https://www.simplelivingforum.net/ Getting out of debt, credit cards, socially responsible investing, money management, etc. en-US Wed, 29 Apr 2026 09:00:46 GMT vBulletin 60 https://www.simplelivingforum.net/images/misc/rss.png https://www.simplelivingforum.net/ https://www.simplelivingforum.net/showthread.php?21369-Credit-Card-Rewards&goto=newpost Thu, 23 Apr 2026 18:41:09 GMT I'm reading that credit card rewards are about to be reduced big time. Apparently legislation may soon be passed altering the fee structure for using credit cards (that merchants now pay) - apparently these fees subsidize rewards such as the 5% I enjoy on groceries after my employee discount and the 2% I earn on anything else (though these days I don't use the card much due to how unstable all is). On the one hand, I do like to earn a few dollars on non-frivolous spending - on the other hand, if rewards were reduced, would this maybe stop a few people from having incentive to overspend? Though I will say that back when I was waiting tables and overspending, rewards reduction at that time would not have been enough for me to stop overspending as I was so on the treadmill.

What's your take on credit card rewards? Rob ]]> Personal Finance gimmethesimplelife https://www.simplelivingforum.net/showthread.php?21369-Credit-Card-Rewards