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Merchant Fees on Credit Cards About to Change the Way We Earn Rewards

This past weekend an important piece of regulation went into effect that impacts everyone that uses a credit card. As of this past Sunday, Jan. 27, 2013, merchants who accept Visa and MasterCard will be allowed to add a service charge to the purchase price. Based on a lawsuit brought by retailers, merchants are now…

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New Discover Miles Baggage Delay and Travel Delay Insurance

Discover Miles, within the past couple of months, added a feature of no foreign transaction fees when traveling abroad. While it is great to see added benefits appear for the consumer, I question how much Discover is really accepted at merchants outside of the U.S. This week we received a pamphlet in the mail reviewing…