I don't think interest, or credit card interest is evil. I believe that consumers generally understand the choices they're making, even if you or I might make different choices. And people do need credit. If you didn't have credit cards, the need for ...
This email contains references to products from one or more of our advertisers. I don't think interest, or credit card interest is evil. I believe that consumers generally understand the choices they're making, even if you or I might make different choices. And people do need credit. If you didn't have credit cards, the need for credit would still be there, and consumers would be left with the next best option. If you need to fix a car to get to work, or pay a medical bill, credit cards are a better way to do that than payday loans which are better than having your legs broken. You're paying interest, but you're also getting something of value in return. Continue reading Does Earning Credit Card Rewards Take Advantage of Other Consumers?... Some people like to talk to strangers on a plane and others do not. Those that do get something out of it -- the chance of a connection of some kind -- and those that don't get something out of it too, peace and quiet, as long as there's no baby crying, no one falling asleep on you or intruding into your personal space, and you're not getting hit on by your seatmate. Continue reading Report: 1 in 50 Passengers Will Find Love on an Airplane... Four years ago Orient-Express Hotels rebranded as Belmond. They had been licensing the name Orient-Express, and they found that while the name seemed familiar (because of the train) it wasn’t really associated with the chain and didn’t drive bookings. Although it’s not clear that Belmond served them better. Orient-Express is now an Accor brand. And Belmond is putting themselves up for sale. Accor could be a buyer, they’re trying to build the Orient-Express brand and could pick up twice as many hotels as their current 2025 goal and goodness knows they buy everything else. Hyatt is mentioned as a potential buyer, it’s hard to find too many hotel companies that have the resources to acquire a small luxury chain and for whom it would be worthwhile. Big players... Continue Reading » When the first airline credit card was introduced in 1986 (the Continental TravelBank Gold MasterCard from Marine Midland Bank, now HSBC) things were much simpler. You earned one mile per dollar spent. You paid an annual fee for the privilege of earning miles. Increasingly over the past couple of years bank issuers have sought out the no annual fee market for airline cards. There's been a lot of competition for rewards card signups, including from the banks themselves. So this is a new market to reach for growth. Continue reading It Doesn’t Cost Money to Earn Miles Anymore... Effective October 15 American Airlines will be closing its Admirals Clubs at Hartford (BDL), Greensboro (GSO), and Caracas (CCS). The airline says they're doing this to control costs, offering in a statement that "These decisions are never easy, and we must always ensure we are striking the right balance of providing the level of service our customers have come to expect while keeping our costs in-check." Continue reading American Airlines Shutting Down 3 Admirals Clubs in October... |
Opinions expressed here are author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. |
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