Global markets still remain in flux. As we wait and watch for signs of recovery, certain markets are showing some early signs. Also, card issuers are being more generous by offering a partial refund on annual fees and by adding new benefits. Here’s a quick recap of the stories I covered this week.
Amex issuing a partial annual fee refund to certain customers
By no means is this across the board, but multiple data points show that Amex is offering a partial refund for credit card annual fees to certain qualifying customers. These primarily include Amex’s cards that charge a high annual fee.
Complete Guide: How to maximize the $400 Amex Credit
Amex recently changed benefits on many of their cards. They doubled the Dell credit on the Business Platinum card from $200 to $400. Here’s a complete guide to help you maximize this benefit.
Why you should get an Amex card before May 31st
In addition to Amex revamping their card portfolio with benefits, there’s another reason why you should get an Amex card before May 31st.
After $6B bailout, United outlines layoff plans
A leaked memo showed details of how United’s management was communicating the news about the upcoming layoffs internally. This comes right after United received $6 billion in bailouts from the US Government.
When will international travel resume?
International travel can often be a complex web of government regulations, time zones and restrictions. However, we’re seeing a glimmer of hope as two countries could be setting the template for a future reopening of global travel.
China just reported $6.74 Billion in tourism revenue
There’s some encouraging news coming out of China as they saw a surge in tourism over the 5 day May Day holiday.
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