Some credit card companies may be breaking the law by illegally devaluing accrued points, airline miles and other rewards used to entice cardholders, the Consumer Financial Protection Bureau said ...
A federal consumer watchdog is warning that certain credit card companies may be illegally devaluing accrued rewards such as points or airline miles. The Consumer Financial Protection Bureau (CFPB) ...
As much as you may enjoy seeing your credit card rewards build up, hoarding points is not the best use for them. The longer you delay using rewards, the more inflation eats away at the value of those ...
Credit card rewards are paid for by issuers, which pass the bill along to consumers who are charged fees and interest for using their cards. The merchant middlemen also indirectly pay for credit card ...
With cash back, having a regular redemption routine makes sense. You could save up and redeem them once a year for Christmas ...
You might be tempted to overspend for credit card rewards, especially when chasing a sign-up bonus. Carrying a balance can result in interest charges that quickly wipe out the value of rewards you've ...
Amid rising prices, consumer advocates have sounded the alarm on so-called shrinkflation — the phenomenon in which retailers reduce the size of their products, but sell them for the same price. The ...
Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...
Are business credit card rewards taxable? Credit card rewards are common and attractive. Nearly three in four Americans have a credit card that offers rewards, and two in three with a rewards card say ...