- Lyft Tests Self-Driving Cars In Boston by PYMNTS. I find myself cheering more and more for Lyft to succeed over Uber.
- The Secret Sauce Behind Scott’s Cheap Flights by Nomadic Matt. I’m surprised that they are mostly doing manual searches, I would have thought it would have been mostly automated with some manual checking at the end of the process.
- Card Shutdowns and BustOut Score Risk Factors by reddit. Very interesting, well worth a read.
- The Delta Amex Deal is Up to $3 Billion This Year. Here’s Why by View From The Wing. This is why I’m shocked when other brands like Accor & AirBnB don’t have co-branded credit card deals.
Interesting article on Bust Out Score. This explains the aggressive AA on the part of Chase and Barclays.
I doubt that whitepaper is any news to the big banks who have their own giant risk management teams. After all, they’re the first ones to notice when someone has racked up massive CC debt and then vanished.
My guess is that Experian wanted to give it a name, codify it, act like they discovered it, and hype it up to sell their score and data to smaller banks.
Also I love Scott’s Cheap Flights! Going to Maui on a BOGO from the Alaska Airlines CC at a super cheap rate that SCF sent me!
I too am hoping for Lyft!! Such a better company! With all of the Uber bad press, I’m actually hoping that AmEx contracts with Lyft for the $15/month rideshare credit on the Platinum and gets rid of Uber. I know Lyft isn’t as worldwide yet but shit, I’d so much rather take Lyft and let Uber die a painful death for all their shitty harassment, scandals, and backroom politics.
This guaranteed Citi Dividend Rewards will be a sock drawer for all of 2018.
Can’t post on reddit because my karma is too low, but I had a very similar Chase Shutdown story to reddit user WayNorth49. My Chase shutdown occurred after applying for (and being approved for) the British Airways card. Previously had a couple older accounts (oldest being 29 years) and recently had upped the churning with a bunch of new cards. This combo seems to be a big red flag for bustout because it causes a fairly rapid change in AAoA. I would definitely tread cautiously on applying for the British Airways card, because that card seems to be associated with a closer review of credit with Chase (in my case and the other reddit user’s case).
I doubt it’s the BA card, but rather any of the few not subject to 5/24. No one is applying for 5 cards in a year and then getting CSR, FU, CIP, MPX, IHG, etc.
Yup that reddit article was something. Smart and generous guy to share all that
Thanks!