Another week has gone by and its time for me to summarize this week’s posts for those who have missed out. Links are provided to each one for curiosity.
I want to thank my readers for the numerous views this week. Three of my four posts were Travel Update’s most popular at different times throughout the week.
I started the week by throwing out a suggestion for a major bank to partner with an autism-related foundation and create a new credit card. There are currently no autism-related credit cards in the US market. My suggestion was to change that by asking major banks to create such a card.
Bank of America successfully did this with the Susan G. Komen Foundation and has collected over $11 Million since starting the program in 2009. Their breast cancer awareness card is a variant of their Cash Rewards Card.
On Tuesday, I wrote about manufactured spending (MS) and why it can be useful in collecting points and miles. MS is buying cash equivalents (like gift cards) with a credit card at merchants that code within a high bonus category. For example, you can use the American Express Gold Card to earn 4x Membership Rewards (MR) points for buying a gift card at a grocery store.
On Wednesday, I reviewed Hilton and Amex’s premium credit card, the Hilton Aspire. This is the card for you if you want a direct path to earning Hilton Diamond Status, their highest status. It’s also a great substitute for transferable point-earning premium cards like the Chase Sapphire Reserve. For perks and earning, Hilton loyalists would be hard-pressed to find a better card.
Late on Friday, I went back to Hilton and reviewed the Hilton Honors Business Card. This card is very similar to the Hilton Ascend. The only major differences are that the business version has more 6x bonus categories and perks than the personal version.
I hope that everyone has a great Sunday! Stay posted for more content next week!