Jim Vandy Hi Hei News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Eventually. juliana, let s talk about this new report that a number of large banks are cutting back or altering some of the rewards they offer their credit card customers. what kind of c changes are they actually making? so they re stopping short of canceling their rewards programs, but they are responding to increased pressure over the last several years on the revenueve front. so there consumers who use cred cards have become savvier and that means it has become more costly for financial institutions to offer the rewards programs that have lured in so many credit card users. so part of the changes they re making are aimed at boosting credit card usage and reducing up front rewards bonuses. so stopping short of canceling a lot of these programs that many of us have come to love about using credit cards over the years, but they are reigning in on the benefits that consumers will derive from using these credite cards. juliana, thank you. coming up, axo s jim vandy ....

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