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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.
Book Now: Virgin Atlantic is Gutting Many Delta Sweet Spots
If you’ve used Virgin Atlantic’s Flying Club program to book Delta-operated flights in the past, listen up. You have just a couple of days before Virgin significantly increases the price of many Delta award itineraries. While it’s not all bad news, you’ll soon need more Virgin points across a large portion of Delta’s route network. Read more
HSBC Devalues Points Transfers
HSBC has devalued point transfers and now most transfers at a rate of 1.25 HSBC point to 1 travel partner point. Previously the rate was 1:1. Read more
Lawsuit Investigation into Locked, Shut Down AAdvantage Accounts
It’s been reported that many consumers’ frequent flyer accounts were locked or shut down beginning around December 2019, when American Airlines began taking action against members it suspected of violating its program’s terms by signing up for AAdvantage/Citi-branded credit cards using application codes that were not intended for them. The attorneys believe American Airlines may not have had the right to close these accounts and claw back the miles earned by AAdvantage members—some of whom had accrued thousands of miles through trips and purchases—and are now looking into whether a class action lawsuit could be filed. Read more
New Amex Card Will Earn 3% Back And “Vibes”
There have been several FinTechs that have entered credit card rewards over the past few years. They aren’t necessarily issuing their own cards, because they aren’t banks. Often they’re Mastercards. Mastercard has done some interesting deals to try to be at the vanguard of innovation. At the same time, there are more companies issuing American Express cards – not just Amex. One of them is the Neon Money Club Cream American Express® Card. Read more
Attention, Shoppers – Why I Like These Three Store Credit Cards
Benjy at MtM talks about some of its favorite store cards. “I blather on about rewards from traditional travel and cash back credit cards plenty, but I enjoy more niche cards just as much, and sometimes more. Indeed, I spend at these stores more often than I redeem many travel currencies. When I think of store credit cards, my thoughts first go to my youth – you know, when they ONLY worked at a specific brand store. Fortunately, store credit cards have gotten better. Many can now be used anywhere, and a few of them offer excellent rewards. Today, I’m describing three of my favorites. 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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