American Express’s Membership Rewards program has been renowned for offering one of the most flexible rewards programs. Cardmembers can redeem their points for travel reservations, airline miles, or statement credits. And today, American Express has just added the option of mobile gift cards that can be redeemed for in-store purchases at select retailers. How mobile… Read More
American Express agreed to pay $85 million to 250,000 customers, plus another $27.5 million in fines, to settle accusations that its subsidiaries repeatedly violated consumer protection laws. The settlement, announced Monday, ends illegal practices including deceptive advertising and age discrimination that lasted for nearly a decade. The “laws were violated at all stages of the… Read More
The American Express Prepaid Card card launched last summer to much fanfare. And on the surface it looks pretty good, especially for young professionals without access to traditional credit. But you know how I love to dig deep below the surface, so let’s take a close look at this prepaid card and see what’s there. First,… Read More
Which travel rewards credit card gives me flexibility to use my miles on different airlines?
It’s June and that means a lot of weddings are taking place. If you’re a newlywed, it might not sound very romantic to discuss finances so soon after a dreamy ceremony. But getting old and then facing a lousy retirement together doesn’t sound romantic either, does it? It’s so much better to grow old together when you can afford… Read More
I’ve never been a big fan of prepaid cards, as many charge exorbitant fees from monthly maintenance to reloading fees. But with such rapid growth in the industry, this category of plastic is becoming a fierce contender to credit and debit cards, and I can’t help but take notice. Americans spent $140 billion using prepaid… Read More
Looking for a way to put the cache of an American Express card into your wallet without jumping through the hoops of actually becoming a member? Or maybe you just need a prepaid debit card that doesn’t charge outrageous fees? American Express released a new card this week that lets you do both. In an… Read More
Three business cards that can save you money based on your specific travel needs…
For many Americans, daily deal websites are inclusive affairs, with sites like Groupon and Living Social boasting 30 to 50% savings on everyday items from clothes to cupcakes. Now American Express is taking the daily deal concept uptown. The company announced this week that it will team up with French deal website vente-privee.com to offer… Read More
One of the complaints we occasionally hear about credit card reward programs is that the “rewards” are not very appealing. You generally find an assortment of golf and chain restaurant offers, as well as home electronics and other typical catalog fare.
Of course, that was before American Express offered what might just be the BEST REWARD EVER: for a mere 20 million points, you can fly to space. That’s right. 90 minutes at 100km above the earth.