Big Credit Card Change #creditcard #credit

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There could be a big shift coming for rewards cards (anything that offers cash back or points). Under a new settlement, Visa and Mastercard are giving merchants more flexibility to accept or reject certain cards. Often, rewards cards carry higher merchant fees, but business have either had to accept it or reject all Visa/Mastercard cards.

This is a proposed settlement so nothing’s finalized, but be prepared in case businesses stop taking your go to credit cards.

#creditcard #creditcards #rewards #settlement #fyp
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