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Rewards tougher to redeem as airlines fill flights
May 16, 2010
Los Angeles Times by Hugo Martin
All airline mileage reward programs are not created equal.  In fact, finding the right one is more crucial than ever. With airlines eliminating routes because of declining demand and packing each plane as close to demand as possible, it’s getting increasingly difficult to redeem your reward-program points for a seat on a plane.

icon LA Times - Rewards tougher to redeem as airlines fill flights
 
Brits embrace credit card perks
May 10, 2010
everyinvestor.co.uk by Martin Fagan
Over half of Britain's credit card users (56 per cent) chose their credit cards based on the incentives on offer from providers, according to research from moneysupermarket.com. Credit cards still play an important role in the nation's finances and reward schemes can be a good way to get some extra bang for your buck, says the comparison site.

icon MoneySupermarket.com - Brits embrace credit card perks

 
Rewards and Lack of Fees Encourage Credit Card Use
Mar 30, 2010
Compete.com
Per a recent survey by compete, Credit card holders are more likely to use cards that offer rewards and lack annual fees. Almost half of survey respondents (46%) cited some type of reward as the most appealing feature of the card they used most frequently. Reward points were the most popular form of reward (20%), followed by bonus on some expenses (9%), unlimited cash back and airline miles (7% each), and bonus for exclusive online shopping (3%).

icon Compete - Rewards and Lack of Fees Encourage Credit Card Use
 
2009 - A Terrible Year for the Credit Card Business
Mar 25, 2010
JPMorgan Chase Letter to Shareholders by Jamie Dimon, CEO
By all measures, 2009 was a terrible year for our credit card business" - so begins Jamie Dimon's discussion of JP Morgan Chase's Card Services business unit - as Dimon writes in his annual letter to shareholders. The unit lost $2.2 billion in 2009 with an additional impact coming this year resulting from the recent CARD Act changes that have recently taken effect. Dimon notes that "in the future, we will no longer be offering credit cards to approximately 15% of the customers to whom we currently offer them" - due to the changes imposed by the law.

icon 
JPMorgan Chase - Letter to Shareholders

 
Frequent Buyers Are Saving the Airlines From Financial Ruin
Feb 08, 2010
Smarter Travel by Tim Winship
Travel loyalty programs are money-makers. Fully developed programs earn significant revenues from the sale of frequent flyer miles to the hundreds of companies that award miles to consumers who buy their products or services.

icon STM - Frequent Buyers Are Saving the Airlines From Financial Ruin
 
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