End of fat credit card rewards

Posted on January 13th, 2009 – 2:09 PM
By Kara McGuire

I use credit card rewards as a second currency, stashing gift cards in a drawer at my house for when we go out to eat or Mr. Kablog needs a new pair of pants.   I used to charge on an airline miles card but as rewards seats became scarce and more expensive, I made the switch to points for purchases and cash-back cards.

But a story in the WSJ says I may find my reward programs will give me less bang for my buck this year as creditors try to save money.

Have you noticed any changes to your rewards programs?

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