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Protect Your Points

Don't let Congress
take off with your credit card rewards

In partnership with the Electronic Payments Coalition

Act now

Tell Congress to vote no

on the Credit Card Competition Act

By clicking Next, you agree your contact information will be used to notify your members of Congress that you oppose Credit Card Routing Mandates. The Points Guy will not sell your information. See our privacy policy.

Proposed legislation in the U.S. House and Senate could devastate the future of credit card points including cash back and travel rewards, while putting your financial security at risk.

Join thousands of others and protect your points800K+Letters submitted to Congress by TPG readers

What’s going on?

Credit card issuers use payment networks like Visa and Mastercard to process charges to your card. Merchants pay a small fee to process the transaction in return for a secure and guaranteed payment.

The Credit Card Competition Act would change that. If it becomes law, that same payment could move to a cheaper, less secure network that sacrifices your security. As a result, banks that issue credit cards would have less ability to fund loyalty programs, secure their networks, and innovate their payment technology.

$80 Billion

The estimated value of lost credit card rewards from CCCA – each year. Read the study

$0

The anticipated benefit of the CCCA to consumers from alleged "pass-on" savings from merchants. Read the report

$1-3 Billion

The est. annual amount that would move from low income households & small businesses to large retailers & their shareholders. Read the article

Learn more from TPG's founder, Brian Kelly, in this video:

How it could
impact you

Higher fees + fewer credit card rewards for consumers

A portion of credit card transaction fees goes toward funding reward programs and card perks. If this legislation passes, credit card issuers would likely cut back on benefits they offer to cardholders.

Increased risk for identity theft + security issues

This legislation not only has the potential to impact your points and perks — it could impact your security when shopping. Existing payment networks invest millions of dollars in customer security, so allowing retailers to select newer, cheaper and unproven providers could put your personal information at risk.

Further reading

Consumer alert: Senators trying to cram anti-points and miles legislation into pending billNewsConsumer alert: Senators trying to cram anti-points and miles legislation into pending billMay 29 / 5 min readLegislation that could gut credit card rewards set to move through CongressNewsLegislation that could gut credit card rewards set to move through CongressOct. 04 / 15 min readExplaining the Credit Card Competition Act and what it means for your credit card rewardsNewsExplaining the Credit Card Competition Act and what it means for your credit card rewardsDec. 04 / 23 min readHow states have become the new hub for credit card-related legislation and what you can do about itNewsHow states have become the new hub for credit card-related legislation and what you can do about itOct. 23 / 5 min readThreat to credit card rewards growing as states look to regulateNewsThreat to credit card rewards growing as states look to regulateJuly. 10 / 5 min read