No denying this has been a big year for change in the credit card landscape. Hyatt changed its policy on how cash and points nights are determined, the Citi Prestige 4th night free benefit is fading into the sunset, and Amex updated the Gold card benefits. Just when you’re catching your breath, ouch, American Express strikes yet again with an annual fee increase on the Business Platinum credit card.
Updated at 10:50am PT on 12/5: According to the New York Times, Netflix paid $100 million to keep “Friends” for 1 more year. That is the power that “Friends” fans have over Netflix.
Good morning everyone. I am not sure if you heard the 2 big stories that broke Monday morning: Netflix was planning on removing the TV show “Friends” from their service beginning January 1 and American Express announced BIG changes to the American Express Business Platinum Charge Card. Not surprising, Netflix users freaked out and started complaining on Facebook and Twitter. Here are a few complaints from this USA Today article. After a few hours, Netflix reversed course and granted users’ wishes: “Friends” would be on Netflix through 2019. That’s one win for the little guys! But what about the second big story from Monday?
Sometimes procrastination is a good thing. But in my case I’m still not sure. I’ve had the American Express Premier Rewards Gold Card for many years. When the Amex Everyday credit card came on the scene I always meant to get that card and give up my Amex Premier card, but I never got around to doing that. The news now is that as of October 4, Amex rebranded the Premier Gold Card with the new name American Express Gold Card. Amex says, “New benefits, new look, same card only better.” The rebranding gives us more or less opportunities to earn Membership Rewards points, depending on our spending habits. I’m still on the fence as to what I’ll now use my card for and if I’ll keep it. Continue reading
Good afternoon everyone, happy Friday! A few days ago, I needed to book an award ticket using Avianca LifeMiles, but I didn’t have enough LifeMiles in my account. Luckily, American Express recently added Avianca LifeMiles as a Membership Rewards transfer partner. I thought it would be an easy 1-2-3 process of adding my Avianca LifeMiles account to Membership Rewards, transferring Membership Rewards Points to my Avianca LifeMiles account, and booking the Avianca LifeMiles award ticket. Unfortunately, Membership Rewards was not able to add/verify my Avianca LifeMiles account right away. The first thing I did was to sign into my Membership Rewards account and click on the Avianca LifeMiles tile.