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Submission: On December 18 via api from BE — Scanned from AU
Submission: On December 18 via api from BE — Scanned from AU
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Accessibility statementSkip to main content Democracy Dies in Darkness SubscribeSign in Democracy Dies in Darkness BusinessEconomyEconomic PolicyPersonal FinanceWorkTechnologyBusiness of Climate BusinessEconomyEconomic PolicyPersonal FinanceWorkTechnologyBusiness of Climate CONSUMER WATCHDOG TAKES AIM AT CREDIT CARD REWARDS PROGRAMS Major card issuers often play a “shell game” and deny consumers the rewards they have earned, the Consumer Financial Protection Bureau warns. Updated December 18, 2024 at 12:49 p.m. EST40 minutes ago 2 min 90 The Consumer Financial Protection Bureau headquarters in Washington. (Andrew Kelly/Reuters) By Shannon Najmabadi Some credit card companies may be breaking the law by illegally devaluing accrued points, airline miles and other rewards used to entice cardholders, the Consumer Financial Protection Bureau said Wednesday. Get a curated selection of 10 of our best stories in your inbox every weekend. Card companies may be violating federal law if they deploy promotional language that conflicts with fine-print disclaimers, use buried and vague terms to revoke customers’ rewards or otherwise prevent customers from redeeming rewards, the federal consumer watchdog said in guidance to law enforcement agencies. Share 90 Comments NewsletterWednesdays The Color of Money Advice on how to save, spend and talk about your money for the short and long term from Michelle Singletary. Sign up Advertisement Advertisement Advertisement Company About The Post Newsroom Policies & Standards Diversity & Inclusion Careers Media & Community Relations WP Creative Group Accessibility Statement Sections Trending Politics Elections Opinions National World Style Sports Business Climate Well+Being D.C., Md., & Va. Obituaries Weather Arts & Entertainments Recipes Get The Post Manage Your Subscription Become a Subscriber Gift Subscriptions Mobile & Apps Newsletters & Alerts Washington Post Live Reprints & Permissions Post Store Books & E-Books Print Special Editions Store Print Archives (Subscribers Only) Today’s Paper Public Notices Contact Us Contact the Newsroom Contact Customer Care Contact the Opinions Team Advertise Licensing & Syndication Request a Correction Send a News Tip Report a Vulnerability Terms of Use Digital Products Terms of Sale Print Products Terms of Sale Terms of Service Privacy Policy Cookie Settings Submissions & Discussion Policy RSS Terms of Service Sitemap Ad Choices washingtonpost.com © 1996-2024 The Washington Post COMPANY CHEVRON ICON Diversity & Inclusion Careers Media & Community Relations WP Creative Group Accessibility Statement SECTIONS CHEVRON ICON Trending Politics Elections Opinions National World Style Sports Business Climate Well+Being D.C., Md., & Va. Obituaries Weather Arts & Entertainments Recipes GET THE POST CHEVRON ICON Manage Your Subscription Become a Subscriber Gift Subscriptions Mobile & Apps Newsletters & Alerts Washington Post Live Reprints & Permissions Post Store Books & E-Books Print Special Editions Store Print Archives (Subscribers Only) Today’s Paper Public Notices CONTACT US CHEVRON ICON Contact the Newsroom Contact Customer Care Contact the Opinions Team Advertise Licensing & Syndication Request a Correction Send a News Tip Report a Vulnerability Download the Washington Post App * About The Post * Policies & Standards * Digital Products Terms of Sale * Print Products Terms of Sale * Terms of Service * Privacy Policy * Cookie Settings * Submissions & Discussion Policy * RSS Terms of Service * Sitemap * Ad Choices * washingtonpost.com * © 1996-2024 The Washington Post 5.31.6 Already a subscriber? Sign in END OF YEAR SALE OUR YEAR-END SALE IS HERE. SWITCH ON. Subscribe for unlimited access to unmatched reporting. You can cancel anytime. MONTHLY A50c every week for the first year billed as A$2 every 4 weeks YEARLY A$90 A$29 for the first yearbest value * Unlimited access on the web and in our apps * 24/7 live news updates Add your email address By creating your account, you agree to The Washington Post's Terms of Service and Privacy Policy. The Washington Post may use my email address to provide me occasional special offers via email and through other platforms. I can opt out at any time. Card View more offers