The End of Credit Card Rewards, and When to Cancel Luxury Credit Cards

Credit card rewards programs might be on the chopping block in Congress. To start off this episode, Sean Pyles and Liz Weston talk with a credit card Nerd about what’s happening and what it might mean for your credit card rewards. Then Sean is joined by personal finance Nerd Kim Palmer to answer a listener’s question about when to cancel a luxury credit card. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com . Timestamps: This Week in Your Money segment: 0:00 - 11:29 Money Question segment: 11:30 - 28:08 Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices