Episodes
Friday Jun 28, 2024
#MoneyMindset = Congress Targets Credit Card Rewards: What It Means for You
Friday Jun 28, 2024
Friday Jun 28, 2024
On this video, we explore the latest legislative efforts by Congress to decrease the fees businesses pay to credit card network providers like Visa and Mastercard. The goal is to lower prices for consumers. However, there is skepticism about whether these savings will be passed on, as was the case when debit card fees were reduced. Additionally, we discuss the potential impact on credit card rewards programs, which may see significant cuts similar to those experienced by debit cards. Join us to understand how these changes could affect your wallet and credit card benefits.
Version: 20240731
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