Inflation is Squeezing Credit Card Reward Hoarders

Are you one of the many Americans who save up their credit card rewards or airline miles for something big? What might have been a good plan in the past has not aged well over the last four years; thanks to the overall high inflation of the period. According to research from an article in The Daily Hodl, rewards saved from four years ago are worth approximately 20% less now thanks to rising costs. Perhaps a new strategy is in order with your rewards?

Also, a huge bank has been ordered to pay a $3,100,000,000 fine as officials from the institution admit guilt after criminals dumped piles of cash on its counters.

Swiss America's Dean Heskin and Chris Agelastos break down all of this on The Secret War on Cash.

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Articles referred to in this podcast
https://dailyhodl.com/2024/10/11/34000000000-owed-to-customers-at-american-express-jpmorgan-chase-and-capital-one-as-reward-hoarders-get-squeezed-report/
https://dailyhodl.com/2024/10/10/10th-largest-us-bank-paying-3000000000-fine-in-historic-admission-of-guilt-after-criminals-dump-piles-of-cash-on-banks-counters/