Discover is removing some key feature benefits from their credit cards starting on February 28, 2018. According to Discover, they are removing the benefits due to low usage among their cardholders. Below is an excerpt from my chat with Discover.
- Auto Rental Insurance $25k LDW: No new claims will be accepted after 5/29/18.
- Extended Product Warranty: Purchases made before 2/28/18 will be covered under the original terms and conditions for the benefit.
- Flight Accident: Flight purchases made before 2/28/18 will be covered under the original terms and conditions for the benefit.
- Purchase Protection: No new claims will be accepted after 7/13/18.
- Return Guarantee: No new claims will be accepted after 5/29/18.
In the past, I considered the Discover It as one of the top no annual fee credit cards to get, but the changes to protections hinder that.
The most significant impact on me is the extended warranty. I intentionally made a ton of electronic purchases with the Discover It card because of the extended warranty benefit. For extended warranty, purchases made before 2/28/18 will be covered under the original terms and conditions. This means that I'll have to re-evaluate which card to use for electronics moving forward.
Moving forward, the only time I plan on using the Discover It card is for the 5x categories and purchases that I don't need protection.
Since merging the Marriott and SPG loyalty programs on August 18, Marriott recently updated their status match challenge. In the past, you could request a status match every year. With the program refresh, you can only request a status match every three calendar years.
The ideal time to start building your credit is when you’re a student because it will set you up for success in the long-term. Here’s an analysis of the best student credit cards on the market.
The Crystal Visa Infinite credit card by City National Bank is one of the few Visa Infinite cards on the market with access to the Visa Infinite Discount Travel Portal. Although the card has been on the market for a while, I haven’t reviewed it yet because it has a unique underwriting process, and there is not always a signup bonus available.
The cards in my wallet rotate each month depending on if there’s a new 5% cash back category or if I’m trying to hit the minimum spend on a new credit card. For the month of September, I have the Cash Card, Amex SPG Luxury card, Chase Sapphire Reserve, and my Costco card.
Best Western is a global budget-friendly hotel chain that has a status match program. If you have status at any other hotel loyalty program, you can status match to Best Western Elite.
The Discover It and Chase Freedom are cards that feature rotating 5X cash back categories each quarter you activate. Earn 5X on up to $1,500 in combined category purchases for each card.
Chase 5/24 has an unofficial rule that states that if you have opened 5 or more credit cards from ANY credit issuer in the past 24 months, you will not be eligible for select Chase cards. In the past year, Chase has added a handful of new cards, and application rules have also changed.
Increased bonuses of the month highlight keeper cards that have a higher than usual intro offer. This month features the IHG Rewards Club Premier, Amex Hilton Aspire, and the Amex SPG Business cards.
Priority Pass Select is a benefit that’s offered with select premium travel credit cards. Be aware that the benefit level may vary based on the credit cards you have.
If you're someone who flies JetBlue and is invested in their credit card ecosystem, there is a 2-card set up available to optimize for points. The Barclays JetBlue Plus + JetBlue Business 2-card setup is interesting because the 10% rebates stack, meaning you get a 20% rebate if you hold both cards.