DIRS.INFO The most relevant business & tech news

☆ Gold hovers near six-month low as markets brace for U.S. economic data
▼ + stars: | 2023-09-28 | by ( ) www.cnbc.com time to read: +2 min

Gold bars of different sizes lie in a safe on a table at the precious metals dealer Pro Aurum. Gold steadied on Thursday, although prices hovered near a six-month low hit in the previous session due to an elevated dollar and Treasury yields, with markets awaiting U.S. economic data for clues on the Federal Reserve's interest rate trajectory. Spot gold held its ground at $1,874.49 per ounce by 0435 GMT after shedding 1.4%, its biggest daily decline since July, on Wednesday. Data on Wednesday showed orders for long-lasting U.S. manufactured goods rose in August and business spending on equipment appeared to regain momentum. Higher rates raise the opportunity cost of holding bullion, which is priced in dollars and does not yield any interest.

Persons: Gold, Hugo Pascal, Neel Kashkari, Kevin McCarthy Organizations: Aurum, Treasury, Minneapolis Locations: ., U.S

☆ Gold hits over 1-month low on higher-for-longer U.S. rates theme
▼ + stars: | 2023-09-27 | by ( ) www.cnbc.com time to read: +2 min

Gold prices dropped to a more than one-month low on Wednesday, beaten down by an assurgent U.S. dollar as markets made adjustments to a rising interest rate scenario. There is a 40% chance that the Federal Reserve will need to raise rates "meaningfully" to beat inflation, Minneapolis Fed Bank President Neel Kashkari said on Tuesday. Higher interest rates raise the opportunity cost of holding bullion, which is priced in dollars and does not yield any interest. SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, said its holdings touched a more than four-year low. Spot silver dropped 0.8% to a 12-day low of $22.69 per ounce, while platinum was up 0.1% to $904.87.

Persons: Neel Kashkari, Yeap Jun Rong Organizations: Federal, Minneapolis Fed, Labor Department, Trust, Palladium Locations: U.S

☆ 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

☆ Best Credit Cards for TSA PreCheck and Global Entry
▼ + stars: | 2023-09-26 | by ( Emily Sherman | ) www.wsj.com time to read: +12 min

Many travel credit cards have removed this cost barrier for their users—offering a statement credit that covers the cost of applying to either TSA PreCheck or Global Entry. All you have to do is pay the $78 PreCheck fee or $100 Global Entry fee with your card and you’ll automatically be reimbursed. Other cards to considerWhile these cards are our favorites boasting a TSA PreCheck or Global Entry credit, there are a few other options if none of them align with your needs. How we pickedTo choose Buy Side’s Best Credit Cards for TSA PreCheck and Global Entry, we looked at more than 30 credit cards that offered a credit for these application fees. To find out more about how we chose credit cards—and to meet our panel of experts—you can also check out Buy Side from WSJ’s full best credit cards methodology.

Persons: Emily Sherman, You’ll, cardholders, Uber, airfare, Chase, Cardholders Organizations: TSA, Hertz, One Venture, Venture, Venture X, Capital, American, Amex, American Express, Amex Travel, Chase, TSA PreCheck, Chase Sapphire, U.S, Sapphire Reserve, Bank of America, of America, Merrill Locations: Capital, Canada

☆ Gold edges down as markets assess Fed's rate outlook
▼ + stars: | 2023-09-25 | by ( ) www.cnbc.com time to read: +2 min

Gold edged lower on Monday after eking out a narrow gain last week, as investors assessed the U.S. Federal Reserve officials' decision to flag further interest rate hikes ahead of a consumer inflation print later this week. Spot gold was down 0.1% at $1,922.76 per ounce by 0525 GMT, while U.S. gold futures fell 0.2% to $1,942.30. SPDR Gold Trust , the world's largest gold-backed ETF, said its holdings fell on Friday to their lowest level since Jan. 2020. U.S. business activity showed little change in September, a survey published Friday showed, while a separate survey showed the euro zone economy is likely to contract this quarter and won't return to growth anytime soon. The Bank of Japan maintained ultra-low interest rates on Friday and pledged to bring inflation sustainably to its 2% target.

Persons: eking, Praveen Singh Organizations: U.S . Federal Reserve, Trust, Bank of Japan Locations: Washington

☆ AAdvantage Aviator Red World Elite Mastercard Review
▼ + stars: | 2023-09-23 | by ( Ben Luthi | ) www.wsj.com time to read: +7 min

The AAdvantage Aviator Red World Elite Mastercard charges a $99 annual fee, and like similar credit cards, it makes it possible for cardholders to get that value back in perks alone. There are very few rewards credit cards that make it that easy. No foreign transaction feesWho benefits most from the AAdvantage Aviator Red World Elite Mastercard? Methodology: How we evaluated the AAdvantage Aviator Red World Elite MastercardTo choose Buy Side from WSJ’s Best Airline Cards, we compared 23 credit cards from 10 major domestic airlines. From there, we favored credit cards that offered unusual and valuable perks that made it easier to cover the cost of the card’s annual fee.

Persons: Ben Luthi, You’ll, you’ll Organizations: Mastercard, American Airlines, AAdvantage, Auto, Citi, Capital

☆ Tinder thinks some people will pay almost $500 a month for more 'efficient ways to find connections' with its 'VIP' plan
▼ + stars: | 2023-09-23 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +2 min

Tinder has unveiled a new subscription option that costs nearly $500 a month. The subscription will allow users to access certain features like exclusive messaging services. Tinder Select has only been offered to 1% of users, per the company's website. Tinder Select is a "VIP" service that's only on offer to about 1% of the dating app's most active users, the company says on its website. Tinder offers three other paid subscription tiers: Tinder+, Tinder Gold, and Tinder Platinum, with prices starting from $24.99 a month, per Bloomberg.

Persons: Tinder, Skip, Mark Van Ryswyk Organizations: Service, Bloomberg, Match.com Locations: Wall, Silicon

☆ Gold defies strength in dollar, yields as global rates peak
▼ + stars: | 2023-09-22 | by ( ) www.cnbc.com time to read: +1 min

Gold firmed on Friday despite pressure from a stronger U.S. dollar and bond yields, as investors assessed major central banks' decisions to stand pat on interest rates as a signal of imminent global economic pain. Spot gold was up 0.3% to $1,924.45 per ounce by 0551 GMT, having logged its biggest daily drop since Sept. 5 on Thursday. "The markets looked at central banks and said you're not stopping hikes because inflation is beaten, you're stopping because you're worried that global growth is about to stop," said Ilya Spivak, head of global macro at Tastylive. The dollar stood near a six-month peak on the prospects of higher-for-longer U.S. rates, while benchmark 10-year Treasury yields climbed a 16-year high and global equities eyed their worst week in a month. Investors traditionally buy gold as a hedge against economic uncertainty, but higher rates tend to weigh on non-interest-paying bullion.

Persons: Ilya Spivak, Silver Organizations: Investors, U.S . Federal Reserve, of Locations: U.S

☆ Automakers question UAW's strike motives after leaked 'chaos' messages
▼ + stars: | 2023-09-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

United Auto Workers President Shawn Fain (center) marches with UAW members through downtown Detroit after a rally in support of the union's members as they strike the Big Three automakers, Detroit, Michigan, Sept. 15, 2023. DETROIT – Major automakers are calling into question the United Auto Workers' motives in launching targeted strikes in light of leaked messages by a union director calling to "keep them wounded for months." Ford communications chief Mark Truby said in a statement Friday the leaked messages are "disappointing, to say the least, given what is at stake for our employees, the companies and this region." In response to The Detroit News, Furman would not confirm writing the messages but according to the paper, called them "private messages" that "you shouldn't have." The leaked messages come as Fain on Friday announced additional plants the union plans to strike as part of its "stand-up strikes," a nod to historic "sit-down" strikes by the UAW in the 1930s.

Persons: Shawn Fain, Jonah Furman, Shawn Fain's, Motors, Mary Barra, Jim Farley, Mark Truby, Stellantis, Furman, Fain, Malcom X Organizations: United Auto Workers, UAW, Big Three, DETROIT –, Twitter, CNBC, The Detroit, Ford Motor, Ford, Chrysler, Detroit News, Furman, Labor Locations: Detroit, Detroit , Michigan, Indiana

☆ Where key issues stand as UAW closes in on extended strikes against GM, Ford and Stellantis
▼ + stars: | 2023-09-21 | by ( Michael Wayland | ) www.cnbc.com time to read: +8 min

Headline economic issues and benefits such as hourly pay, retirement benefits, cost-of-living adjustments, wage progression and work-life balance remain central to the discussions. Here's a general overview of where the union and companies stand on key issues. Wage tiers — putting autoworkers into distinct pay ranges or classifications — is a tricky, moving target. The companies and union have defined tiers differently during past negotiations as well as during the talks this year. UAW leaders are specifically concerned with vehicle production commitments at Stellantis, which has proposed closing, selling or consolidating 18 facilities.

Persons: Ryan Sullivan, Chris Sanders, Stone, Casey Miner, Kennedy R, Barbee, Stephen Brown, Sarah Rice, Shawn Fain, Mark Reuss, there's, wouldn't, GM Organizations: United Auto Workers, Jeep, Getty, DETROIT, Detroit, UAW, General Motors, Ford Motor, Union, Media, GM, Ford Locations: Toledo , Ohio, Michigan , Ohio, Missouri, Wells Fargo, Here's, Stellantis

(New money means any funds that aren't currently in a BMO bank account or were in a BMO account in the last 14 days.) More BMO checking account bonusesIf you don't qualify for the BMO Relationship Check Account bonus, the bank has more personal checking account bonuses available until December 8, 2023. BMO Smart Money Checking and the BMO Smart Advantage Checking Account both offer a $400 checking account bonus, and the requirements for earning the bonus are the same. High bank account bonuses at other banksIf you'd like to consider more options, the following national banks also have high bank account bonuses. Products in this post: BMO Relationship Checking, BMO Relationship Plus Money Market Account, BMO Smart Money Checking, BMO Smart Advantage Checking Account, Chase Secure Banking℠, Chase Private Client Checking℠, Citigold® Checking Account, Citi Priority, Huntington Bank Platinum Perks Checking, U.S. Bank Smartly® Checking, U.S. Bank Standard Savings Account

Persons: hasn't, you've, aren't, Chase, You'll Organizations: BMO, FDIC, Chase Secure Banking, Chase, Citibank, Citi, Huntington Bank, New Huntington Bank, U.S . Bank, Residents, U.S, Bank, Bank Standard Savings, Products, Secure Banking, Savings

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

☆ Gold prices dip as Fed ratchets up tightening bias
▼ + stars: | 2023-09-21 | by ( ) www.cnbc.com time to read: +2 min

A worker handles an Argor-Heraeus SA one kilogram gold bar at Solar Capital Gold Zrt. Bullion on Wednesday hit its highest since Sept. 1 before the U.S. Fed revised its economic projections with higher-for-longer rate warnings. "In the aftermath of the FOMC event, there have been some market jitters given the interest rate outlook. "The precious metal will probably need to rely on some slowing momentum in Treasury yields in order to post gains of any significance to the upside." Higher interest rates discourage the buying of non-interest-paying bullion, which is priced in dollars.

Persons: Tim Waterer Organizations: Heraeus SA, Solar, U.S ., Federal Reserve, U.S, Fed, KCM Trade, NAB Commodities Research, Bank of Locations: Budapest, Hungary

☆ 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

☆ Gold stalls as Fed caution keeps investors at bay
▼ + stars: | 2023-09-20 | by ( ) www.cnbc.com time to read: +2 min

Bars of gold are seen at the Krastsvetmet company, one of the world's largest producers of precious metals in Moscow, Russia on January 31, 2023. Gold prices were subdued on Wednesday as investors remained cautious ahead of the Federal Reserve's policy decision, where the U.S. central bank is expected to stay put on interest rates, but prospects loom for further hikes later this year. Spot gold was down 0.1% at $1,929.86 per ounce by 0517 GMT, holding below its highest level since Sept. 5 reached on Tuesday. The Fed's rate-setting policy committee will release a new policy statement and interest rate decision at 1800 GMT, with Fed Chair Jerome Powell scheduled to hold a press conference at 1830 GMT. A more hawkish Fed on the back of stronger-than-expected August U.S. CPI and PPI data released last week should see downside risk to gold prices, NAB Commodities Research said in a note.

Persons: Jerome Powell, Jun Rong, Janet Yellen, Wang Tao Organizations: Treasury, Fed, IG, CPI, PPI, NAB Commodities Research Locations: Moscow, Russia, ., U.S

☆ Now Available: 2,000 Rhinos, Free to Good Homes With Plenty of Space
▼ + stars: | 2023-09-18 | by ( Rachel Nuwer | ) www.nytimes.com time to read: +1 min

The southern white rhinos, thought to be the largest single population of their kind, were put up for auction in April with a starting price of $10 million. But the conservation group African Parks announced this month that it had reached a deal to take over the herd. “We felt we had a moral obligation to step in,” Peter Fearnhead, the group’s co-founder and chief executive, said. The 30-square-mile farm, Platinum Rhino, about 100 miles southwest of Johannesburg, was set up in 2009 by John Hume, a businessman originally from Zimbabwe. Mr. Hume has said that he created the farm because he wanted to help rhinos by building up their numbers.

Persons: ” Peter Fearnhead, John Hume, Hume Organizations: African Parks, Rhino Locations: South Africa, Johannesburg, Zimbabwe

☆ Gold prices edge up ahead of likely Fed rate pause
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: +2 min

Bars of gold are seen at Krastsvetmet, one of the world's largest producers of precious metals, in Moscow, January 31, 2023. Gold prices edged higher on Monday as investors priced in a pause in interest rate hikes by the Federal Reserve at its policy meeting this week, with a focus on the U.S. central bank's rate outlook. Asian shares fell, making gold more attractive for investors ahead of policy decisions by the Fed on Wednesday, Bank of England on Thursday and the Bank of Japan on Friday. Gold, which offers no yield, tends to fall out of favor among investors when interest rates rise. Chinese gold prices hit record highs last week, extending a months-long rally as consumers snap up the safe-haven asset to offset a depreciating yuan.

Persons: Tim Waterer, won't Organizations: Federal Reserve, U.S, Fed, Bank of England, Bank of Japan, KCM Trade, Securities Locations: Moscow

☆ Gold steadies as investors brace for key cenbank verdicts
▼ + stars: | 2023-09-18 | by ( Brijesh Patel | ) www.reuters.com time to read: +2 min

Spot gold was flat at $1,923.40 per ounce by 09:59 a.m. EDT (1359 GMT). Non-yielding gold tends to fall out of favour among investors when interest rates rise. [USD/Chinese gold prices hit record highs last week, extending a months-long rally as consumers snap up the safe-haven asset to offset a depreciating yuan. "While the developments in China are worth watching, we currently do not believe that this will change the outlook for the gold market," said Julius Baer analyst Carsten Menke. Reporting by Brijesh Patel and Anjana Anil in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

Persons: Edward Moya, CME's, Kazuo Ueda, Julius Baer, Carsten Menke, Brijesh Patel, Anjana Anil, Krishna Chandra Organizations: Wednesday, U.S . Federal Reserve, The Bank of, U.S, Treasury, Thomson Locations: requisitions, The Bank of England, China, Bengaluru

☆ Savings Account and CD Rates Today | Savings Rates vs CD Rates
▼ + stars: | 2023-09-18 | by ( Business Insider | ) www.businessinsider.com time to read: +21 min

Leading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Fees no monthly service fee Annual Percentage Yield (APY) 5.26% Minimum Deposit Amount $1 Pros Check mark icon A check mark. FDIC Insured* Annual Percentage Yield (APY) 5.00% Minimum Deposit Amount $1,000 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: FDIC, CIT Bank, Savings, First, Citizens Bank & Trust Company, Federal Deposit Insurance Corporation, Bank & Trust Company, Connect, Barclays, Barclays Bank, Apple, Western Alliance Bank, Mint Western Alliance Bank, Start, Cash, Products, Technology Credit, Pelican State Credit Union, Federal Credit Union, of Commerce Federal Credit Union, Newtek Locations: Axos, —

U.S. gold futures gained 0.3% to $1,938.90. The yuan hit two-week highs against the U.S. dollar after data showed China factory output and retail sales in August beat forecasts, making greenback-priced bullion more attractive for Chinese buyers. "The outlook for rates to be kept high for longer has been keeping non-yielding gold prices under pressure," said Yeap Jun Rong, a market strategist at IG. We, therefore, do not view monetary policy as supportive of gold until well into 2024," HSBC said in a note. "Institutional investors have yet to commit to gold, as net long positions on the CME and ETF holdings indicate."

Persons: Yuan, Bullion, Jun Rong, Swati Verma, Sherry Jacob, Phillips Organizations: U.S, Reuters Graphics, IG, HSBC, CME, Thomson Locations: China, U.S, Bengaluru

The Capital One Venture X Business Card† is now more widely available to new applicants. And now you can get those same benefits and more on a version of the card tailored to small business owners: the Capital One Venture X Business Card†. What to know about the Capital One Venture X Business cardWhen Capital One first announced the Capital One Venture X Business Card† in February 2023, it said the card would only be available to customers through a Capital One Relationship Manager. The Capital One Venture X Business Card† has a $395 annual fee, the same as the personal Capital One Venture X Rewards Credit Card. Earn 150,000 miles with the sign-up bonusThe Capital One Venture X Business Card† is offering a welcome bonus of 150,000 bonus miles when you spend $30,000 in the first three months from account opening.

Persons: That's, you'd Organizations: Venture, Service, American Express, Chase Sapphire, Capital, One, eBay Locations: Wall, Silicon

☆ Gold rises after China data boosts yuan against dollar
▼ + stars: | 2023-09-15 | by ( ) www.cnbc.com time to read: +2 min

Bars of gold are seen at the Krastsvetmet company, one of the world's largest producers of precious metals in Moscow, Russia on January 31, 2023. Gold prices gained on Friday as the dollar eased against the yuan after promising China economic data boosted recovery hopes in the world's top bullion consumer, although the possibility of further U.S. interest rate hikes kept investors on edge. Spot gold was up 0.3% at $1,915.09 per ounce by 0320 GMT. The yuan hit two-week highs against the dollar after data showed China factory output and retail sales in August beat forecasts in boost to recovery prospects. "The outlook for rates to be kept high for longer has been keeping non-yielding gold prices under pressure," said Yeap Jun Rong, a market strategist at IG.

Persons: Bullion, Jun Rong Organizations: Federal Reserve, IG, European Central Bank Locations: Moscow, Russia, China, U.S

☆ Savings Account and CD Rates Today | More Banks Add 5% Rates
▼ + stars: | 2023-09-15 | by ( Business Insider | ) www.businessinsider.com time to read: +21 min

Persons: Banks, you'd, —, Cash, we've Organizations: FDIC, CIT Bank, Savings, First, Citizens Bank & Trust Company, Federal Deposit Insurance Corporation, Bank & Trust Company, Connect, Barclays, Barclays Bank, Apple, Western Alliance Bank, Mint Western Alliance Bank, Start, Cash, Products, Technology Credit, USALLIANCE, Pelican State Credit Union, Federal Credit Union, of Commerce Federal Credit Union, Newtek Locations: Axos, —

☆ UAW strike brings blue-collar vs. billionaire battle to Detroit
▼ + stars: | 2023-09-15 | by ( Michael Wayland | ) www.cnbc.com time to read: +9 min

In this article STLAGMF Follow your favorite stocks CREATE FREE ACCOUNTwatch nowDETROIT — The United Auto Workers strike is bringing a blue-collar versus billionaire battle to the Motor City, just as UAW President Shawn Fain wanted. Fain, a quirky yet emboldened leader, has meticulously brought the UAW back into the national spotlight after decades of near irrelevance. He wants to represent not just union members but also America's embattled middle class, which UAW helped create. United Auto Workers union President Shawn Fain joins UAW members who are on a strike, on the picket line at the Ford Michigan Assembly Plant in Wayne, Michigan, September 15, 2023. Such profits are exactly what Fain has said UAW members deserve to share in.

Persons: Shawn Fain, Fain, Rebecca Cook, Joe Biden, Biden, We've, Ford, Jim Farley, CNBC's Phil LeBeau, he's, Mary Barra, Stellantis, bargainers, Sen, Bernie Sanders, Sanders, Bob King, I've, it's, Anthony Dobbins, Dobbins, That's, Michael Wayland, Farley, Barra Organizations: DETROIT, United Auto Workers, Motor, UAW, Ford Michigan Assembly Plant, Reuters, Ford Bronco, UAW GM, Chrysler, National, General Motors, Ford Motor, Plant, Michigan Assembly Plant's, National Labor Relations Board, GM, Ford, CNBC, Democratic, UAW Local Locations: Motor City, irrelevance, Wayne , Michigan, Ford, Michigan, Vermont

☆ Delta just dramatically overhauled its SkyMiles program. You aren't going to like it.
▼ + stars: | 2023-09-14 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Delta's SkyMiles program typically allowed members to earn loyalty rewards through miles flown. Starting January 1, 2024, SkyMiles members will earn the elite Medallion status — which gives rewards such as unlimited complimentary upgrades and waived baggage fees — through cash spent rather than miles flown. The airline has been dealing with overcrowding issues at its lounges and previously restricted access to Delta employees unless they purchase a ticket. Starting February 1, 2025, cardholders of Delta American Express SkyMiles Reserve and Delta American Express Reserve Business will be limited to 10 visits per year. AdvertisementAdvertisementHolders of Delta SkyMiles Platinum and Delta SkyMiles Platinum Business American Express cards will also no longer get automatic access to Sky Club.

Persons: Delta's, SkyMiles, MQD, Dwight James, James Organizations: Sky, Service, Delta, USA, Diamond, Bloomberg, Sky Clubs, Sky Club, SkyTeam, Delta American Express SkyMiles, Delta American Express Reserve, Delta SkyMiles, Business American Express, American Airlines Locations: Wall, Silicon

Search resuls for: "PLATINUM"

25 mentions found