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

刷一刷,花一花,再刷一刷:钱包中的福利军备竞赛

The Journal.

2025-07-02

21 分钟
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单集简介 ...

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
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单集文稿 ...

  • It's Lollapalooza, a steamy summer day.

  • The music is thumping.

  • Our colleague Imani Mouiz was there last year.

  • You know, bright outfits, festival goers,

  • lots of drinks flowing, cups and hands, things like that.

  • And it could be really overwhelming.

  • But steps away from the chaos of the festival, she found an exclusive hideaway.

  • You got access to this air-conditioned area, and then they had a private bar,

  • plush seating,

  • and one of the more popular amenities in this area was actually the bathroom,

  • because they had flushable toilets as opposed to, you know,

  • the porta potties that can get very gross on a summer day.

  • Right, I mean...

  • To be honest, half the time when I'm invited to go to a music festival or a concert,

  • I'm always like, what's the bathroom situation?

  • So I can understand the draw.

  • Hot commodity for sure.

  • And the key to unlocking this oasis of free food, booze, and flushing toilets?

  • You have to flash the right credit card.

  • And in this case, it's the Chase Sapphire Reserve card, which is their most premium card.