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The feds are scrutinizing credit-card rewards. That could help frequent fliers get more out of their miles.
The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card rewards system and the frequent-flier programs linked to them, officials said at a joint hearing held by the DOT and CFPB on Thursday.
US regulators are looking at potential ‘bait and switch’ schemes with airline-affiliated credit card reward points
If you use a points-and-rewards credit card offered by an airline in partnership with a big bank, how much are the points you’ve accrued worth in dollars? And how much do you need to spend to get the best rewards?
Federal regulators to hold hearing on airline credit card rewards
Federal regulators will hear from airlines, unions and consumer advocates to determine if credit card rewards programs are actually working for consumers who allege its difficult to earn and redeem points.
Hearing held on credit card reward programs
Federal regulators held a hearing on May 9 to analyze airline and credit card reward programs. The hearing came after some consumers accused companies of using a 'bait-and-switch' technique with their benefits.
Transportation & consumer agencies review fairness of airline & credit card reward programs
Booking flights with airline points is a popular way to save some cash especially for avid travelers like Cameron Greene.
Airline rewards credit cards come under attack at CFPB-DOT hearing
Executives of Allegiant, Breeze and Spirit complained to the heads of the Consumer Financial Protection Bureau and Department of Transportation that the relationships between big banks and big airlines are anticompetitive.
Airline Credit Cards and Frequent Flyer Programs Come Under Federal Scrutiny
Federal agencies are investigating whether airlines have devalued frequent flyer miles by making them harder to redeem.
3h
on MSN
6 Best Credit Cards for a 500 Credit Score (or Less)
Having a low credit score limits your credit card options, but we’ve rounded up the best cards that those with a credit score ...
9h
on MSN
Fraudster pretends to be policeman to get bank cards
A conman pretended to be a police officer to persuade two pensioners to hand over bank cards.Essex Police said the man rang ...
6h
on MSN
Deal of the Day: You can now get a free $20 Costco gift card when you buy the gold Costco membership for just $60
See more: Costco 1-Year Gold Star Household Membership + a $20 Digital Costco Shop Card for just $60 total.
1d
Get a Free Night at a 5-Star Hotel With This Card's Limited-Time Sign-Up Bonus
Chase is offering an excellent welcome bonus on two of its top credit cards. Find out what it could mean to you.
CNBC
1d
10 easiest credit cards to get approved for in May 2024
you still have options for earning rewards with a variety of credit
cards
that are easier to
get
. Many of these
cards
are available to you even if you have fair credit or no credit. CNBC Select ...
1d
on MSN
I swear by my AmEx card with a hefty annual fee. I get tons of travel perks and over $1,000 in credits for Uber, hotels, stores, and more.
My American Express Platinum card's $695 annual fee comes with lots of perks like airport-lounge access and over $1,000 in ...
2d
How (and why) to get a good credit card
In this edition of Money Moves, our five-part series where we ask money experts your money questions, we're tackling credit cards.
1d
on MSN
You can get a $100 gift card when you preorder Google’s Pixel 8A
As expected, the upcoming Pixel 8A is aimed squarely at the midrange market. Google’s Pixel 7A ended up being our favorite ...
Yahoo
14h
Keep hearing about Idaho’s Star Card? Here’s how to get one, why you need it by next year
“We anticipate DMV offices could
get
very busy as that deadline starts to
get
closer.” But what is a Star
Card
or REAL ...
3d
Break the cycle of debt: Here’s how to get out of credit card debt, even during financial hardships
BestCards offers strategies to help consumers see their way through credit card debt during financial hardships.
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