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Swipe, Spend, Repeat: The Perks Arms Race in Your Wallet

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Manage episode 491974190 series 2518362
Content provided by The Wall Street Journal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

JPMorgan Chase recently announced that it was raising the annual fee on its popular Sapphire Reserve credit card by 45%. The company believes enough customers will stick around because of the status and exclusivity the card conveys. WSJ’s Imani Moise reports on how credit card companies have increasingly attracted customers by offering perks. Jessica Mendoza hosts.

Further Listening:

- The Unusual Economics of the Bilt Credit Card

- The Fight Over Your Credit Card Swipe

Sign up for WSJ’s free What’s News newsletter .

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1537 episodes

Artwork
iconShare
 
Manage episode 491974190 series 2518362
Content provided by The Wall Street Journal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

JPMorgan Chase recently announced that it was raising the annual fee on its popular Sapphire Reserve credit card by 45%. The company believes enough customers will stick around because of the status and exclusivity the card conveys. WSJ’s Imani Moise reports on how credit card companies have increasingly attracted customers by offering perks. Jessica Mendoza hosts.

Further Listening:

- The Unusual Economics of the Bilt Credit Card

- The Fight Over Your Credit Card Swipe

Sign up for WSJ’s free What’s News newsletter .

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1537 episodes

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