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
With a slow vaccine rollout so far, how has the government changed its approach?
On Tuesday, Jan. 12, Health and Human Services Secretary Alex Azar announced changes to how the federal government is distributing vaccine doses. The CDC has expanded coronavirus vaccine eligibility to everyone 65 and older, along with people with conditions that might raise their risks of complications from COVID-19. The new approach also looks to reward those states that are the most efficient by giving them more doses, but critics say that won’t address underlying problems some states are having with vaccine rollout.
What kind of help can small businesses get right now?
A new round of Paycheck Protection Program loans recently became available for pandemic-ravaged businesses. These loans don’t have to be paid back if rules are met. Right now, loans are open for first-time applicants. And the application has to go through community banking organizations — no big banks, for now, at least. This rollout is designed to help business owners who couldn’t get a PPP loan before.
What does the hiring situation in the U.S. look like as we enter the new year?
New data on job openings and postings provide a glimpse of what to expect in the job market in the coming weeks and months. This time of year typically sees a spike in hiring and job-search activity, says Jill Chapman with Insperity, a recruiting services firm. But that kind of optimistic planning for the future isn’t really the vibe these days. Job postings have been lagging on the job search site Indeed. Listings were down about 11% in December compared to a year earlier.
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