_is-your-airline-rewards-card-costing-you-more-officials-debate-need-for-new-regulations-on-credit-card-reward-and-airlin.jpg "Is Your Airline Rewards Card Costing You More? Officials Debate Need for New Regulations on Credit Card Reward and Airline Loyalty Programs from 2048 tiles generator Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:53
👁 View: 590K times
✓ Published: 11-May-2024
👁 View: 590K times
✓ Published: 11-May-2024
Description:
The Consumer Financial Protection Bureau and the Department of Transportation held a joint hearing to discuss whether new regulations are needed for credit card reward programs and airline loyalty programs. Officials argue that for many consumers, the high fees and interest charged on travel rewards credit cards outweigh the value of the rewards and perks earned. Airline-branded credit cards can be much costlier than average cards, with annual fees as high as $650 and interest rates averaging more than 25% compared to no annual fees and about 24% for most cards. Loyalty programs are major revenue generators for airlines, with Delta earning $6.5 billion and Americans expecting 80% of revenue from loyalty members.
The Consumer Financial Protection Bureau and the Department of Transportation held a joint hearing to discuss whether new regulations are needed for credit card reward programs and airline loyalty programs. Officials argue that for many consumers, the high fees and interest charged on travel rewards credit cards outweigh the value of the rewards and perks earned. Airline-branded credit cards can be much costlier than average cards, with annual fees as high as $650 and interest rates averaging more than 25% compared to no annual fees and about 24% for most cards. Loyalty programs are major revenue generators for airlines, with Delta earning $6.5 billion and Americans expecting 80% of revenue from loyalty members.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_someone-just-loaded-60000000-render-distance-in-minecraft-for-the-first-time.webp "PippenFTS")
⏲ 12 minutes 35 seconds 👁 1.3M
_2048-all-tiles-level-15000-2-to-141qn-mh214739s-remix.webp "MH2147")
_hexguardian-official-launch-trailer.webp "Get ready to protect your towers in a hostile hexagonal world in Hexguardian, a roguelite tower defense game that is available now on Steam. Watch the launch trailer for Hexguardian to see gameplay, including city-building, tile placement, and more.")
_2-2048-tiles.webp "Rubix cube IHTX video maker")
_successful-people-do-not-give-benefits-so-that-you-become-richer-think-for-yourself-they-earn-money-from-you-and-we-offe.webp "Today we will tell you all the secrets about the new advertising software from yootraffic. This platform has long been a leader in the advertising world, but only now they have prepared even more innovations and opportunities for our partners.<br/><br/>And here's the main news - with our special affiliate promotional code EA488QCS you can get a real sea of goodies! This promotional code gives you access to exclusive offers, discounts and bonuses that will make your advertising campaign even more effective and profitable.<br/><br/>Don't miss your opportunity! Use a promotional code when registering on the yootraffic platform and get access to unique opportunities that will help you achieve your advertising goals faster and more efficiently. Details in the video description.<br/><br/>Don't forget to subscribe to our channel to stay up to date with all the news and useful tips in the world of advertising. We are waiting for you in the next videos! We wish you success and successful advertising campaigns!\")
_making-2048-tiles-part-1-levels-1-20-1048576.webp "VideoFxDoesStuff2024")
_hello-my-fellow-advertising-gurus-today-we-will-reveal-the-latest-news.webp "From yootraffic - a platform that revolutionizes the idea of advertising! <br/><br/>And here it is - the main bomb: now, thanks to our super-duper affiliate promotional code EA488QCS, you can get the benefits that you have only dreamed of in this area! <br/><br/>What will you get?Exclusive offers, special bonuses and discounts that will help you take your business to the next level!<br/><br/>Don't waste time! Use our promotional code when registering on the yootraffic platform and get invaluable benefits today! <br/><br/>Don't forget to subscribe to our channel and like the video so you don't miss out on future exclusive offers! Together we will make your advertising unsurpassed!See you in the next videos! \")
_.webp "from 2048 tiles generator")
_someone-just-loaded-60000000-render-distance-in-minecraft-for-the-first-time.jpg)
_2048-all-tiles-level-15000-2-to-141qn-mh214739s-remix.jpg)
_hexguardian-official-launch-trailer.jpg)
_2-2048-tiles.jpg)
_successful-people-do-not-give-benefits-so-that-you-become-richer-think-for-yourself-they-earn-money-from-you-and-we-offe.jpg)
_making-2048-tiles-part-1-levels-1-20-1048576.jpg)
_hello-my-fellow-advertising-gurus-today-we-will-reveal-the-latest-news.jpg)
_.jpg)
![[+]](/images/menu.gif){kind=small}