_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 need for speed most wanted 3d 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
_need-for-speed-most-wanted-final-pursuit-amp-ending-4k-60fps.webp "Shirrako")
_welcome-to-rockport-124-need-for-speed-most-wanted-124-remake-2024.webp "ODONATA CINEMA")
_mulching-tips-for-your-gardening-hobby.webp "Mulching Tips , for Your Gardening Hobby.<br/>Adding mulch to a garden has a variety of benefits, from maintaining moisture levels to keeping the weeds out.<br/>Perhaps most importantly, mulch can make the soil of your garden better.<br/>Mulch plays a big part in <br/>growing better soils, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>Mulching is a way to continue that <br/>process on a natural scale, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>Experts say that mulching is a way to recreate the natural and slower soiling processes that occur in forests.<br/>In a forest, there’s no big heap, just a layer of an inch or two or three, breaking down and returning to the system, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>With mulching, it's good to think in the long term and to trust that the process will continually improve your garden over the span of several cycles.<br/>Every year that you are adding mulch, you are creating additional soil, and your soil will be better, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>Most people don’t want to put down something that breaks down quickly, because you have to do it again and again, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>But if you take the attitude that you’re growing the soil, maybe you’ll think differently. It’s hard for soil microbes to chew on <br/>big chips, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>Therefore, mulch should be applied sparingly and practically rather than in heaping piles or decoratively.<br/>Horticulturists say that the ingredients of a good organic mulch can include leaves, the leftovers of cut grass, straw and even wood chips and bark.<br/>Grass and leaves will decompose quickly, whereas bits of wood mulch will take longer.<br/>Bits of mulch that take longer to decompose allow your soil to maintain proper nitrogen levels, which is beneficial if you don't wish to add fertilizer")
_what-made-need-for-speed-most-wanted-a-big-deal.webp "gameranx")
_rendezvous-interrupted-on-cbs39-fbi-most-wanted.webp "Prepare for a sneak peek at Season 5 Episode 12 of FBI: Most Wanted, crafted by the brilliant René Balcer. Get ready to immerse yourself in the gripping narrative alongside a stellar cast featuring talents like Dylan McDermott and Keisha Castle-Hughes. Dive deep into another thrilling case that will keep you on the edge of your seat. Don't miss a moment of the action and suspense—tune in to FBI: Most Wanted Season 5, streaming now on Paramount+!<br/><br/>FBI: Most Wanted Cast:<br/><br/>Dylan McDermott, Julian McMahon, Kellan Lutz, Roxy Sternberg, Keisha Castle-Hughes, Nathaniel Arcand, YaYa Gosselin, Miguel Gomez, Alexa Davalos and Shantel VanSanteen and Edwin Hodge<br/><br/>Stream FBI: Most Wanted Season 5 now on Paramount+!")
_need-for-speed-most-wanted-movie-all-cutscenes-ending-pc-max-settings-1080p.webp "ALEX")
⏲ 33 minutes 14 seconds 👁 1.4M
_need-for-speed-most-wanted-live-action-trailer.webp "GameSpot")
_couple-with-37-year-age-gap-expecting-first-child-together.webp "A couple with a 37 year age gap say they are expecting their first baby together - via surrogate.<br/><br/>Gran-of-18 Cheryl, 63, and her husband, Quran Mccain, 26, met when he was 15 but insist there were no romantic feelings.<br/><br/>But in November 2020, Cheryl and Quran met again at a gas station whilst he was 23 - and hit it off.<br/><br/>Now they say they are expecting their first baby together via surrogate and say they couldn't be happier.<br/><br/>Cheryl, a social media influencer, from Rome, Georgia, US, said: \")
_need-for-speed-most-wanted-final-pursuit-amp-ending-4k-60fps.jpg)
_welcome-to-rockport-124-need-for-speed-most-wanted-124-remake-2024.jpg)
_mulching-tips-for-your-gardening-hobby.jpg)
_what-made-need-for-speed-most-wanted-a-big-deal.jpg)
_rendezvous-interrupted-on-cbs39-fbi-most-wanted.jpg)
_need-for-speed-most-wanted-movie-all-cutscenes-ending-pc-max-settings-1080p.jpg)
_need-for-speed-most-wanted-live-action-trailer.jpg)
_couple-with-37-year-age-gap-expecting-first-child-together.jpg)
![[+]](/images/menu.gif){kind=small}