Amex, Chase and Bank of America face backlash after quietly making change to credit cards

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Amex, Chase and Bank of America face backlash after quietly making change to credit cards

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A powerful consumer watchdog is taking aim at credit card companies over a major grievance for millions of Americans - the devaluing of rewards points and airline miles. For years, consumers have diligently racked up credit card points, eager to redeem them for flights, hotel stays, or even cash. But since the Covid-19 pandemic, the value of those points has steadily declined, as inflation has eroded their purchasing power, leaving many cardholders feeling shortchanged.
Read More >> Full Article on Source: CELEBS MAG
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