Why The Credit Card Lounge Wars Moved Beyond The Airport

Video Overview & Insights

American Express and Chase increasingly invest in cardholder perks, like lounges, at events and experiences around the world. Both companies have raised the fees on their premium credit cards as they seek to attract affluent cardholders and increase spending.

Chapters:

0:00 Introduction

1:16: Not just at airports

5:55: Building out the network

8:20: K-shaped economy

Produced and edited by: Ryan Baker

Additional Editing by: Andrea Miller

Camera by: Natalie Rice

Animation by: Jason Reginato, Emily Park, Christina Locopo

Senior Managing Producer: Tala Hadavi

Additional Footage: Getty Images, AP Images, American Express, Chase

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh

Connect with CNBC News Online

Get the latest news: https://www.cnbc.com/

Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC

Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC

Follow CNBC on Threads: https://cnb.cx/threads

Follow CNBC News on X: https://cnb.cx/FollowCNBC

Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC

#CNBC

Why Amex And Chase Love Lounges