Now you can earn Marriott points at the grocery store
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Not many folks are traveling these days. That means consumers who normally rack up rewards on travel cards are, therefore, not seeing as much benefit. So global hospitality company Marriott is now offering six loyalty points per dollar spent on grocery purchases using its American Express and Chase credit cards through July 31.
“What Marriott’s trying to do here is to capitalize on the fact that so many people are doing a ton of grocery shopping these days,” said Ted Rossman, an industry analyst at CreditCards.com.
Rossman said Marriott is trying to make sure its card stays at the top of people’s wallets, even if they’re not booking a hotel room. And American Express and Chase want Marriott to give people an incentive to use its cards.
“A credit-card issuer makes money on every transaction that takes place,” said Bill Hardekopf, CEO of LowCards.com. Merchants have to pay a swipe fee when the card is used.
“Even if the transactions are small, you’re still going to make money,” he said.
Marriott also tries to make it attractive for cardholders to use those points at its properties. So when people do travel again, the company is effectively juicing its hotel usage.
COVID-19 Economy FAQs
Are states ready to roll out COVID-19 vaccines?
Claire Hannan, executive director of the nonprofit Association of Immunization Managers, which represents state health officials, said states have been making good progress in their preparations. And we could have several vaccines pretty soon. But states still need more funding, she said. Hannan doesn’t think a lack of additional funding would hold up distribution initially, but it could cause problems down the road. “It’s really worrisome that Congress may not pass funding or that there’s information circulating saying that states don’t need additional funding,” she said.
How is the service industry dealing with the return of coronavirus restrictions?
Without another round of something like the Paycheck Protection Program, which kept a lot of businesses afloat during the pandemic’s early stages, the outlook is bleak for places like restaurants. Some in the San Francisco Bay Area, for example, only got one week of indoor dining back before cases rose and restrictions went back into effect. Restaurant owners are revamping their business models in an effort to survive while waiting to see if they’ll be able to get more aid.
How are hospitals handling the nationwide surge in COVID-19 cases?
As the pandemic surges and more medical professionals themselves are coming down with COVID, nearly 1 in 5 hospitals in the country report having a critical shortage of staff, according to data from the Department of Health and Human Services. One of the knock-on effects of staff shortages is that people who have other medical needs are being asked to wait.
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