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There’s a very interesting post today from Upgrade: Travel Better that takes a look at the declining (excuse the pun) credit card industry, and what effect it will have on credit card rewards and mileage programs. There are some out there that believe the complete demise of the rewards card is imminent. However, that’s a bit fatalistic, and there are signs that rewards cards might not be going anywhere. Check out “Will the credit card industry’s woes mean the death of points and miles?” for an in depth look at the situation and for tips on how to deal with banks if they start getting “chintzy” with the rewards. |
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