Consumers grow unhappy with credit card perks as they spend at record levels: report [FOX Business Network]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: FOX Business Network
Credit card rewards top the list of what consumers are the least satisfied with, according to the J.D. Power 2023 U.S. Credit Card Satisfaction report . The dissatisfaction stems from the rewards earned per dollar spent, especially among cashback cardholders. Cardholders who paid an average of $100 or more in annual fees said they had the highest satisfaction with benefits and rewards earned, even more so than those with cards with lesser or no annual fees, the report said. However, cardholders paying $500 or more in annual fees said they were less happy with the rewards and benefits offered by their credit cards because of the unreasonable fees they paid, the report said. For example, airline cardholders said they were highly satisfied with rewards and benefits but were less impressed with their card terms. Additionally, the search for better rewards programs was the primary reason why consumers switched card providers in the last twelve months, the report said. "The pandemi
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- How tariffs and inflation are reshaping consumers' holiday shopping [Los Angeles Times (CA)]Los Angeles Times
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- Shoppers Spent Big This Holiday Season, Despite Economic Pressures [The New York Times]The New York Times
- Mastercard SpendingPulse: Savvy Shoppers and E-Commerce Fuel U.S. Holiday Retail Sales Growth by 3.9% YOYBusiness Wire
MA
Earnings
- 10/30/25 - Beat
MA
Sec Filings
- 12/8/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 3
- MA's page on the SEC website