from the Federal Financial Institutions Examination Council. Between 2018 and 2020, such charges were roughly $120 billion per year, according to a report from the Consumer Financial Protection Bureau. Read more
Another crack at the LifeMiles secret code turns up more pricing anomalies
Avianca LifeMiles presents ample opportunities for excellent value on the largest airline alliance in the world, Star Alliance. Importantly, carrier-imposed surcharges are not passed on. Equally exciting is the fact that frequent transfer bonuses make reasonable awards significantly cheaper and awesome mixed-cabin pricing can save you a ton of points. More importantly yet, Avianca LifeMiles offers unwritten award chart sweet spots that create the opportunity for something of a treasure hunt in finding the best-value awards. Read more
State Department issues ‘worldwide caution’ for Americans overseas
The U.S. State Department issued a worldwide travel advisory on Thursday, urging Americans overseas to exercise increased caution. The travel advisory cited “increased tensions in various locations around the world, the potential for terrorist attacks, demonstrations or violent actions against U.S. citizens and interests.” Read more
United Cardmembers can help fight global hunger and earn bonus miles
Chase, Visa and United® are partnering to fight hunger and help feed families around the world. As a thank-you, we’re rewarding United Cardmembers who donate with bonus miles from October 16 to November 30, 2023. Read more
Guru’s Wrap-up
Let me know if you enjoyed these articles and comment with any opinions you might have. You can also share any other interesting articles about deals, travel, credit cards and more.
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