General Motors (GM) has entered a long-term partnership with Barclays to launch exclusive GM Rewards Mastercard and GM Business Mastercard in the US. The partnership aims to offer cardholders unique benefits and experiences, including the ability to earn and redeem points on GM vehicles and services. This move expands Barclays’ US credit card portfolio and aligns with its growth strategy.
The Southwest Rapid Rewards Plus Credit Card offers a balanced approach to travel rewards, providing a modest annual fee alongside a decent welcome bonus and valuable perks for casual Southwest flyers. Discover if this card is the right fit for your travel needs and budget.
American Airlines is reportedly in negotiations with Citigroup to become its exclusive credit card partner, potentially ending its long-standing relationship with Barclays. While discussions are ongoing, regulatory approval and potential objections could delay or even prevent a new partnership.
JPMorgan Chase is reportedly testing a new credit card product in the UK, aiming to expand its offerings to British consumers. The move comes as the bank is also rumored to be in talks with Apple to potentially take over their credit card program.
JPMorgan Chase is reportedly in discussions with Apple to become the new issuer of the Apple Card, potentially replacing Goldman Sachs. Negotiations are ongoing, and a deal could still be months away as details like the price and agreement with Goldman Sachs are yet to be finalized. JPMorgan is looking for concessions from Apple and is willing to pay less than face value for the outstanding balances in the Apple Card program.
Ether.fi has unveiled its new blockchain-based credit card, Ether.fi Cash, which allows users to spend fiat currency while using their crypto assets as collateral. The card offers 3% cashback on all purchases, no restrictions, and leverages Scroll’s Ethereum Layer-2 network for faster and cheaper transactions.
Alibaba, in collaboration with Mastercard and Cardless, has launched a co-branded credit card aimed at attracting US businesses to its global B2B e-commerce platform. The ‘Alibaba.com Business Edge Credit Card’ offers rewards and financing options for purchases made on Alibaba.com, aiming to boost cross-border and domestic sourcing.
Amazon has launched a new credit card in partnership with Barclays, offering cashback on Amazon purchases and an initial interest-free period. However, the card has a high APR after the introductory period, and lacks Apple Pay integration.
Frontier Airlines has partnered with Barclays to offer free checked bags for holders of the FRONTIER Airlines World Mastercard®, adding to the card’s existing perks like Instant Elite Gold Status and miles that never expire. This new benefit makes the card even more attractive for budget travelers looking to maximize value on their flights.
A range of new rules and regulations will come into effect from August 1, impacting everything from FASTag usage to credit card transactions. Key changes include new FASTag requirements, revised HDFC credit card fees, and the opening of the Ola Electric and Ceigall India IPOs. The Common Admission Test (CAT) registration also begins on August 1.
