Warning! Amex Clawing Back Bonuses For Cards Closed within 12 Months

The American Express Rewards Abuse Team is cracking down on more cardholders who are getting bonuses and then canceling cards, even if that happens after 11 months.

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Chase Adds Spending Tracker for Credit Card Bonuses

Chase has added a new tool that will track your spending requirement towards credit card bonuses. The tool looks like is showing only for Ultimate Rewards earning cards for now, both online and in the app. DoC reports that the new Chase tracker will provide the following information: Confirming you have a signup bonus attached…

Visa and Mastercard will Increase Interchange Fees

Visa and Mastercard are considering raising interchange fees on card transactions in the U.S. The two credit card issuers generate most of their revenue from these small processing fees. Every time you make a purchase with a credit or debit card, merchants pay a small fee to the bank that issued this card, such as…

Synchrony Ends Relationship with Stash Hotels

Synchrony issues the Stash Hotel Rewards Visa Card. I have covered the card in the past, when they had a 50K bonus that turned out to be a targeted offer 10K bonuses were issued instead. Now Synchrony and Stach Hotels are ending their partnership. The agreement between Synchrony and Stash for the Stash Hotel Rewards…