Rising annual fees have intensified the cat-and-mouse game over rewards between card companies and customers
- Higher annual fees and tightened rules around rewards are forcing premium credit cardholders to work harder to get the most value from their cards.
- Card issuers say tighter rules around bringing guests into lounges are intended to maintain the quality of perks for all their customers.
- Card issuers are also closing loopholes that previously allowed cardholders to bypass rules to maximize their rewards.
WSJ: High-End Credit Cardholders Find It’s Harder to Get Their Money’s Worth
byu/wl-hung inCreditCards
Posted by wl-hung
3 Comments
the lounge creep has been real for years now, every time i go through pearson the priority pass line is longer than the tim hortons queue somehow
downgraded my platinum to a gold last spring and the only thing i actually miss is the fine hotels credit, everything else i can live without or get elsewhere for less
the guest policy changes especially stung cause half the value was bringing my partner through without paying extra, now it’s like cool guess we’ll just sit at the gate with the commoners
united travel bank was awesome.
the boomers in the WSJ comments are always funny