_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 police xxxla movie garam delta hiya mona hoy bolt giya 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
_9234this-is-delta9234-1957-delta-airlines-film.webp "WAL_DC-6B")
_lasaniya-batata-124-green-garlic-amp-baby-potatoes-recipe-124-gujarati-lasaniya-batata-recipe-124-chef-ruchi.webp "Learn how to make Lasaniya Batata recipe at home with our Chef Ruchi<br/><br/>Here’s one of those Potato Recipes, which is a robust curry from the food repertoire of the vibrant state of Gujarat in western India. This Gujarati style Lasaniya Batata is a spicy and garlicky baby potatoes dish that is simple, yet loaded with flavors. Since the recipe also uses all plant-based ingredients, it is also a lovely vegan dish that can be easily made at home. Have it with your choice of Indian flatbreads, for a yummy, satisfying meal.<br/><br/>Ingredients:<br/>200 gms Baby Potatoes (boiled, peeled & cut into half)<br/>Oil (for frying)<br/>Water (for boiling)<br/>150 gms Shallots (peeled)<br/>2 Tomatoes<br/>4 Kashmiri Dried Red Chillies (deseeded)<br/>2 tbsp Oil<br/>1 Bay Leaf<br/>1 inch Cinnamon Stick<br/>2 Cloves<br/>¼ tsp Asafoetida<br/>100 gms Green Garlic Cloves (pounded)<br/>6-8 Curry Leaves<br/>4 Green Chillies (chopped)<br/>1 tsp Garam Masala Powder <br/>½ tsp Raw Mango Powder<br/>A pinch of Turmeric Powder<br/>1 tsp Kashmiri Red Chilli Powder<br/>A pinch of Sugar<br/>Water (as required)<br/>¼ cup Green Garlic Leaves (chopped)<br/>Salt (as per taste)<br/>Coriander Leaves (chopped)")
Lasaniya Batata | Green Garlic & Baby Potatoes Recipe | Gujarati Lasaniya Batata Recipe | Chef Ruchi
⏲ 4:0 👁 3.7M
_61-policewoman-centerfold-full-movie-mp4.webp "Sagarmedia movie")
_black-site-delta-movie-clip-walkie-talkie-2017-124-movieclips-indie.webp "Rotten Tomatoes Indie")
_top-10-women-cops-from-film.webp "WatchMojo.com")
_hawaldar-di-report-124-bhagwant-mann-124-jugnu-haazir-hai.webp "MH One Music")
_zus-coffee-says-sorry-after-taking-flak-for-adidas-promo.webp "The coffee chain denies that the giveaway it advertised on Instagram was part of a partnership with the German sportswear manufacturer.<br/><br/>Read More: <br/>https://www.freemalaysiatoday.com/category/nation/2024/05/16/zus-coffee-says-sorry-after-taking-flak-for-adidas-promo/ <br/><br/>Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.<br/><br/>Subscribe to our channel - http://bit.ly/2Qo08ry<br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Check us out at https://www.freemalaysiatoday.com<br/>Follow FMT on Facebook: https://bit.ly/49JJoo5<br/>Follow FMT on Dailymotion: https://bit.ly/2WGITHM<br/>Follow FMT on X: https://bit.ly/48zARSW <br/>Follow FMT on Instagram: https://bit.ly/48Cq76h<br/>Follow FMT on TikTok : https://bit.ly/3uKuQFp<br/>Follow FMT Berita on TikTok: https://bit.ly/48vpnQG <br/>Follow FMT Telegram - https://bit.ly/42VyzMX<br/>Follow FMT LinkedIn - https://bit.ly/42YytEb<br/>Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj<br/>Follow FMT on WhatsApp: https://bit.ly/49GMbxW <br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Download FMT News App:<br/>Google Play – http://bit.ly/2YSuV46<br/>App Store – https://apple.co/2HNH7gZ<br/>Huawei AppGallery - https://bit.ly/2D2OpNP<br/><br/>#FMTNews #ZusCoffee #Adidas #Giveaway")
_triple-cross-1966-war-by-terence-young-with-christopher-plummer-yul-brynner-and-romy-schneider.webp "Cult Cinema Classics")
⏲ 2 hours 10 minutes 42 seconds 👁 1.3M
_9234this-is-delta9234-1957-delta-airlines-film.jpg)
_lasaniya-batata-124-green-garlic-amp-baby-potatoes-recipe-124-gujarati-lasaniya-batata-recipe-124-chef-ruchi.jpg)
_61-policewoman-centerfold-full-movie-mp4.jpg)
_black-site-delta-movie-clip-walkie-talkie-2017-124-movieclips-indie.jpg)
_top-10-women-cops-from-film.jpg)
_hawaldar-di-report-124-bhagwant-mann-124-jugnu-haazir-hai.jpg)
_zus-coffee-says-sorry-after-taking-flak-for-adidas-promo.jpg)
_triple-cross-1966-war-by-terence-young-with-christopher-plummer-yul-brynner-and-romy-schneider.jpg)
![[+]](/images/menu.gif){kind=small}