Relaxing Chase 5/24, 100k bonus, US airline bailouts & more

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I hope everyone had a good week. Hopefully it was eventless. I hope everyone is safe and sound in their homes. Here’s a quick recap of the posts we covered this week. Firstly, I asked the question whether Chase would end up relaxing their dreaded Chase 5/24 rule. I ask this question in light of what’s happening with the economy as of late.

As Covid19 wrecks markets, will Chase end up relaxing the Chase 5/24 rule?

Chase’ 5/24 rule may or may not change, as Chase seems to be pretty keen on weeding out churners. However, if the economy continues to go south, how will Chase respond in such a situation?

An Open Letter to the Travel Industry

I penned an open letter to the travel industry, imploring them to learn lessons from what has just happened. It just cannot be business as usual. Read the full letter where I address key concerns and highlight some corrective steps.

100,000 bonus SkyMiles offer ends soon!

Currently, both the personal and business versions of the Delta co-branded cards are offering a welcome bonus of up to 100,000 SkyMiles. If you’re looking to save money on annual fees, you can always get the Gold Delta SkyMiles card with no annual fee for the first year and the ability to earn a welcome bonus of up to 70,000 bonus SkyMiles, on both the personal and business versions.

U.S Airlines set to get a 60 Billion Dollar Bailout

While this has reignited the debate about income inequality, worker’s rights and corporate welfare, the bill was passed without much opposition.

Amex Everyday Preferred: 30,000 Bonus Points + 0% APR

Currently, if you sign up for the Amex Everyday Preferred Card, you’ll earn a welcome bonus of 30,000 Membership Rewards points. Also, you’ll get a 0% intro APR on purchases and balance transfers for the first 12 month. In this post, I highlighted how you could use these points and also put forth some other options to help you save on annual fees and still earn a welcome bonus.

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