Credit|card points might be entering a new era

Credit-card points might be entering a new era - Business Insider

On Tuesday, Visa and Mastercard settled with US retailers over a long-standing dispute tied to credit-card swipe fees.

Credit-card points might be entering a new era : r/CreditCards - Reddit

This settlement is only 4 basis points of interchange over three years. That's 4 cents of every $100 of charge amount.

Big Changes Coming for Card Rewards | CU Management

A sea change is coming in the card payments industry—and it will make current reward card programs obsolete in a few years ...

Clark Warns Major Changes To Credit Card Rewards Are Coming ...

Did you know that there are significant changes to credit card rewards on the horizon? Money expert Clark Howard says it could happen soon.

The State of Loyalty: 2024 Credit Card Rewards Report - iSeatz

Giving consumers options creates a sense of abundance and provides more opportunities to match their desires and aspirations. One-size-fits-all may be.

Will Congress Kill Credit Card Reward Points in 2024?

If the Credit Card Competition Act passes, banks might have less money available for credit card rewards -- and might stop offering credit card ...

Lessons from the CFPB Credit Card Rewards Report - Steptoe

The Report begins with the broad observation that “rewards programs distort the true costs of credit cards, create a barrier to entry for would- ...

The 2023 McKinsey Global Payments Report

Entering a new payments era. During the last few decades, as the ... The Decoupled Era will likely be characterized by payments becoming ...

Credit Card Rewards May Be in Danger, But That's a Good Thing

Credit cards that offer airline miles, cash back and other rewards create expenses that are passed on to everyone—including people who don't use ...

The Buying Power of your Credit Card Points is Tanking (Wall Street ...

But hoarding credit-card points is sort of like stuffing cash under a mattress. While cash in the bank or stock market can earn a return that ...

CFPB Hints at Future Regulatory Action Targeting Credit Card ...

Devaluation of rewards ... The CFPB notes consumers' concern that card issuers and co-brand companies can change reward program terms at any time ...

This Week In Credit Card News: Your Credit Card Rewards Could ...

Here's Why Your Credit Card Perks Could Be Going Away · New Credit Card Regulations Will Hurt Consumers and Small Business · Consumer Credit ...

Credit Card Rewards Issue Spotlight - files.consumerfinance.gov.

2 Others suggest that new problems have been created by the growth of co-brand credit cards and rewards programs where consumers can transfer miles or points to ...

The Dirty Little Secret of Credit Card Rewards Programs

In 2022, the Federal Reserve published data showing that the cost of rewards, as a share of total transaction volume on credit cards, increased ...

Is Congress Going to Kill Credit Card Rewards? - NerdWallet

“Their reward programs will dry up, just as they did with debit cards.” The legislation failed to pass in 2022, but its sponsors reintroduced it ...

Whom Do Credit-Card-Rewards Programs Really Reward?

The credit-card industry wants its customers to know about a threat to “our favorite cash back and travel rewards programs.” They could ...

Governor Hochul Announces New Consumer Protection Law for ...

Governor Kathy Hochul today announced a new state law will take effect that protects credit card holders from losing earned credit card rewards.

Reminder: New York's Credit Card Reward and Loyalty Program ...

This new law gives consumers a set grace period to use their credit card reward points when certain changes (eg, modification, cancellation, closure, or ...

Five Reasons to 'Upgrade' a Credit Card (and When to Apply for a ...

If you've had your current card for less than a year, it may not be wise to upgrade or cancel it, according to The Points Guy, lest your card ...

This Week In Credit Card News: Reward Programs Now Under ...

Credit Card Reward Programs Under Scrutiny by Federal Regulators · Share of U.S. Credit Cards Past Due Climbs to Highest Since 2012 · Banks Are ...