With the refresh of the popular Blue Cash Preferred credit card, American Express is looking to get into millennials’ wallets.
It also includes 3% back on transit purchases including parking, tolls, train fares and rideshares, including Lyft LYFT, -0.39% and Uber UBER, +0.00% The changes only apply to the Blue Cash Preferred card — the other cards in the Blue Cash line including the Blue Cash Everyday card will remain the same.• 6% back at U.S. supermarkets up to $6,000 in purchases The changes will affect both new and existing card holders. New members who apply for the card will receive a welcome bonus of $250 if they spend $1,000 with the card in the first three months after opening. That’s an increase from the previous welcome bonus, which was $200.
In 2019, everyday spending looks a lot like the habits of a millennial who lives in a big city, loves taking Lyft LYFT, -0.39% and Uber UBER, +0.00% rides everywhere while listening to Spotify SPOT, -2.62% and watches Netflix NFLX, -0.60% at night. While offering cashback for streaming services may make sense in the age of cord-cutting, it’s not necessarily the best use of a cashback category. While offering cashback for streaming services may make sense as a marketing ploy in the age of cord-cutting, it’s not necessarily the best use of a cashback category. A recent study from personal-finance website CompareCards found that people spend $38 on average each month on streaming services.
Source: Loan Digest (loandigest.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Do Uber And Lyft Compare In Terms Of Key Revenue And Valuation Metrics?Ride sharing behemoth Uber recent filed its S-1 as it looks to go public, following rival Lyft which listed in March. In this analysis, we compare Uber and Lyft’s key operating and financial metrics (for 2018).
Source: Forbes - 🏆 394. / 53 Read more »
Uber and Lyft drivers reveal the most annoying things that passengers do during ridesBusiness Insider asked dozens of drivers about their biggest pet peeves. Here's what they had to say. Can we reveal the most annoying things they do? Rape, murder, talk to us when we have headphones on.... happy to expand If your taking UberX “Disagreeing with the route” in some cities like Chicago you can be banned and ticketed from using rideshare if you do you not follow your customers route. Uberpool is different but in Chicago you call 311 and that driver will get a ticket and banned ‘Making female drivers uncomfortable’ if u cant handle drunk passengers or people u need to find another profession. This mentality is why foreign intellectuals who become cab drivers had hard times in Chicago on getting fares. The customer is not there to serve you
Source: BusinessInsider - 🏆 729. / 51 Read more »
Uber is 'totally different' to Lyft, major investor Saudi Arabia says ahead of IPOSaudi Arabia's sovereign wealth fund says Uber is 'totally different' to Lyft despite investor concerns over profitability.
Source: CNBC - 🏆 12. / 72 Read more »
Lyft sinks to new low after Uber files to go publicLyft shares touched a record low on Friday morning after its ride-hailing rival Uber filed to go public.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Uber, Lyft, Pinterest, And Zoom: SEC Filings Reveal Trends In Private Company Stock Grant DesignWhen you work for a fast-growing private company that's likely to go public or get acquired, you often take the job with the idea that you’ll get sizeable stock grants and perhaps life-changing wealth. How do these grants work? Let's look at registration statements of IPO or soon-to-be-IPO firms. Consult an Equity Compensation specialist when evaluating restricted stock grants...
Source: Forbes - 🏆 394. / 53 Read more »
I have 26 credit cards, but there are just 4 I'd tell anyone to openWhen people ask which credit card to open next, she has four go-to picks — because while she has 26 cards, you can get a lot of value from fewer. So I’m trusting the opinion of someone with 26 credit cards?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Uber, Didi slam Mexico City's new rules on ride-hailing, including cash banUber, Didi Chuxing and other ride-hailing firms on Thursday criticized a host of... byJuliaLove noetbro Oh too bad.
Source: Reuters - 🏆 2. / 97 Read more »
'Avengers: Endgame': The usual end-credits scene was 'never in the cards' (spoilers)Having bonus scenes in the credits is a Marvel movie tradition - at least until 'Avengers: Endgame,' though it does have a little something extra.
Source: USATODAY - 🏆 100. / 63 Read more »
Best Travel Rewards Credit CardsThanks to the internet, and in particular, Instagram, travel hacking is all the rage. With bloggers stealing headlines for snagging free around-the-world flights with miles, it might seem like the points game is just for the most frequent of flyers. Guess again. If you have a decent credit score, you too can snag free flights […] Archibald rewards include hitting it from the back with my belly making contact with ur arse many times
Source: Forbes - 🏆 394. / 53 Read more »
Starting today, JetBlue frequent flyers can transfer miles from their Capital One credit cardCapital One miles can be transferred to JetBlue starting May 1. Plus, JetBlue flyers can get a 50% bonus on mileage transfers for the month of May.
Source: BusinessInsider - 🏆 729. / 51 Read more »