Controversial Credit Card Bill Threatening Airline Rewards
Sens. Durbin and Marshall push for credit card bill that threatens airline credit card rewards, leading to potential economic harm and job losses in the travel industry.
Key Points
- 30 million Americans rely on airline-affiliated cards for credit card rewards
- A4A study estimates $23 billion hit to the economy from loss of airline credit card benefits
- Sens. Durbin and Marshall accused of silencing opponents and supporting mega-stores
Cons
- Threatens airline credit card rewards and perks
- Could lead to job losses in the travel and tourism industry
- Allegations of government-backed retribution against bill opponents