Bernie Sanders and Alexandria Ocasio-Cortez’s interest-rate cap could be the death knell for credit-card rewards programs
https://www.marketwatch.com/story/how-bernie-sanders-and-alexandria-ocasio-cortezs-proposal-to-cap-credit-card-interest-rates-at-15-could-hurt-consumers-2019-05-10?link=MW_home_latest_news
It could spell the end of credit-card rewards
It could lead to an increase in the fees charged to card holders
It could reduce access to credit for low-income consumers