Is The Golden Age of Credit Card Bonuses Ending? Here’s How And Why Chase and Amex Are Quietly Changing the Rules
One upside of this new approach that Chase and American Express are taking is that you'd expect richer rewards and lower annual fees to be the result in a highly competitive industry. In fact we have seen much richer rewards over time - standard bonuses were smaller and points-earning was generally just one mile per dollar when I got started - but fees have also risen. There are also a lot more rewards card issuers than there used to be, and a lot more products, so the customers Chase and American Express are trying to avoid can simply look elsewhere. Continue reading Is The Golden Age of Credit Card Bonuses Ending? Here’s How And Why Chase and Amex Are Quietly Changing the Rules...
One upside of this new approach that Chase and American Express are taking is that you'd expect richer rewards and lower annual fees to be the result in a highly competitive industry. In fact we have seen much richer rewards over time - standard bonuses were smaller and points-earning was generally just one mile per dollar when I got started - but fees have also risen. There are also a lot more rewards card issuers than there used to be, and a lot more products, so the customers Chase and American Express are trying to avoid can simply look elsewhere.
Continue reading Is The Golden Age of Credit Card Bonuses Ending? Here’s How And Why Chase and Amex Are Quietly Changing the Rules...
