_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 mobile all cars 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
_what-made-need-for-speed-most-wanted-a-big-deal.webp "gameranx")
_revisiting-need-for-speed-most-wanted.webp "AR12Gaming")
_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
_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-video-review-ign-reviews.webp "IGN")
_need-for-speed-most-wanted-intro.webp "EnciclopediaLusa")
_i-built-the-ultimate-adventure-truck.webp "THE ULTIMATE overland camper has brought the world’s most comfortable off-road experience to life. Mike Hallmark oversaw the creation of the ‘Hellwig Rule Breaker’ - a 2016 Nissan Titan fitted with a 2017 Lance 650 camper, resulting in what Mike calls a “ridiculously limitless and over-the-top adventure-mobile”. Mike and his team at Hellwig Suspension Products came up with their unique design for the 2016 SEMA car show. The company’s Big Wig airbags in the vehicle’s wheel wells allow this one of a kind souped-up pickup to ride level with maximum comfort while navigating any terrain. Mike said: ”When you think of a camper you think of a white truck and a white camper, with a white-haired dude driving it at 45 miles-per-hour. We wanted to go the complete opposite, so we did a yellow truck, black camper with some graphics on it to really catch your eye and make a splash in the market.” The addition of the Hellwig rear sway bar provides enhanced control while carrying the camper, which features a full audio system, TV, fridge, bed, full-size wet bath, and living area. To accommodate all the added weight, Mike and his team also added Falken Wildpeak AT3W LT 325/65R18 tyres, which beefed-up the truck’s on and off-road handling capabilities. Mounted on the front bumper are Baja design lights, fog lights, projection lights, and a full light bar that allows the driver visibility while traveling at night or off-roading. The whole thing is powered by a Cummins 5.0L V8 turbo diesel engine.")
_what-made-need-for-speed-most-wanted-a-big-deal.jpg)
_revisiting-need-for-speed-most-wanted.jpg)
_rendezvous-interrupted-on-cbs39-fbi-most-wanted.jpg)
_need-for-speed-most-wanted-movie-all-cutscenes-ending-pc-max-settings-1080p.jpg)
_couple-with-37-year-age-gap-expecting-first-child-together.jpg)
_need-for-speed-most-wanted-video-review-ign-reviews.jpg)
_need-for-speed-most-wanted-intro.jpg)
_i-built-the-ultimate-adventure-truck.jpg)
![[+]](/images/menu.gif){kind=small}