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| Name | Why Banks Bet Big on Risky Credit Card Partnerships | WSJ |
| Video Uploader | Video From The Wall Street Journal |
| Upload Date | This Video Uploaded At 07-08-2024 14:00:38 |
| Video Discription | From Apple and Goldman Sachs to Bilt and Wells Fargo, high-profile credit card partnership missteps reveal how risky these deals between brands and banks can be. Almost 30% of adults own co-branded credit cards as customers can earn different rewards like discounts or free hotel points. So why are some partnerships hitting road blocks? WSJ explains how these complex partnerships work and what’s at stake. Chapters: 0:00 Credit card partnerships 0:30 How these partnerships work 3:00 Risks for banks 7:01 Why the industry keeps growing News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news. #CreditCard #Bilt #WSJ |
| Category | News & Politics |
| Tags | credit card | credit card partner | co branded credit card | bilt | wells fargo | wells fargo bilt credit card | wells fargo bilt | mastercard | visa | apple goldman sachs | apple credit card | credit card partnership | credit card rewards | discounts | retailers | airline credit cards | card network | amazon prime visa credit card | chase bank | airline miles | merchant partners | amex | american express | delta | delta credit card | partnerships | banks | fintech | wsj | high fees | customer data | finance | mkts |
