new blog

   
 

Credit Card Rewards Dwindle Away

Posted Wednesday, September 09, 2009
by Greg Hudson

Things aren't like they used to be. The rewards on your credit cards simply don't match up to what they were before the economy tanked.

Cutting the point system is just one of the many changes credit card companies are enacting to boost the bottom line, according to KOMO News

Reward cards tend to have higher interest rates and annual fees and if the points keep dwindling, what's the point?

To make it worse, with some cards, you lose points if you make a late payment. How's that for a penalty?

To read the full article at KOMO, click here.

Comments

Add a Comment

We would love for you to comment on posts to the BBB Consumer News and Opinion Blog.

But please, let’s keep it clean. Comments that include profanity or personal attacks or other inappropriate comments will be removed. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate the guidelines, terms of use or privacy policy governing this site. We advise review of our Blog Frequently Asked Questions, Submission Rules and Terms of Use prior to comment submission.

Name
Email
Comments

5000 characters remaining
Enter the code shown:

Tools

  • Print
  • RSS
  • Bookmark & Share
    • MySpace
    • Digg
    • Delicious
    • StumbleUpon