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 ...

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 been earned, the agency said on Wednesday. The CFPB issued to other law ...

Credit card companies may be illegally devaluing rewards points or airline miles that customers have accrued, the Consumer Financial Protection Bureau warned.

"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 ...