Illinois and Colorado are coming for your airline miles
Summary
Politicians in Illinois and Colorado are challenging the use of credit-card rewards programs that help fund airlines. These changes could strongly impact both airlines and travelers who use these rewards.Key Facts
- Illinois and Colorado politicians want to change rules about credit-card rewards.
- Many airlines rely on credit-card rewards programs for funding.
- Credit-card rewards let travelers earn miles or points to use for flights.
- Changes could reduce airline income from these rewards.
- Consumers who earn miles through credit cards might be affected.
- The airline industry could face financial problems if these programs shrink.
- The proposed changes aim to address concerns about how rewards programs work.
- It is unclear exactly what rules will change and when.
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