Auriemma Consulting Validates Bank Yogi's Value Proposition

The Cardbeat® report published by the Auriemma Consulting Group validates Bank Yogi's mission to help consumers maximize their credit card benefits. The study that was conducted by an independent field service provider on behalf of Auriemma consulting has discovered that offering card benefits is a key acquisition driver for the credit card issuers. The study also highlights the fact that the driver behind low usage of benefits is due to the lack of awareness. The study finds out that "55% of rewards cardholders didn’t know if any of their cards offer one of the benefits".

5 Ways to save money Post Back to School Shopping


Image Via - Wikimedia (CC BY-SA 3.0)

Back to school shopping can be an exciting but a hectic process. But what hurts after the shopping is watching the prices drop or getting stuff damaged or stolen. But worry not, there are ways you can save money even after finishing your back to school shopping.

Discover Eliminates Price Protection Benefits

Discover has put the last stake in the world of its card benefits by eliminating price protection. October 31st, 2018 will be the last day for the Discover card to support price protection. Consumers who are stilling interested in benefiting from price protection shall switch to a Visa or MasterCard that supports price protection.

How Damage and Theft Purchase Protection Card Benefit saved the day

I bought a new Dell Laptop just three weeks ago. While having drinks with my best friend at a local bar in Boston, I left my laptop in a bag hanging on my bar chair. We got busy chatting and ended up having a few drinks. When we were ready to leave the beg went missing. Both my friend and I frantically looked for the bag and asked everyone around but no luck. Given that it was a small bar there were no cameras. We called police and the officer took down our complaint and gave us report number.

The Moola for Citi Bank Price Protection is Getting Slashed?

Citi has an awesome price match program called the Citi Price Rewind that allows not only its users to get up to $500 per refund but also with an annual limit of $2500. However, starting July 29th, 2018 Citi has decided to reduce the benefit amounts to $200 per refund with an annual limit of $1000 even though the FAQ page on the Citi Price Rewind website doesn't say so.

Chase won't allow you to chase price protection anymore

Unfortunately, the bad news in the area of price protection continues. Just a few days ago we mentioned that Chase was going to discontinue price protection for its United cards. And then this morning we posted an article to debunk Five Myths for Price Protection.

Price Protection - Five Myths That are Spread by a Few

Price Protection also known as the Price Adjustment is a retail and travel practice that is followed by US and Canada based merchants to provide a price difference to their customers within a certain time period if the price drops from the original purchase price. Several mobile apps and websites that require you to signup with them by providing access to your email account claim to provide you the price protection.

4th Of July Holiday Celebration and Savings Tips

Happy Independence Day!

Independence day not only means celebration and fireworks but also most likely shopping or travel.

Is my travel insurance tax deductible?

Bank Yogi's Answer: Yes, but not always. However there are not only ways to make it tax deductible but also get it for free.

Requirements for Travel Insurance to be Tax Deductible

According to the tax accountants and lawyers Travel Insurance and Travel Health Insurance plans can be tax deductible if one the following tests are met:

1. The travel is business related if you are self-employed or own a business.
2. The travel is work related if you employed by someone else. Yes, Employees can get a deduction too.

Price Protection for Chase United Airlines Credit Card Crashes

Chase Ends Price Protection for United Branded Cards