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a rate cap would shrink credit-card rewards

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 · 3d · on MSN
How a rate cap would shrink credit-card rewards
President Trump’s proposed 10% cap on interest rates would force issuers to be more selective with their reward programs. That would hit users with lower credit scores.

Continue reading

 · 3d
As Trump's Deadline for a Cap on Credit Card Rates Looms, Banks Have Only Questions and No Answers
 · 3d
Bank CEOs Carefully Push Back on Trump’s Credit-Card Rate Cap
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2mon

You're not imagining things — your credit card rewards are shrinking. Here’s what’s behind the alarming slide

Americans love their credit cards — and the rewards that come with them. From cash back to airline miles, some people go all in, juggling multiple cards and tracking points just to score perks ...
Richmond
5y

Americans are rapidly shrinking their credit card debt during the pandemic

Americans' credit card debt is shrinking rapidly during the coronavirus recession. That's a sharp contrast with the last two economic downturns. The amount of consumer revolving credit, which is ...

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