The Durbin-Marshall bill could dramatically change the way credit cards and rewards programs work, potentially leading to the disappearance of frequent flyer points. The airline industry and opponents of the bill argue against its passing, highlighting the harm it could cause to the travel and tourism industry and the U.S. economy.
Every year tens of millions of Americans take flights to visit family or go on a quick vacation. And frequent flyer points help fund many of these trips.in Congress. If Durbin and Marshall’s bill were to pass, the way your credit card works and the way your rewards programs work would be dramatically changed – and potentially disappear the same way debit card reward programs disappeared when similar mandates were put on your debit card.
This is why so many people are speaking out against the bill. But Sens. Durbin and Marshall are trying to silence them by employing the federal government to target their opponents, including the airline industry.came out against the Durbin-Marshall bill, citing the significant harm the legislation would cause to the travel and tourism industry and the U.S. economy at large. Without the offering of these perks, many Americans would lose the ability to afford additional travel – a loss that would come as a devastating blow to the American econom
Durbin-Marshall Bill Frequent Flyer Points Credit Cards Rewards Programs Airline Industry Travel Tourism U.S. Economy
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