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CFPB Director Rohit Chopra expressed concerns about these tactics, stating, "Large credit card issuers too often play a shell game to lure people into high-cost cards, boosting their own profits while ...

Some credit card companies with rewards programs may be breaking the law by using bait-and-switch tactics, the Consumer Financial Protection Bureau warned Wednesday.

In addition, it introduced a tool that helps consumers fin the best credit card rates across both rewards cards and traditional cards. "Large credit card issuers too often play a shell game to ...

The Consumer Financial Protection Bureau warned credit card companies against illegally devaluing rewards that have already ...

"Large credit card issuers too often play a shell game to lure people into high-cost cards, boosting their own profits while denying consumers the rewards they’ve earned," CFPB Director Rohit ...

“Large credit card issuers too often play a shell game to lure people into high-cost cards, boosting their own profits while denying consumers the rewards they’ve earned,” CFPB Director ...

"Large credit card issuers too often play a shell game to lure people into high-cost cards, boosting their own profits while denying consumers the rewards they've earned," CFPB Director Rohit Chopra ...

The Consumer Financial Protection Bureau (CFPB) on Wednesday warned that credit card companies devaluing or canceling reward points, cash back or miles rewards programs may be breaking the law.

CFPB says it's on to credit card companies' bait-and-switch rewards tactics and launched a tool to help consumers save money and avoid scams.

In a statement, the CFPB said that too often large credit card issuers play "a shell game to lure people into high-cost cards, boosting their own profits while denying consumers the rewards they ...