Breakage is a term used to describe revenue gained by retailers through unredeemed gift cards or other prepaid services that are never claimed. In these cases, the company pockets the money paid for these items, without actually providing the service or item for which the customer initially paid.
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I wrote my last big AmEx Platinum post 1.5 years ago, at the height of the pandemic here in NYC.
AmEx Platinum New Benefits and Beyond – What Do You Do Now?
This weekend AmEx has made improvements to its credit card line up that go well beyond the AmEx Platinum. Let’s try and break down all AmEx new benefits. AmEx cards with significant improvements AmEx Platinum personal cards (Platinum, Platinum for Schwab, and Platinum for Ameriprise): Statement credits for select wireless and streaming services from U.S.… Continue Reading
In case you, guys, are wondering where the hell I’ve been, I’ve been in Asia. Hong Kong, Bangkok, Manila. As in, was in Hang Kong, now in Bangkok and in a few days I’m going to Manila for TBEX – the Travel Blogger conference. Currently staying on the “wrong side” of the Chao Phraya River, in… Continue Reading
A few months ago I posted a story about someone who got FR’ed by AMEX. Here is her story: How a Newbie Can “Earn” a Dreaded Amex Financial Review! I received a letter from a reader and it was like a Deja Vu. I thought to myself immediately… Now, this is a story all… Continue Reading
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