American Express has added Priority Pass, an exclusive membership program that allows airline fliers to gain access to hundreds of private airport lounges worldwide, to the list of complimentary benefits available on the American Express Platinum Card.  This is great news for frequent fliers and shows American Express’s commitment towards their Platinum Cardmembers.

The Platinum Card previously had access to the American Airlines Admirals Clubs, Delta Sky Clubs, US Airways Clubs, and Airspace Lounges.

Overall we are very impressed by this show of customer appreciation on American Express’s part and I would not be surprised (Continued…)

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The past few years has meant a lot of significant changes for credit card issuers and consumers.  The recent economic turmoil coupled with new laws have left some to question the future of credit cards.  However despite the setbacks, credit cards are making a comeback and offering some of the perks and benefits of the good ol’ days.

A recent article on WSJ.com about the changing landscape of credit cards highlights some of the ways credit cards are making a comeback and offering great rewards and benefits for credit card users.

One important mention in the article was the fact (Continued…)

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Great news for top tier credit cards, one of the best just got better.  The PenFed issued American Express card, which was already one of the best deals available offering premium travel benefits and generous rewards points, has dropped it’s annual fee of $50.

Known officially as the PenFed Premim Travel Rewards American Express Card, this card offers 5x points of airfare purchases (given in the form of PenFed’s Premium Rewards program) and 1x points on all other purchases.

A great plus for frequent travelers is with $15,000 in annual spending, you get access to VIP airport lounges through (Continued…)

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A new report released indicates US Consumers are still paying off debt and repositioning themselves for the new economy.  This is typical for recessionary times as consumers look to prepare themselves for the unknown future of the economy.  It can also be a promising sign for the economy, as when consumer debt decreases that better positions consumers in the near future for increasing consumer spending, which helps the economy.  The economy is driven by consumer spending and consumers need to shore up their finances before consumer spending can see a significant rebound and life the country’s unemployment rate.

The average

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