The IHG Rewards Club Premier card from Chase will be getting one new benefit and losing a couple of old ones, as of Nov 17th 2019. First we will talk about the good news…
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Visa and Mastercard Settle $6.2 Billion Lawsuit
Credit Card networks Visa and Mastercard have settled a lawsuit that alleges the two companies violated antitrust laws by fixing prices, specifically the fee a merchant pays when a credit card is swiped. This alleged price fixing benefitted the banks that issue credit cards in partnership with Visa and Mastercard at the expense of merchants.