meta_pixel
Tapesearch Logo
Log in
Business Wars Daily

As Skymiles Lose Relevance, Credit Card Companies Struggle to Spur Spending

Business Wars Daily

Wondery

News, Daily News, Business News, Business

4.6716 Ratings

🗓️ 10 September 2020

⏱️ 7 minutes

🧾️ Download transcript

Summary

Today is Thursday, September 10, and we’re looking at American Express vs. Chase.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Wonderly Plus subscribers can listen to Business Wars daily ad-free right now.

0:04.8

Join Wonderly Plus in the Wondery app or on Apple Podcasts.

0:08.5

If you or someone you care about has cancer,

0:11.5

Macmillan Cancer Support's online community is here to help from day one.

0:16.1

Macmillan's free online forum provides a safe space to get support from both experts and others who've been

0:22.0

there. Members support each other anonymously, sharing what's helped them on a range of subjects,

0:27.5

from dealing with side effects such as hair loss and fatigue, to money worries and managing work,

0:32.9

or talking with children about a diagnosis. There are different forums on cancer types or experiences,

0:39.0

opportunities to ask an expert, and blog posts.

0:42.0

Find support 24-7 from people who get what it's like to have cancer.

0:46.7

To join, search McMillan online community.

0:49.3

One, three. Wondry. I'm David Brown, and this is Business Wars Daily on this Thursday, September 10th.

1:09.1

Ah, remember vacations?

1:16.8

Not so long ago, the idea of a getaway was enough to persuade customers to pledge loyalty to one credit card or another. Spend enough, they'd say, and your credit card points could earn

1:21.1

you a flight to a tropical beach, a posh hotel stay, or an upgrade to a luxury class of

1:26.7

travel. But Americans aren't hopping on planes

1:30.2

very much these days, and right now many countries won't even allow U.S. travelers to visit.

1:35.2

So credit card companies are scrambling to come up with new, relevant perks that will keep

1:40.1

customers happy and justify any hefty annual fees. That might take some work. While customers

1:47.8

have been more satisfied with financial services like retail banking and mortgage lenders overall

1:52.9

during the pandemic, credit card satisfaction fell. That's according to J.D. Power and Associates,

1:58.8

a recent survey by consumer finance website Value Penguin

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Wondery, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Wondery and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.