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As the world grapples with the effect of Covid19, we saw a slow week, with a few good and bad pieces of news. On one hand, Amex relaxed restrictions on the time period one needs to meet minimum spend requirements. On the other hand, airlines and hotels are regrouping amid bailouts as they figure out next steps in a tight market. Here’s a quick recap of the stories we covered this week.
Amex relaxes restrictions, offers customers more time to meet minimum spend
This was by far the best news of the week. In a very customer friendly move, Amex is offering up to three extra months to customers who have signed up for Amex cards. The easing of restrictions by Amex is great as it applies to applicants in the near future as well. Read to story to get all the details.
These airlines and hotels will survive Covid19
In this post, I highlight how the travel industry is all set to change. Airlines and hotels that want to survive Covid19 and thrive later will need to get a few things right. However, as consumers, we’ll need to be vigilant and do our bit as well.
U.S Hotels say $2 Trillion stimulus package not enough
AHLA’s CEO Chip Rogers, who leads the group that represents the hotel industry, commented that while the stimulus package was great, it won’t do enough to revive the industry. Another stimulus may be needed very soon.
Ink Business Unlimited Card by Chase: 50,000 points/$500 bonus + 0% APR
If you’re looking for a no annual fee business card, then the Chase Ink Business Unlimited Card is currently offering a welcome bonus of 50,000 points or $500. You’ll also enjoy a 0% APR for 12 months.
Who should & shouldn’t convert their miles & points into cash
As markets tighten and things grind to a halt, many are asking the question. I outline scenarios in which it may make sense for you to convert your miles & points into cash. I also outline my strategy and what I plan to do during this period.
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This card is currently offering a 10,000 points bonus and a 0% Intro APR for the first 12 months.
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