Credit Card Rewards Could Suffer If Trump Caps Interest Rates
Barrons·2026-01-12 20:33
In this article DAL SYF WFC COF AXP President Trump, aboard Air Force One on Jan. 11, wants card companies to cap interest rates at 10% for a year. (Samuel Corum/Getty Images) President Donald Trump's proposal to cap credit card interest rates at 10% would likely lead to a reduction in rewards, especially for consumers with less-than-stellar credit. ...