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0.00201831044527668 0.00201831044527668 -0.000208073241781154 0.00187265917602992 0.00120682480233039 -0.000104036620890577 -0.00963379109446524 -0.00963379109446524
Stock impact report

This Week In Credit Card News: Swipe Fee Deal May Cut Rewards, Up Prices [Forbes]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Forbes
Lawyers for merchants who had brought the case estimate that this could save about $30 billion worth of fees. Perhaps more important, merchants will be able to raise their prices based on the kind of card. For example, buying groceries with a higher-fee card, typically a premium card like the Chase Sapphire Reserve, could become more expensive than paying with a lower-end one. Retailers will have the freedom to charge more for the use of rewards cards, but will they want to annoy customers? [ The New York Times ] Changes may be coming with your credit card rewards due to the new swipe fee deal Credit Card Points Might Be Entering a New Era One of the great American pastimes, using your credit card to accumulate points, could be about to change. A good chunk of that interchange fee revenue is spent by banks encouraging you to use their fancy cards. And the best way to do that is via points and rewards. Cards with better rewards and cash-back economics typically charge higher inte Show less Read more
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