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☆ Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans
▼ + stars: | 2024-05-10 | by ( Alex Harring | ) www.cnbc.com time to read: +11 min

First-class travel has exhibited special strength, though management noted that can be tied in part to a resurgence of business trips. People taking these loans are more likely to be lower-income with no more than a high school diploma, Lanier said. Daniel Acker | Bloomberg | Getty ImagesFrozen food maker Tyson Foods has seen consumers shifting more to eating at home than the quick-service restaurants it supplies. It's also important to remember that lower-income Americans were feeling financial pressures before the pandemic, said Tyler Schipper, an associate professor of economics at the University of St. Thomas in Minnesota. Airbnb touted interest in travel to events like the Paris Olympics and the European Cup in Germany this summer.

Persons: there's, It's, Christophe Le Caillec, underscoring, Blair Lanier, Lanier, McDonald's, Tyson, Daniel Acker, Tyson Foods, Stanley Black, Decker, Jane Fraser, CNBC's Sara Eisen, Fraser, Nancy Lazar, Piper Sandler, Tyler Schipper, Thomas, Schipper, Eric Thayer, We've, Cliff Pemble Organizations: TSN, American Express, Federal Reserve, CNBC, People, University of Michigan, San Francisco Federal Reserve, U.S, PepsiCo, Bloomberg, Getty, Tyson, Management, Adobe Analytics, Furniture, Citigroup, University of St, Airlines, Delta Air Lines, JetBlue Airways, Caribbean . Booking Holdings, Paris Olympics, European, Ticketmaster, Cedar Fair, Flags, Wayfair, Garmin Locations: America, U.S, Minnesota, New York, Germany, Valencia , California

☆ In Bankruptcy, Giuliani Set a $43,000 Monthly Budget. Creditors Are Skeptical.
▼ + stars: | 2024-05-01 | by ( Eileen Sullivan | More About Eileen Sullivan | ) www.nytimes.com time to read: +2 min

His creditors also do not trust that he is being honest about the assets he does disclose. For example, Mr. Giuliani lists among his assets an undisclosed number of shares in Uber, the ride-share service. Lawyers for the creditors say he provided them a more detailed account, but it was not filed publicly in the court, as missing details typically are. And as of April 26, Mr. Giuliani had not provided details for his Discover card charges in January. One of the two Georgia election workers he defamed, Shaye Moss, was selected by Mr. Giuliani’s creditors to serve on a three-person committee to represent their interests throughout the bankruptcy case.

Persons: Giuliani, “, ”, ” Bruce, Shaye Moss, Noelle Dunphy, Mr, Lindsey Kurtz Organizations: Uber, New York Yankees, Pritzker, American Express, Dominion Voting Systems Locations: U.S, Georgia

☆ American Express CEO explains how the company is attracting younger consumers
▼ + stars: | 2024-04-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

American Express CEO Steve Squeri told CNBC's Jim Cramer on Tuesday how the company attracted more Millennial and Gen Z customers, saying the cohort made up 60% of new card acquisitions during the last quarter. Squeri said American Express realized that attracting younger clientele was a "key thing" for the company, so it was important to offer cards with a high enough value proposition for that group. Younger card holders create a greater "lifetime value" than older ones, as they will continue to use their American Express cards as they age, he added. "We used to go after them with a no-fee card, but a no-fee card didn't have a lot of benefits—that's why you pay no fee for it," Squeri said of Millennials and Gen Z. The younger customer base is also growing because more merchants accept American Express cards than in previous years, Squeri added.

Persons: Steve Squeri, CNBC's Jim Cramer, Squeri, Millennials, who's, Amex Organizations: American Express

We'll show you everything you need to know about how to get Billie Eilish tickets, including details on accessing the pre-sale. We've got you covered if you're looking for tickets to Billie Eilish's 2024-2025 concert tour. How to get Billie Eilish ticketsInitial Billie Eilish tickets are sold through Ticketmaster. Historically, Billie Eilish tickets are snapped up pretty quickly, so fans will want to be waiting in the queue as soon as the sale starts. How much are Billie Eilish tickets?

Persons: Eilish, Oscar, Billie Eilish, Finneas, James Bond, We've, Billie Eilish's, she'll, we've, Québec, Saint, Billie, you'll Organizations: Business, Academy, Ticketmaster, IL, San Jose , CA, American Express, Heritage Bank Center Locations: North America, Canada, Australia, Ireland, Toronto, Baltimore, Philadelphia , PA, Detroit , MI, Newark , NJ, Boston, Pittsburgh , PA, New York, NY, Atlanta, Nashville, TN, Cincinnati, Saint Paul, Chicago, Kansas City ,, Omaha, Denver, Vancouver, Seattle , WA, Portland, San Jose ,, Glendale, AZ, Los Angeles , CA, States, New York , Illinois, Colorado , Virginia , Utah, Connecticut, Cincinnati , Ohio

The information for the following product(s) has been collected independently by Business Insider: Navy Federal Credit Union® Platinum Credit Card, Navy Federal Credit Union® More Rewards American Express® Credit Card, Navy Federal Credit Union® nRewards® Secured Credit Card, Citi® Diamond Preferred® Card, Citi® Diamond Preferred® Card. Navy Federal Credit Union® Platinum Credit Card QualificationsYou'll need to be a Navy Federal Credit Union member to be eligible for the Navy Federal Credit Union® Platinum Credit Card. Navy Federal Credit Union® Platinum Credit Card RewardsThe Navy Federal Credit Union® Platinum Credit Card doesn't earn rewards from spending. Navy Federal Credit Union® More Rewards American Express® Credit Card vs. Navy Federal Credit Union® Platinum Credit CardThe Navy Federal Credit Union® More Rewards American Express® Credit Card is designed for consumers with good to excellent credit. Navy Federal Credit Union® nRewards® Secured Credit Card vs. Navy Federal Credit Union® Platinum Credit CardThe Navy Federal Credit Union® nRewards® Secured Credit Card is designed for people who want to build or repair their credit, and may be a good option if you can't qualify for a Navy Federal Credit Union® Platinum Credit Card due to low credit.

Persons: Federal nRewards, cardholders, Read, Cardholders, — Organizations: Business Insider, Navy Federal Credit, Card, Navy Federal Credit Union, Citi, Federal Credit, Credit, National Guard, Department of Defense, DOD, The Navy Federal Credit, Federal Credit Union, Emergency Assistance Navy Federal Credit, Federal, American, Walmart, Wells, Citi Diamond Preferred, Navy, Navy Federal, of Defense, Business Locations: Wells

☆ Some Costco shoppers buying its new $625 packs of silver coins are annoyed that they're showing up scratched and with broken packaging
▼ + stars: | 2024-03-11 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Costco is now selling packs of 25-count packs of silver Royal Canadian Mint coins for $625. They wrote in reviews that the tubes weren't sealed when they arrived and the coins were loose and scratched. AdvertisementSome Costco shoppers buying its new $625 packs of silver coins say that they didn't arrive in sealed tubes as promised, leading to some of them showing up scratched. One reviewer said that when they opened their package, "the coins just spilled out of the UPS box." They said their coins arrived "tightly wrapped in plastic and still in the sealed tube."

Persons: —, King Charles III Organizations: Costco, Royal Canadian, Service, Royal Canadian Mint, UPS, Eagle, Business

☆ Why checked bag fees are at record highs
▼ + stars: | 2024-03-02 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

Checked bag fees are hitting record highs as airlines up the ante. So an airline can save $75 million in tax fees off its $1 billion revenue in domestic checked-bag fees. The introduction of bag fees was also a response to the rise of low-price carriers like Spirit in the United States and Ryanair in Europe. But airlines kept the bag fees in place and even raised them in an effort to make up for the lost revenue from change fees. Bag fees have been a political punching bag.

Persons: they’ve, Gary Leff, ”, Henry Harteveldt, Blaise Waguespack, Sen, Mary Landrieu, ” Leff, Pete Buttigieg, Leff, “ Organizations: New, New York CNN, United Airlines, American Airlines, JetBlue, Alaska Airlines, Airlines, Department of Transportation, Delta SkyMiles American Express, Airlines ’, “ Airlines, Atmosphere Research, Embry, Riddle Aeronautical University, Ryanair, The Transportation Department Locations: New York, Denver, Dallas, Daytona Beach , Florida, United States, Europe

Amazon Business Prime Card OverviewThe Amazon Business Prime Card is ideal for business owners who frequently make Amazon or Whole Foods purchases and already have a Business Prime membership. Amazon Business Prime Card RewardsWelcome OfferNew Amazon Business Prime Card cardholders receive a $125 Amazon Gift Card upon approval, equivalent to the 5% rewards you'd earn from spending $2,500 in eligible Amazon purchases. Amazon Business Prime Card Benefits and FeaturesThe Amazon Business Prime Card includes a number of tools designed to simplify small business management. Amazon Business Prime Card Annual Fee and Other CostsThe Amazon Business Prime Card card doesn't have an annual fee, but you need a personal or business Amazon Prime membership to be approved. When looking at the Amazon Business Prime Card, we considered several criteria including:Rewards — The Amazon Business Prime Card earns 5% back on eligible Amazon Purchases.

Persons: cardholders, Amex, You'll, Finance Insider's, it's Organizations: Business, Amazon, Prime, Amazon Business, Foods, Business Prime American Express, Amazon Business Prime Card, Amazon Business American, Business Prime Card, Web Services, Amazon Business Prime, American, QuickBooks, Business Prime, Finance, Chase, Amazon Prime

☆ Founder of $1 billion startup says mom gave her $5,000 after college, then cut her off: ‘It forced me to start hustling’
▼ + stars: | 2024-02-08 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

When Gregg Renfrew was a year out of college and racking up credit card debt, she called her mom for help — only to be told, bluntly, "Well, it's time to get a new job." "Living in fear of not being able to pay my bills — having literally no idea — it forced me to start hustling," she tells CNBC Make It. Less than a year after moving to the city, she "immediately racked up credit card bills," owing more than $1,000 on her American Express card, she says. Instead, her mom instructed her to find a way to make enough money to pay off her own debts. "I was fortunate to have a debt-free education and to receive any money," says Renfrew.

Persons: Gregg Renfrew, Renfrew's, Renfrew Organizations: CNBC, University of Vermont, American Express Locations: Renfrew, New York

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Annual fees increase between 18% to 52% on six consumer and business Delta SkyMiles credit cards. American Express and Delta Air Lines increased annual fees across their co-branded airline credit cards today for consumer and business credit cards alike. Delta SkyMiles® Platinum American Express Card, Delta SkyMiles® Platinum Business American Express Card, Delta SkyMiles® Reserve American Express Card, and Delta SkyMiles® Reserve Business American Express Card cardholders will receive $2,500 Medallion Qualifying Dollars (MQDs) every qualifying year, beginning February 1, which will give them a jumpstart toward earning Delta status each year. Delta SkyMiles® Platinum Business American Express Card and Delta SkyMiles® Reserve Business American Express Card cardholders can now spend above their credit limit, albeit within a certain undisclosed extent.

Persons: Resy, Katherine Fan, I've, Guy, NerdWallet, I'm, you'll, Read Organizations: Delta, American Express, Delta Air Lines, Delta SkyMiles, Delta SkyMiles ®, Express, Finance, Business, Forbes, USA, Austin American, Statesman, Associated Press, Google, MSN, University of Texas Locations: Hawaii , Alaska, Mexico, Caribbean, Central America, delta.com, Delta, Austin, Southwest, Texas, Taiwan, New York City

☆ Fat Joe on teaming up with Jelly Roll and Wyclef Jean to advocate for healthcare price transparency in Washington, DC
▼ + stars: | 2024-01-17 | by ( John Lynch | ) www.businessinsider.com time to read: +12 min

Around 500 Congress members and government officials attended to watch Joe perform with artists Jelly Roll and Wyclef Jean, according to the artist's rep. You know, I'm an open book. Jelly Roll, Fat Joe, and Wyclef Jean. Power to the Patients/Shareif ZiyadatWhat made Jelly Roll and Wyclef Jean the right folk to link with on this particular event? AdvertisementAnd this year, you know, I'm a huge fan of Jelly Roll.

Persons: Joe, Hakeem Jeffries, Frank Pallone, Sen, Mike Braun, Jelly Roll, Wyclef Jean, Power, Chuck D, Busta, Rick Ross, who's, Kevin Morra, He's, we've, Cynthia Fisher, Uber, I'm, Brown, I've, Wycelf Jean, Wyclef Jean . Power, Roll, they've, Wyclef, Donald Trump, it's Organizations: Power, Capitol, Democratic, Hamilton, Price, Joe, MTV, Healthcare, Republican, American Express Locations: Washington , DC, America, There's, Washington, Kentucky, French Montana, Haiti

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Review: Wells Fargo Active Cash card reviewInk Business Cash® Credit CardBest for office supplies Ink Business Cash® Credit Card Apply now lock icon An icon in the shape of lock. The Capital One Venture X Rewards Credit Card is a premium travel credit card that earns 2 Capital One miles per dollar on most purchases. Excellent, Good, Fair Pros Check mark icon A check mark. Annual Fee $0 Intro APR N/A Regular APR 20.49% Variable Intro Offer N/A Recommended Credit Excellent Pros Check mark icon A check mark.

Persons: Chase, —, takeout, cardholders, Cash, you'll, American Express cardholders, Wells, you've, It's, You'll, doesn't, Amex Organizations: Business, Citi, Bank, Amazon.com, Foods, Chase Travel, Amazon, Visa, FDIC, Chase, PayPal, American Express, Express, Disney, ESPN, Wells, Ink, Capital, One, Air, Turkish Airlines, Wyndham, Wholefoods, Card, Citi Best, EV, Costco, Costco.com, Cash, Cashback, Amex, Dell Locations: U.S, Hulu, Wells, Air Canada

☆ These stocks will be the biggest S&P 500 winners of 2024, according to analysts
▼ + stars: | 2024-01-01 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Using the CNBC Pro Stock Screener Tool , we looked for S & P 500 stocks that analysts project will have the best performance in 2024 according to their consensus price targets. Halliburton's stock price dipped 8.1% last year, while shares of Marathon Oil similarly went down, losing 10.9%. Analysts' consensus price targets on both stocks indicate more than 34% upside over the next 12 months from Friday's close. Their average price targets suggest shares of Delta Air Lines and United Airlines Holdings have upside of more than 31% and 42%, respectively. Analysts have a consensus price targets of $95.20 on the stock, suggesting shares could gain roughly 28% this year, adding to its 18.3% gains in 2023.

Persons: Stocks, Morgan Stanley, Raymond James, Cowen's, Helane Becker, Becker, Bernstein, Stacy Rasgon Organizations: Nvidia, Warner Bros, CNBC, Halliburton, Marathon Oil, Analysts, UBS, Airlines, Delta Air Lines, United Airlines Holdings, American Express, . Insurance, Arch, Evercore ISI, Arch Capital, Discovery, Moderna Locations: Friday's

☆ Best Banks and Credit Unions for 2024
▼ + stars: | 2023-12-18 | by ( Martha C. White | ) www.wsj.com time to read: +13 min

While its checking interest rate is set much lower, you do earn interest on every dollar of your balance—its flagship checking account was also Buy Side’s top pick in the Best Checking Account category. CaveatsCapital One’s savings account APY beats most national banks and is competitive among online banks. The Ally Online Savings and Ally Spending accounts (the latter is the bank’s flagship checking account) were our top picks for digital banks in Buy Side’s Best Checking and Best Savings rankings. In Buy Side’s roundups, Alliant took the top spot among credit unions in our Best Checking and Best Savings rankings. How we pickedTo pick Buy Side from WSJ’s Best Banks, we evaluated dozens of banks and credit unions, looking for institutions that offered the best combination of high interest, low fees and flexible account options for savings, checking and CDs.

Persons: Martha C, you’ll, —, Ally, Ivy, Ivy doesn’t, Ivy Bank’s, Alliant, Foster, — Alliant, Banks Organizations: Wall, Best, Capital, American Express, Ally, Savings, Synchrony, Alto, Ivy Bank, Cambridge Savings Bank, Ivy, Bank5 Connect, CIT Bank, First, Alliant, Bank, Foster Care, Credit Union, Lake, Best Bank, Best Credit Union, National Credit Union Administration Locations: U.S, American, Massachusetts, California, Golden State, Lake Michigan

☆ DeSantis board accuses Disney of controlling previous one with gifts
▼ + stars: | 2023-12-04 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +5 min

It found the board was "inverted to serve Disney," which held voting control of the prior board of supervisors. The Central Florida Oversight Board will meet Wednesday to vote whether to accept the report, which was prepared for the board by a group of experts. In what Disney described as retaliation, the Florida legislature in February replaced the old board with a new Central Florida Oversight District, whose five supervisors are handpicked by DeSantis. In April, Disney sued Florida in federal court, claiming DeSantis and his allies of "weaponizing" state government to punish Disney for exercising its free speech rights. The DeSantis-appointed oversight board counter-sued in state court, seeking to void the "backroom deals" favorable to the entertainment giant.

Persons: Octavio Jones, Ron DeSantis, Walt Disney's, Disney, DeSantis, flagrantly, John Classe, Dawn Chmielewski, Ken Li, Lisa Shumaker Organizations: Walt Disney, REUTERS, Walt, Disney, DeSantis, Central, Central Florida Tourism, Florida Oversight, Reuters, American Express, Florida, Thomson Locations: Orlando , Florida, U.S, Florida, Reedy, Central Florida, New York

☆ How I Get Eight Free Hotel Nights Every Year Without Doing Anything
▼ + stars: | 2023-10-28 | by ( Ben Luthi | ) www.wsj.com time to read: +10 min

So long as you pay the annual fee, many hotel credit cards offer one free night each year. Before discovering free night credits, I stayed at my fair share of motels with rock-hard beds and paper-thin walls. However, as my life and finances evolved, the benefit of my free night certificates has become about more than saving money. My hotel credit card collectionYou probably don’t need eight hotel cards. Key perks: Annual free night award, fourth night free on consecutive award redemptions, automatic IHG® Platinum status, $100 trusted traveler program application fee credit every four years.

Persons: Ben Luthi, I’ve, ”, you’ll, ’, we’ve, I’m, you’re, Wyndham Wyndham, Wyndham Organizations: Nintendo, Card, Marriott Marriott, Marriott, California — Marriott, Marriott Bonvoy, Business, Residence, Ritz, Carlton, Hilton Hilton Honors Aspire, Hilton, Hilton Resort, Honors, Diamond, Las, Hyatt, Hyatt Credit, Hyatt House, Hyatt Card, Hyatt Regency, Grand Hyatt, Wyndham Locations: Sandy , Utah, Hilton, Park City, Marriott, California, Fairfield, Vegas, Seattle, Alaska, Grand, Wyndham

How to Win the Restaurant Reservation Game Scoring a table in New York can seem impossible, but may be easier than you think. Meanwhile, with just three weeks to go, we’re still on the waiting list, which has grown to nearly 60 names. 3 DAYS OUT The Realist Andrew Harroz, 39, a lawyer in Oklahoma City, and his fiancée get a notification that a 5 p.m. reservation table is open. Let patience pay off Even if a restaurant is fully booked, ask to put your name on a waiting list. It’s not a great night for romance: A couple whose reservation for two included the note “Considering proposing” leave the restaurant.

Persons: Semma, seatings, Resy, Gracie de Souza, “, ”, Jatin Mallakunta, they’ll, Ash Hashmi, Santo Pesantez, we’re, Andrew Harroz, He’s, Pesantez, Roni Mazumdar, Vijay Kumar, Pandya, who’ve, Mindy Kaling, it’s, Nathan G, Christine, Nathan, he’s, ” Christine, Gillian Garcia, Hugo Rodriguez, Rodriguez, they’re, let’s, Trinity, Garcia, Arjun Kallapur, ’, Rouven Chopra, Jana Frauns, ” Mr, Chopra Organizations: Washington , D.C, American Express, YouTube Locations: New York, Semma, Indian, New York City, Greenwich Village, Resy, New Orleans, Washington ,, Manhattan, Santo, Oklahoma City, Oklahoma, Los Angeles, United States, Frankfurt, Germany

AdvertisementAdvertisementThe information for the following product(s) has been collected independently by Business Insider: Hilton Honors American Express Surpass® Card, Hilton Honors American Express Aspire Card. Customers who hold the mid-tier Hilton Honors American Express Surpass® Card or the premium Hilton Honors American Express Aspire Card will soon receive enhanced benefits – as well as increased annual fees. What you should know about the Hilton Honors Amex CardThe Hilton Honors Amex is the hotel chain's base-level credit card. If you reach the $2,000 spending requirement making Hilton hotel purchases, you could end up with 114,000 Hilton Honors points, since eligible Hilton purchases earn 7 points per dollar. If you're a heavy Hilton loyalist, consider the mid-tier Hilton Honors American Express Surpass® Card or the premium Hilton Honors American Express Aspire Card.

Persons: Hilton, —, David Slotnick, Amex, You'll, you'll Organizations: Business, Hilton, American, Hilton Honors, Service, Honors, U.S, Hilton Gold Locations: Bangkok, U.S, Hampton, Colombia, Mexico's Baja California

☆ My Family of 5 Flies for the Price of 3—Here’s How
▼ + stars: | 2023-10-08 | by ( Jason Steele | ) www.wsj.com time to read: +5 min

From our home in Denver, my wife, three kids and I often travel to visit family in Florida, California, Georgia and New York. And when I travel for work as a professional credit card reviewer and consultant, I often bring a kid or two along. My path to companion pass bliss came through Southwest credit cards, such as the Southwest Rapid Rewards Priority Credit Card, but frequent flights can also get you there. As our family grew, my wife also began earning a Companion Pass, allowing the whole family to travel at a steep discount. For example, the Southwest Rapid Rewards Priority Credit Card offers 50,000 bonus points when you spend just $1,000 in the first three months.

Persons: Jason Steele Organizations: Southwest Airlines, Rapid, Southwest, Alaska Airlines, Alaska Airlines Visa Credit, Delta, American, Southwest Rapid Locations: Denver, Florida , California, Georgia, New York, Puerto Rico, Hawaii, Mexico, Caribbean, Southwest, Florida, San Antonio

Amex Member Week 2023 will offer eligible cardholders presale ticket access, special experiences, and more. To find the right Amex card for you, read more about our picks for the best American Express cards. American Express Member Week 2023 detailsTo take full advantage of Amex Member Week, you need to have an Amex card, such as The Platinum Card® from American Express, the American Express® Gold Card, or The Business Platinum Card® from American Express. Amex Member Week exclusives span a number of categories, from entertainment and live events to retail offers. They can receive up to $165 in total value when making select purchases from the following merchants:DocuSignHertzInstacart BusinessLowe'sSquarespaceProducts in this post: The Platinum Card® from American Express, American Express® Gold Card, The Business Platinum Card® from American Express

Persons: —, you'll, Amex, Olivia Rodrigo, Resy, Fermin Nunex, Matt Conroy, Isabel Coss, cardmembers, James Jarvis, DocuSign Organizations: Service, American Express, American, YouTube, Amex, Delta, Delta.com, Lufthansa, Qatar Airways, Regent Seven Seas, Seabourn, Bose Dell, DocuSign Hertz Locations: Delta, York City, Las Vegas, Miami, Austin , Texas, Washington ,

☆ Delta CEO says carrier went 'too far' in SkyMiles changes, promises modifications after frequent flyer backlash
▼ + stars: | 2023-09-28 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Delta Air Lines Boeing 717-200 airplane as seen on the final approach landing at New York JFK John F. Kennedy International Airport, NYC, USA. "No question we probably went too far," Bastian said at the Rotary Club of Atlanta on Monday. The airline and rivals including American and United have been racing to build bigger airport lounges to cater to swelling numbers of big spenders. Bastian said the airline will announce the updated program changes in the coming weeks. A Delta spokesman declined to comment further on the changes.

Persons: New York JFK John F, Ed Bastian, Bastian, we've, It's, David Neeleman Organizations: Delta Air Lines Boeing, New York JFK, Kennedy International Airport, Delta Air, Rotary Club of Atlanta, Delta, American Airlines, Sky, American Express, JetBlue Airways, Medallion, Breeze Airways, JetBlue, CNBC Locations: New, NYC, USA, Delta, American, Atlanta

☆ Delta says it 'went too far' with SkyMiles changes that caused an uproar
▼ + stars: | 2023-09-27 | by ( Hannah Towey | Sebastian Cahill | ) www.businessinsider.com time to read: +4 min

Delta CEO Ed Bastian said the airline went "too far" in its recent changes to its SkyMiles program. The CEO's comments followed a social media uproar protesting the changes. AdvertisementAdvertisementDelta CEO Ed Bastian said the airline went "too far" in its recent changes to its SkyMiles loyalty program that triggered a social media uproar earlier this month. "We probably went too far in doing that," the CEO said at an Atlanta Rotary Club event on Monday. AdvertisementAdvertisementIt also suggests renting Delta Car Rentals for half of those trips at $400 a rental and spending $8,000 a month for the qualification year on a Delta SkyMiles Reserve Business American Express Card.

Persons: Ed Bastian, —, Bastian, Delta Organizations: Service, Atlanta Rotary, Delta, Delta SkyMiles, American, Diamond, Car Rentals, Delta SkyMiles Reserve Business, Express

☆ Delta CEO: Company went ‘too far’ with its SkyMiles rewards program changes
▼ + stars: | 2023-09-27 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Delta CEO Ed Bastian said the company probably went “too far” in its controversial changes to the SkyMiles loyalty program and said there are plans for modifications. It got to the point, he said, that the company couldn’t effectively serve those elite status holders, including upgrade certificates and agents on special phone lines. When the moderator asked Bastian about the rewards program changes, the audience at the Atlanta Rotary Club booed. In September, the company implemented changes that would make it more difficult for American Express cardholders to access Delta Sky Clubs and earn Medallion elite status, taking effect in 2025. For frequent fliers, the airline will also change how it awards Medallion elite status starting in 2024.

Persons: Ed Bastian, ” Bastian, “, Bastian, It’s, ’ Organizations: New, New York CNN, Rotary Club of Atlanta, Delta, Atlanta Rotary Club, American Express, Delta Sky Clubs, American, Starbucks Locations: New York

Perks Info icon Earn 6X Marriott Bonvoy Points on purchases at hotels participating in Marriott Bonvoy. 1K Bonus Points Per Stay: Earn 1,000 Marriott Bonvoy® bonus points per paid eligible stay booked directly with Marriott for properties participating in Marriott Bonvoy. Award can be used for one night (redemption level at or under 50,000 Marriott Bonvoy® points) at a hotel participating in Marriott Bonvoy®. In our points and miles valuations, we peg Marriott Bonvoy points at 0.7 cents apiece in value on average. Award can be used for one night (redemption level at or under 85,000 Marriott Bonvoy points) at hotels participating in Marriott Bonvoy®.

Persons: Marriott, you'll, you've, Regis, Marriott Bonvoy, you'd, You'll, Read Organizations: Marriott, Marriott Bonvoy, American Express, Ritz, Carlton, TSA, Global, TSA PreCheck, Cell, New Hampshire Insurance Company, AIG Company Locations: Marriott Bonvoy, U.S, Marriott, St

☆ Delta SkyMiles Platinum American Express Card Review
▼ + stars: | 2023-09-20 | by ( Ben Luthi | ) www.wsj.com time to read: +8 min

By Ben LuthiThe Delta SkyMiles® Platinum American Express Card offers a sign up bonus and annual benefits that could earn cardholders several free flights a year. But if you’re a loyal Delta customer and want a better experience every time you fly, the Delta SkyMiles Platinum can be a solid choice. The Delta SkyMiles Platinum has a $250 annual fee, and depending on how you use the card, it’s possible to offset that cost with rewards alone. Starting in 2024, for each $20 you spend on the card, SkyMiles Platinum cardholders will earn 1 medallion qualifying dollar, or MQD. Methodology: How we evaluated the Delta SkyMiles Platinum American Express CardTo choose Buy Side from WSJ’s Best Airline Cards, we compared 23 credit cards from 10 major domestic airlines.

Persons: Ben Luthi, Hopper, You’ll, that’ll, you’ll, you’re Organizations: Express Card, Delta, U.S, delta.com, TSA PreCheck, ., Delta SkyMiles, American, Capital, Venture Locations: U.S, Delta

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