Even more rapid changes happened in the points and miles world over the course of May 2020. The COVID-19 continued to wreak havoc on the travel world, the global economy, and the lives of so many people. This is the second iteration of my new Monthly Reviews and it includes a post about Amex card application rules and more.
Without further ado, here are the best posts of May 2020:
American Express Credit Card Application Rules
My guide to American Express’ credit card application rules was refreshed in May after Amex implemented some new rules. Fortunately, it turned out to be the most popular post of the month.
American Express has some of the most lucrative credit and charge cards in the industry. And this post serves as a resource to help prospective Amex cardholders learn their rules for card applications.
Taking Inventory: What Credit Cards Does PYCR Have?
While this post did not garner as many views as others in May, its one of my personal favorites. Sharing my credit card inventory showed readers how I play my cards right. It was also a creative way to present an effective credit card strategy.
Furthermore, I shared what credit cards I would like to get in the near future. Once travel becomes safe again, I might just acquire a new credit card and its perks.
Chase Has Added Temporary Perks to the Sapphire Cards
Moreover, May 28 was a huge day for Chase Sapphire cardholders. That’s because Chase added temporary perks to those cards. Chase already added a plethora of perks to the Sapphire Reserve in response to the COVID-19 pandemic. However, they added three more temporary perks late last month to keep more cardholders.
On a personal note, I downgraded my Sapphire Reserve back to the Sapphire Preferred in early May. I did so because the Reserve’s annual fee was too high, and I was not using the Reserve’s benefits. Fortunately, I am still eligible to use Chase’s new Pay Yourself Back feature. This new feature lets me use points towards gas and grocery purchases.
American Express Is Charging $25 to Reopen Cancelled Cards
Another post that garnered some decent attention was about cancelled American Express cards. In May, Amex began charging $25 per card to cardholders who want to reopen their cancelled cards. Cardholders have 30 days after cancellation to decide to reopen.
This news should come as a warning to think twice before cancelling an American Express card. Cancelling too soon can cost you $25 if you want to reopen. Plus, cancelling (way) too soon might cause you to be ineligible for future sign-up bonuses
The four posts featured above generated considerable views and readership, especially in these tough times. I am so grateful for everyone who has read them and my other posts over the last month. Thank you again!
Hopefully, times will get better and we will be able to travel once more.