Why The Credit Card Lounge Wars Moved Beyond The Airport

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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