Articles tagged “credit cards”

Facebook’s New Libra Cryptocurrency Could Solve Travel Payments Dilemma

Facebook’s New Libra Cryptocurrency Could Solve Travel Payments Dilemma

Dennis Schaal, Skift

Cryptocurrency is only in its early days, but already it's easy to see how its mission to democratize the financial system might be co-opted. And do currency reformers really need Facebook, with all of its baggage, leading this Libra effort?

1 day ago

Facebook’s Cryptocurrency Offering to Get Backing From Booking Holdings

Facebook’s Cryptocurrency Offering to Get Backing From Booking Holdings

Dennis Schaal, Skift

Booking Holdings wants to be an innovator and supporter of alternative payments systems given its presence in emerging markets, especially in Asia. So it is understandable that Booking would want to be a first mover in Facebook's digital currency effort, regardless of how it eventually turns out.

5 days ago

Norwegian Air Suffers as Credit Card Companies Hold Back Ticket Revenue

Norwegian Air Suffers as Credit Card Companies Hold Back Ticket Revenue

Chris Bryant, Bloomberg

It isn't the best thing for Norwegian that credit card companies are holding back money. But it’s good for travelers. If Norwegian goes out of business — and we’re not saying it will — consumers may be able to get their money back.

2 months ago

Co-Branded Credit Cards from Mega Hotel Companies Woo Travelers

Co-Branded Credit Cards from Mega Hotel Companies Woo Travelers

Eric Rosen, Bloomberg

Playing the points game has never been more popular — or lucrative — for travelers and hotel companies alike.

2 months ago

Capital One Adds Frequent Flyer Mile Transfer Option to Its Credit Cards

Capital One Adds Frequent Flyer Mile Transfer Option to Its Credit Cards

Grant Martin, Skift

A new tool coming from Capital One will make its travel credit cards more competitive with American Express and Chase. Only seasoned travel pros, however, may find it useful.

7 months ago

American Airlines Makes Elite Status Harder For These Credit Card Holders

American Airlines Makes Elite Status Harder For These Credit Card Holders

Grant Martin, Skift

Use it or lose it. That is apparently the reason American Airlines is making it more difficult now for some card holders to earn elite status as perks are removed.

8 months ago

Credit Card Giant Chase Jumps Into Tours and Activities

Credit Card Giant Chase Jumps Into Tours and Activities

Dan Peltier, Skift

Tours and activities partnerships like the one between Atlas Obscura and Chase seem like a win-win. Card companies acquire knowledge about trends in the sector, and what travelers are demanding. Meanwhile, tour operators get access to loyal consumers willing to shell out for the trip of a lifetime.

9 months ago

United Is First U.S. Major Carrier to Match JetBlue’s Bag Fee Increase

United Is First U.S. Major Carrier to Match JetBlue’s Bag Fee Increase

Brian Sumers, Skift

Airline executives often say they don't know why consumers hate their industry so much. Bag fees are among the reasons.

10 months ago

Hotel Credit Card Wars Heat Up as Hyatt Relaunches Its Chase Card

Hotel Credit Card Wars Heat Up as Hyatt Relaunches Its Chase Card

Grant Martin, Skift

Hyatt's new World of Hyatt credit card launched Thursday does a better job of targeting younger and thriftier travelers. Big spenders, on the other hand, may be unhappy with some of the new perks.

12 months ago

Loyalty Members Notch a Win With Court Ruling on American Express Lawsuit

Loyalty Members Notch a Win With Court Ruling on American Express Lawsuit

Jenny Surane, Bloomberg

The rich get richer. A Supreme Court decision on Monday is a win for the loyalty program members who are wealthy and credit-worthy. But can American Express still keep charging these rates to merchants given the competition?

12 months ago

Wells Fargo Boosts Credit Card Rewards to Better Compete for Travelers

Wells Fargo Boosts Credit Card Rewards to Better Compete for Travelers

Hannah Levitt, Bloomberg

The credit card rewards scene continues heating up as more providers try to give travelers what they want. With increasingly compelling offers, why get a card that ties you to a single airline?

12 months ago

Airlines to Test Consumer Payments That Bypass Credit Cards for Direct Sales

Airlines to Test Consumer Payments That Bypass Credit Cards for Direct Sales

Sean O'Neill, Skift

Care to buy a plane ticket without needing a credit card? Soon a few airlines will test enabling air travelers to pay for their tickets by taking payments directly from consumer accounts. Three cheers for testing innovations.

1 year ago