12/13/2023
Don't lose your credit card rewards program.
For anyone like me that takes advantage of credit card reward programs: Are you aware that there is proposed legislation that will effectivly make our rewards programs valueless? Please take a moment to review this brief article and if you would like to do something about it, all it takes is a few clicks to issue a prewritten email to your legislators.
The Credit Card Competition Act is being billed as consumer-friendly but instead could destroy rewards programs as we know them. We’ve seen this happen before with the impact of the Durbin Amendment on debit cards — it was a huge loss for consumers.