_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 gfx graphics card 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: 565K times
✓ Published: 11-May-2024
👁 View: 565K 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
_geforce-rtx-40-gaming-x-trio-series-graphics-card-support-bracket-installation-124-msi.webp "MSI Gaming")
⏲ 56 seconds 👁 92.8K
_shopping-revolution-earn-crypto-with-every-purchase.webp "Join here: https://bit.ly/3UVy17h<br/><br/>The SocialGood App is a mobile application that rewards users with the cryptocurrency SocialGood (SG) for their shopping activities. When users shop at partner stores like eBay, Walmart, and BestBuy through the app, they earn SG as cashback. The SG token can then be exchanged for other cryptocurrencies like Bitcoin (BTC) and USDT.<br/><br/>The app aims to promote social good by increasing the value of SG tokens through user shopping activities. It’s part of a broader movement that integrates commerce with cryptocurrency to incentivize positive consumer behavior. The SocialGood App has gained popularity due to its unique approach to combining shopping rewards with the potential growth of cryptocurrency.<br/><br/>As of the latest information, the live price of SocialGood (SG) is around $0.02653 USD, with a 24-hour trading volume of $981.34 USD2. The SG token is listed on major crypto exchanges, making it accessible for users to trade1. The app has over 2 million users and is growing, as it offers a minimum of 200% crypto rewards as cashback every time you shop, which is quite an attractive offer for those who are into both shopping and cryptocurrency.<br/><br/>Join here: https://bit.ly/3UVy17h")
_9234must-have-mac-apps9234-gfxcardstatus-tell-which-graphics-card-your-2010-macbook-pro-is-using.webp "Jonathan Morrison")
⏲ 45 seconds 👁 8.4K
_how-to-switch-use-dedicated-graphic-card-on-mac.webp "Tech Grapple")
_how-to-upgrade-a-graphics-card-from-nvidia-to-amd.webp "TechLabUK")
_corsair-hydro-gfx-liquid-cooled-gpu-benchmark-demo.webp "CORSAIR")
_wwe-is-going-to-have-to-leave-some-really-big-names-off-the-wrestlemania-40-card.webp "We’re barely more than a month away from WrestleMania 40, and a lot of the matches are starting to come into focus. Only the four World Title contests have been officially announced at this point, but WWE is also being pretty obvious with some of the other puzzle pieces including Jimmy And Jey Uso, Awesome Truth and Judgment Day, AJ Styles and LA Knight and Logan Paul, Randy Orton and maybe KO. Gunther will also obviously get a prime spot on the card and will defend The Intercontinental Championship, though his opponent is less clear, and it’s been heavily rumored and hinted at on screen that we’re going to get Seth Rollins and Cody Rhodes vs The Rock and Roman Reigns in a tag match.<br/><br/>Altogether, it’s shaping up to be one of the most stacked and exciting cards in WrestleMania history, but it’s also presenting a really obvious numbers problem for WWE. If you only count the matches I referenced above, that’s 10 slots that are pretty close to locked in for ‘Mania. Last year, if you don’t count The Miz’s two unannounced comedy fights, there were 13 matches on the card. If you remove Vince McMahon’s unannounced match from WrestleMania 38, there were 15 matches that year. The year before that at WrestleMania 37, there were 14 matches. That range seems to be the sweet spot WWE likes, and given The Rock is involved this year and likely to get a significant amount of time, it’s hard to think Triple H and company are going to push for more than usual.")
_why-nvidia-is-killing-gtx.webp "Techquickie")
_geforce-rtx-40-gaming-x-trio-series-graphics-card-support-bracket-installation-124-msi.jpg)
_shopping-revolution-earn-crypto-with-every-purchase.jpg)
_9234must-have-mac-apps9234-gfxcardstatus-tell-which-graphics-card-your-2010-macbook-pro-is-using.jpg)
_how-to-switch-use-dedicated-graphic-card-on-mac.jpg)
_how-to-upgrade-a-graphics-card-from-nvidia-to-amd.jpg)
_corsair-hydro-gfx-liquid-cooled-gpu-benchmark-demo.jpg)
_wwe-is-going-to-have-to-leave-some-really-big-names-off-the-wrestlemania-40-card.jpg)
_why-nvidia-is-killing-gtx.jpg)
![[+]](/images/menu.gif){kind=small}