Are frequent flyer earn rates on credit cards about to drop?

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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.

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