I’m constantly scanning the news for anything related to airlines, hotels, points and miles, credit cards, and banks. I decided to start a weekly feature where I’ll post some of the highlights. Here’s the first Miles and Points News Roundup!
Credit Cards and Banks
Are Cash-Back Credit Cards Becoming Irrelevant?: Were they ever relevant in the first place?
4 Credit Card Trends for 2017 and What They Mean for You: In 2017, we could be seeing changes to credit card reward offerings, higher interest rates, extension of less credit to consumers, and an upswing in mobile purchasing.
Warren Buffet Hints Bank of America Could Be His Next Big Investment: “When a company grows and outstanding shares shrink, good things happen for shareholders.”
America’s Biggest Banks Just Rolled Out Their Venmo Killer: The Fight of the Century: Venmo vs. Zelle
Delta, Korean Air in Joint Venture Talks to Deepen Alliance: If this deal goes through, Delta and Korean Air could hold 14% of the trans-Pacific market.
SIA Introducing Changes to KrisFlyer Redemptions: No more 15% discount on online mile redemptions 🙁
United and American Airlines to Board Basic Economy Passengers Last: I don’t think we could have expected anything else for this subpar offering from United and American.
Southwest Airlines Donates 10,000 Roundtrip Flights to Benefit Families in Need: Four for you, Southwest, You GO Southwest!
La Quinta Enhances Loyalty Program with New Benefits: Upgrades include the ability to redeem a free night at check-in with your cell phone. If only this benefit wasn’t at La Quinta.
Marriott International Appoints David Flueck as Senior Vice President, Loyalty to Oversee Company’s Award-winning Programs: It’ll be exciting (or nerve-wracking) to see what they do with the Starwood Preferred Guest program. Stay tuned.