After February 8th, Chase isn’t letting any more people into the debit rewards program. Citing shrinking margins due to recent legislation, Chase is closing off all new enrollment. [More]
Whenever a monolithic company concocts a rewards program, the inclination is to view it with a skeptical eye, as a Trojan Horse that will surely lead to exploitation. But at first glance, it’s tough to find fault with Microsoft’s seemingly benevolent Xbox Live Rewards program. [More]
Due to the nature of Craig’s work, he spends about half of his nights sleeping in hotels. If you’re a hotel chain, he’s the kind of customer you would want to work hard to keep. However, Hilton doesn’t think so: since his work didn’t bring him near any Hilton properties in the last year, they canceled his rewards account and purged all 323,000 of his HHonors points. [More]
Lifehacker has some good reminder tips about how to get the most mileage out of your frequent flyer miles. Just like how you book a regular ticket, being flexible about your airports, adding connections, and flying on slow travel days can help you stretch their miles to their max. What frequent flyer mile strategies do you use? Sound off in the comments. [More]
Last week, we learned that at least one Gamestop employee won’t even sell to you unless you sign up for a rewards card. Why might that be? Reader Dragonfire81 has mysterious inside knowledge, and warns all good Consumerists to stay far, far away from the new rewards program that Gamestop is pushing. [More]
Did you know that GameStop is a membership-only establishment, like a warehouse club? You’re only allowed to shop there if you have their rewards card. I didn’t know that, and neither did Jeff. He tells Consumerist that he foolishly tried to purchase a game, but refused to join the rewards program or give the cashier his phone number. The cashier, in turn, refused to sell anything to him. [More]
Popular cashback choice Schwab 2% Visa card is getting taken over by FIA card services September 30th, and customers fret that the new owners will kick the rewards down to 1%. [More]
The annual fee for the Starwood American Express card is going up from $45 to $65. Is it worth the price to pay for the right to use a credit card? [More]
I noticed something interesting recently when signing up for a RewardZone account at Best Buy. Either it was a glitch or this is an ongoing issue, but I couldn’t tie together my RewardZone number and my account to purchase things on the site.
The Chase Freedom card is now nerfed. Roz writes:
We’ve seen food items, airline mile programs, and credit card limits all shrink as the economy worsens. Now it’s time for other rewards programs to become just a little less rewarding—and somewhat sneakily, too, in these two stories recently sent in by readers.
Part of the new year and the new year is getting rid of unnecessary clutter, like rewards points! Here’s 4 ways to increase your chances of losing your credit card rewards points.
Whether it’s because of frequent flier miles that are impossible to redeem, overly complicated terms and conditions or reward credit cards with high APR’s, credit card reward programs are usually a rip off, according to CNN Money. Consumer Reports says that about 85% of American households participate in at least one rewards program which encourage consumers to spend more money but often turn out to be more trouble than they’re worth. To help you wade through the confusion, Consumer Reports has assembled 7 tips to help you make postive use of credit card reward programs. The list, inside…
The financial columnist at MSN Money quizzed five credit card industry experts and a frequent flyer expert to find the best cards when it comes to travel programs, cash back programs, and savings programs. She narrowed it down to a top six—two in each category—and a bunch of near misses.
Blueprint For Financial prosperity has put together a list of the cards offering higher-than-normal cashback returns, and what transactions they’re best suited for.