Understanding Credit Card Reward Complaints by CFPB

Reported 6 months ago

The Consumer Financial Protection Bureau's report reveals complaints about credit card reward programs, focusing on difficulties redeeming earned promotions. Yahoo Finance provides insights, advising consumers to be cautious and understand reward program terms to avoid issues, such as unclaimed bonuses, devalued rewards, account closures, or technical problems. Utilizing rewards promptly and reading terms and conditions are recommended to safeguard the value of rewards and prevent loss.

Source: YAHOO

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