Chase Sending Reduced APR Offers to Customers - BestCards.com. One of the bigger financial stories coming out of the COVID-19 outbreak (now pandemic) has been the dramatic decline of stocks around the world.
There have been numerous efforts to try and curb these losses, including an announcement by the Federal Reserve lowering interest rates. There has even been speculation of the Fed cutting interest rates to zero, which would be an incredible turn of events. Consumers will be one of the biggest winners from these cuts. And Chase sending reduced APR offers to existing customers led the way. Chase Reduced APR Offers The Chase reduced APR offers were quickly reported through social media and several credit card forums, including Reddit. There have also been several reports of offers of 0.99% APR, though these are fewer are far between. Should You Accept Chase’s Offer? Bestcards. How Does the Coronavirus Rate Cut Affect Your Credit Cards? On March 3, the Federal Open Markets Committee (FOMC) made an emergency cut to interest rates in response to fluctuations in the market caused by COVID-19.
Unease continues to grow as the novel coronavirus and its effects continue to dominate the news cycle. How does this cut to the benchmark interest rate affect consumer credit cards? In the United States, financial institutions have kept a close eye on the economy as infections from the coronavirus begin to spread. As a result, many worry that there will be significant financial consequences in its aftermath, both domestically and globally. New Chase Get More Now Program Launches - BestCards.com. United Club Card Changes to Become Visa Infinite - BestCards.com. The United Club Card is one of the more popular airline credit cards for those who prefer to travel with United Airlines.
The card offers 2X miles on United purchases, 1.5X miles on all other purchases, and complimentary United Club membership for an annual fee of $450. Now it seems that Chase is seeking to make changes, including the now known United Club Card changes to a Visa Infinite. U.S. Bank to Acquire State Farm Banking Portfolio - BestCards.com. New U.S. Bank Altitude Cards Unveiled - BestCards.com. Federal Reserve's Emergency Coronavirus Rate Cut - BestCards.com. In a preemptive move to assuage fears about the economy in the face of a coronavirus pandemic, the Federal Reserve has cut interest rates by half a percentage point.
Federal Reserve's Emergency Coronavirus Rate Cut - BestCards.com. Airlines Waive Cancellation Fees Due to Coronavirus - BestCards.com. Coronavirus fears are gripping Americans as the illness’ spread continues.
Airlines have been hit particularly hard due to the virus, with many carriers suspending flights to Italy, China, and South Korea. According to news reports, Germany may be the next country to face flight reductions, as the number of infections continues to grow. Carriers Changing Cancellation Fees Over Coronavirus One of the most significant travel developments in the outbreak, however, has been the suspension of cancellation fees and the waiving of changing fees by airlines across the globe. Many of the changes are for those flying to the countries hit hardest by the virus – namely China, Iran, Italy, Japan, the Philippines, and South Korea. Current List of Airlines Suspending Change and Cancellation Fees: Air CanadaAlaska AirlinesAmerican AirlinesBritish AirwaysCathay PacificDelta AirlinesHawaiian AirlinesJetBlueQantasUnited Airlines.
Credit Card Debt in America Grows. New data shows that Americans average more than $6,000 in credit card debt.
The actual figure, a staggering $6,194, is $154 more than the 2018 average: $6,040. This rise in credit card debt is part of a worrying trend where more and more Americans are relying on their credit cards – something which can have disastrous consequences. Credit Card Debt: A Growing Problem for Many Americans. Amtrak Introduces New Fare Structure - BestCards.com. Amtrak is introducing a new fare structure starting March 1st.
The new system will eliminate the ability of those who purchase the cheapest fares to receive refunds when canceling. Other passengers will face additional fees when making changes to existing bookings within 14 days of travel. The new fare structure closely mirrors the pricing of airlines, which is no surprise. Amtrak’s current CEO is Richard Anderson, a former executive with Delta Air Lines. Amtrak’s New Pricing Structure. Airport Lounge Access from Capital One Coming 2021 - BestCards.com. Move over American Express.
Airport lounge access from Capital One is on its way, and it may just give the Centurion Lounge a run for its money. Those who have waited patiently for lounge access from their Capital One travel cards don’t have to wait much longer. The company plans to debut its first-ever lounge as early as 2021 in Washington DC’s Dulles Airport (IAD). This location comes as no surprise, given that the Capital One Headquarters sits just a few miles away. MGM Data Breach: How to Protect Against Fraud BestCards.com. Add MGM Resorts International to the list of major corporations falling victim to data breaches.
While the company won’t reveal the total number of guests affected, estimates range as high as nearly 11 million people. MGM Resorts joins the likes of Yahoo, Equifax, Marriott, and U.S. Defense agency DISA in suffering breaches, which expose the personal and financial information of tens of millions of Americans. Dodge Auto Loan Debt With a DrivePlus Credit Card - BestCards.com.
Between credit cards, mortgages, car payments and student loans, American consumers are saddled with a lot of debt.
This can make buying a vehicle tricky, since most people don’t want to add to their overall dues. Can a credit card like the Dodge DrivePlus Mastercard® help? Muscle Cars and American Debt Americans love muscle cars; Dodge has been a fan favorite since they began to produce fast, sexy cars in the early 1950’s. While some have been discontinued, models like the Challenger get an update each year. The “holy trinity” of American Muscle – the Chevrolet Camaro, Dodge Challenger, and Ford Mustang contributed approximately 1% of total U.S. car sales. SmartHealth PayCard: the First Medical Credit Card - BestCards.com. SmartHealth PayCard Debuts as the First and Only Credit Card Dedicated to Medical Expenses The SmartHealth PayCard recently debuted, and it may change how Americans pay for medical care. Hit the Dunes with the 2020 Jeep® Gladiator Mojave - BestCards.com.
Advertorial Disclosure – Many of the card offers that appear on this site are from companies from which BestCards may receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). BestCards does not include all card companies or all card offers available in the marketplace. Once again, Jeep® is taking the off-roading world by storm – sandstorm, that is. This time, the manufacturer is heading into new terrain with its very first desert rated vehicle: the 2020 Jeep® Gladiator Mojave. Equipped with an upgraded frame, suspension system and an all-new rear axle locker, this mid-size pickup truck hopes to be a desert dweller’s dream. 2020 Jeep® Gladiator Configurations for the Mojave Jeep vehicles, including the other Gladiator models, include the best 4×4 technology for driving over endless trails of rocks and mud.
The Best Credit Card Signup Bonus for 2020 - BestCards.com. The Capital One® Venture® Rewards Credit Card is another darling among credit card aficionados. This travel rewards card gives new cardholders 50,000 bonus miles in their first 90 days. This is lower than what the Chase Sapphire Preferred card offers, but the spending requirement is not as high. You only have to spend $3,000 in your first three months to qualify for these miles. Westgate Resorts Completes Miami Beach Renovations BestCards.com. Westgate Resorts is the largest privately-held timeshare company on the planet, with over 14,000 luxury villas and rooms under their portfolio. This impressive collection includes properties in 27 destinations across the United States, including Westgate Las Vegas, Nevada; Park City, Utah, Pigeon Forge, Tennessee; and Westgate Resort Orlando and Cocoa Beach, Florida.
Recent Westgate Resort Renovation Projects These destinations include two resorts recently in the news: one in Midtown Manhattan, while the other sits on South Beach in Miami. Best Asia Miles Transfers to Consider During Coronavirus? BestCards.com. New Accor Credit Card Announced Best Asia Miles Transfers to Consider During Coronavirus? BestCards.com. Best Asia Miles Transfers to Consider During Coronavirus? BestCards.com. ExxonMobil™ Smart Card Review - BestCards.com. At a Glance The ExxonMobil™ Smart Card is a gas rewards card that helps drivers save money on every gallon of fuel they pump for no annual fee. Chase Southwest Rapid Rewards® Cards Get a Facelift - BestCards.com. A brand new signup bonus for each of the Southwest Rapid Rewards® cards from Chase Bank is ready for liftoff.
Alaska Airlines Partnership with American Airlines - BestCards.com. Alaska Airlines Strengthens Partnership with American Airlines and Plans to Join One World Alliance. Public library - corysantos - Diigo. VOILÀ Hotel Rewards Visa Signature® Card Review - BestCards.com. At a Glance The VOILÀ Hotel Rewards Visa Signature® Card from Commerce Bank rewards boutique hotel aficionados with 5X points per $1 on eligible purchases and the prospects of an extra 50% more points after meeting a minimum spending requirement in the purchasing year. Ideal for Those Who: Prefer to stay with boutique and smaller hotel chains on their travelsSpend more than $10,000 per year with VOILÀ HotelsDon’t want to pay an annual fee on a credit card VOILÀ Hotel Rewards Visa Signature® Card Review. Barclays Announces New Credit Card from Emirates - BestCards.com.
Barclays announced a new relationship today with Dubai-based airline, Emirates.