Government banks directed to adhere to performance standards to prevent bonus misuse
Performance is rated on a 100-point scale, says the new government order Highlights: Employees at state-run banks may earn up to three bonuses annually based on performance. Bonuses will now be connected to net profits instead of operating profits. This change aims to curtail random bonus distributions. Sonali Bank breached the rules by issuing five […]
Can I qualify for the Chase Sapphire Reserve’s 125,000-point bonus?
Chase Sapphire Reserve Update Chase is rolling out updates to its popular Sapphire Reserve card that are set to take effect in June. This refresh includes some significant changes: new statement credits, automatic elite status, and a notable increase in the annual fee from $550 to $795—about a 45% jump. However, the card does offer […]
Is the new Chase Sapphire Reserve 125K-point bonus the best offer ever?
Major Changes in Chase Sapphire Reserve Offers Something unexpected has unfolded in the realm of points, miles, and credit cards recently. You might have noticed that the Chase Sapphire Reserve® just wrapped up its largest welcome bonus ever a few hours ago. There’s a common expectation that it will revert to a lower offer shortly—a […]
Citi Strata Elite: 80K Bonus and $2,400 in First-Year Credits Makes It the Top Choice for Premium Cards
City Strata Elite: 80K Bonus + $2,400 for 1 Credit to make your best first year play with a premium card Some individuals might find the City Strata Elite card to be a fantastic long-term choice. Still, it seems hard to debate its extraordinary value for the first year. This card puts City in the […]
The Citi Prestige relationship bonus: Understanding why “30%” isn’t what you expect
When it comes to making the right choice about a City Prestige card, you might want to think critically about its so-called “relationship bonuses.” These features often get misunderstood, and it’s crucial to look beyond the marketing hype. I’ve written about the Citi Prestige Card and its relationship bonus before. Honestly, it feels appropriate to […]
UOB Visa Signature earns 4 mpd SimplyGo bonus, but category limits have been adjusted.
UOB Visa Signature has introduced some noteworthy changes that can make navigating spending a bit tricky. While it now offers 4 miles per dollar (MPD) for SimplyGo transactions—which is great news for public transport users—there’s a downside: they’ve implemented category spending caps, which could be a hassle for those who usually spend more. Let’s break […]
Sheriffs have mixed reactions to ICE’s $50,000 bonus and recruitment efforts.
This week, the Deputy Director of U.S. Immigration and Customs Enforcement (ICE) sent out a recruitment email that, well, hasn’t sat too well with some local officials. They feel like their department is being targeted—basically poached—especially when the message seems aimed at sheriff’s deputies. According to what’s been reported, President Trump had earmarked a substantial […]
All your key questions about Chase Sapphire Reserve addressed: From bonus qualifications to earning rates.
Chase Sapphire Reserve Overview The Chase Sapphire Reserve is regarded as one of the top reward credit cards available today. In June, this premium card saw a refresh with several new benefits and a bump in the annual fee to $795. Alongside these changes, Chase has also updated its bonus eligibility policy. There are quite […]
Trader files lawsuit against hedge fund for not paying bonus despite generating 97% of the firm’s income.
Traders are taking legal action against their previous employers, claiming that they withheld bonuses linked to performance. Robert Gagrialdi, a specialist in block trading, known as “Gag,” allegedly acted in bad faith by not issuing a $7.5 million bonus, despite generating over $60 million for the company from April 2021 to March 2022. During a […]
New increased offer: Get 60,000 bonus points with the Virgin Red Mastercard
Virgin Red might not be the first loyalty program that pops into your head when you’re planning your travels. But if you’re after flexibility and experience-based rewards—or maybe dreaming of a trip across the Atlantic—then the Virgin Red RewardsMasterCard® could be worth looking into. New applicants have the opportunity to snag a 60,000-point bonus after […]