Are frequent flyer earn rates on credit cards about to drop?
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Gunners
Gunners
Singapore Airlines - KrisFlyer
Member since 13 May 2011
Total posts 14
Are frequent flyer earn rates on credit cards about to drop?
Are the RBA changes to the amount that airlines can charge in interchange fees for credit card users going to result in credit card companies reducing earn rates on credit cards?
It has been reported that the changes are likely to cost the banking and airlines industry between $600 and $800 million per year.