The Truth About Credit Card Reward Programs

Americans have a long-standing love affair with credit cards and banks have made their cards even more appealing through loyalty reward programs that promise everything from cash back to free flights, as long as you spend a certain amount. "GMA" financial contributor, Mellody Hobson discusses the diminishing value of these programs and what pitfalls to look out for when choosing a rewards program credit card. These reward programs have become commonplace in the credit card industry. ...Full Story
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