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Credit Card Rewards

All articles tagged with #credit card rewards

finance22 days ago•17 min saved

Chase Freedom Flex Eliminates Foreign Fees, Boosting Travel Rewards

Chase has removed foreign transaction fees from the Freedom Flex card, effective September 20, 2026. This change makes the no-annual-fee card a top choice for international travel, particularly for spending in rotating 5% bonus categories like dining and groceries. The update allows users to earn higher rewards abroad without incurring the typical 3% foreign transaction fee, enhancing its value for everyday expenses during overseas trips.

via Upgraded Points|

#cash-back #chase-freedom-flex #credit-card-rewards

travel-and-finance23 days ago•34 min saved

Citi Launches Japan Airlines Transfer Partnership with 30% Bonus

Citibank has officially added Japan Airlines Mileage Bank as a transfer partner for its ThankYou Rewards program, effective immediately. To celebrate the new alliance, Citi is offering a 30% transfer bonus through October 24, 2026. This promotion allows cardholders to convert 1,000 ThankYou points into 1,300 JAL miles, significantly enhancing the value of points for premium cabin redemptions. The addition expands Citi's transfer network, which previously included partners like Bilt Rewards and Capital One Miles, and provides access to JAL's competitive award chart for international travel.

via Frequent Miler|

#citi-thankyou #credit-card-rewards #japan-airlines

travel2 months ago•5 min saved

Six Days in Orlando: How One Family Spent About $6.7K After Rewards

A Cleveland family of five spends six days in Orlando, mainly at Universal with an Epic Universe visit and one Disney day, totaling about $8,620 before rewards. They flew Frontier to save time, stayed in two Terra Luna Resort rooms to fit everyone, used four-day park-to-park tickets (skipping Express Pass), and offset costs with a $300 dining credit per room plus $1,920 in credit-card rewards, leaving roughly $6,700 out-of-pocket. The family says it was worth the memories.

via Business Insider|

#budgeting #credit-card-rewards #family-travel

business7 months ago•12 min saved

BofA Rewards Expands to Millions with No-Fee Loyalty Program

Bank of America is launching BofA Rewards, a no-fee loyalty program for all clients with a Bank of America personal checking account, expanding eligibility to more than 30 million new members. Replacing the former Preferred Rewards on May 27, 2026, it features four tiers tied to a three-month balance, offering 10–75% credit-card rewards, access to 15,000+ cash-back deals, discounts on home and auto loans, enhanced identity monitoring, and up to $180/year in Premier subscription credits, plus lifestyle experiences and a redesigned digital experience in mobile app and online banking. Current Preferred Rewards members will be auto-enrolled.

via Bank of America|

#bank-of-america #bofa-rewards #business

finance2 years ago•2 min saved

"Credit Card Rewards at Risk: Visa and Mastercard's Fee Settlement Impact"

Visa and Mastercard have settled a long-standing antitrust case, which will lower merchant swipe fees for card transactions and save businesses an estimated $30 billion in fees. While this is expected to benefit small businesses, there are concerns about how it may impact credit card rewards, as rewards cards typically have higher swipe fees. Experts are watching to see if this settlement will lead to changes in the rewards and perks offered to cardholders.

via Yahoo Finance|

#credit-card-rewards #finance #mastercard

travel2 years ago•3 min saved

"Bilt Rewards Announces Alaska Airlines as New Transfer Partner, Ending American Airlines Partnership"

Bilt Rewards has announced a strategic partnership with Alaska Airlines, allowing members to transfer points to Alaska Mileage Plan at a 1:1 ratio. Additionally, Alaska Airlines cardholders will soon earn 3 miles per dollar spent when using their Alaska Airlines Visa credit card to pay rent through Bilt. This partnership aims to provide more valuable ways for Americans to earn and redeem rewards on their largest monthly expense, rent, and within their local neighborhood.

via The Points Guy|

#alaska-airlines #bilt-rewards #credit-card-rewards

personal-finance2 years ago•2 min saved

"Experts Warn: Credit Card Rewards Not Worth the Debt for Many Americans"

A new study shows that two-thirds of Americans with credit card debt still try to maximize credit card rewards, but this may not be a wise strategy. With credit card interest rates at an all-time high, it's important to prioritize debt repayment over chasing rewards, as the typical rewards payout is often outweighed by the high interest rates. While some credit card debt may be unavoidable, it's crucial to choose a card that fits your lifestyle and to avoid overspending just to earn rewards, as studies show that people tend to spend more when using credit cards.

via USA TODAY|

#consumer-behavior #credit-card-rewards #debt-management

personal-finance2 years ago•3 min saved

"Expert's Tips: Maximize Savings During the Best Holiday Discounting Season in Years"

According to experts, this holiday season offers the best discounting opportunities in years, with retailers offering generous discounts on clothes, toys, electronics, and other physical goods. However, shoppers should be cautious as some discounts may be offered on inflated prices, and the best prices may not be advertised yet. To save even more, consumers are advised to use their unused gift cards, take advantage of credit card rewards, combine deals, and be vigilant about their purchases. It is also important to avoid using credit cards without a plan to pay them off and to carefully read the fine print of store cards to avoid high interest rates and hidden charges.

via CNBC|

#credit-card-rewards #debt-management #discounts

finance3 years ago•3 min saved

Bank of America Faces Massive Reimbursement for Fake Accounts and Double-Dipping Fees

Bank of America has agreed to reimburse customers over $100 million and pay $150 million in fines for engaging in deceptive practices, including "double-dipping" on overdraft fees, withholding credit card reward bonuses, and opening accounts without customer consent. The penalties, one of the largest in recent years, were imposed by the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC). The CFPB has been targeting "junk fees" and has focused on banks under the Biden administration. Bank of America has already taken steps to reduce its reliance on overdraft fee revenue and has voluntarily reduced overdraft fees. This is not the first time the bank has faced penalties for illegal practices.

via Fortune|

#bank-of-america #consumer-financial-protection-bureau #credit-card-rewards

finance3 years ago•5 min saved

Bank of America Hit with $250 Million Fine for Fake Accounts and Illegal Fees

Bank of America has been fined $150 million and ordered to reimburse customers $100 million by the Consumer Financial Protection Bureau (CFPB) for engaging in illegal practices that include withholding credit card rewards, double-dipping on fees, and opening unauthorized accounts without customer consent. The bank has stopped some of these practices and will reimburse affected customers. The CFPB aims to end such practices across the banking system and has been cracking down on hidden fees and harmful financial practices. Consumer advocates have applauded the regulatory action against Bank of America.

via Detroit Free Press|

#bank-of-america #consumer-financial-protection-bureau #credit-card-rewards

financial-regulation3 years ago•5 min saved

Bank of America Faces CFPB Action for Fake Accounts, Junk Fees, and Credit Card Rewards Withholding

The Consumer Financial Protection Bureau (CFPB) has ordered Bank of America to pay over $100 million in penalties and redress to customers for illegally charging fees, withholding credit card rewards, and opening unauthorized accounts. Bank of America engaged in a double-dipping scheme, charging customers multiple fees for the same transaction, withheld promised credit card rewards, and misused customer information to open unauthorized accounts. This is not the first enforcement action against Bank of America for illegal practices. The CFPB's orders require the bank to stop these practices, compensate affected consumers, and pay penalties to the CFPB and the Office of the Comptroller of the Currency (OCC).

via Consumer Financial Protection Bureau|

#bank-of-america #consumer-financial-protection-bureau #credit-card-rewards