06/25/2025
Senator Gary Peters and Senator Elissa Slotkin — it’s not just consumers speaking out. Now, airlines and aerospace companies are warning that the Credit Card Competition Act could destroy the rewards programs that millions of Americans rely on.
With the cost of living so high, credit card rewards help working families stretch their budgets. This bill would gut those benefits—all to pad the profits of mega-retailers like Walmart.
Please stand with Michigan families and small businesses. Oppose the Credit Card Competition Act.
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Major airlines said on Monday they oppose a new effort to advance legislation that would reduce fees charged by Visa and Mastercard on transactions, saying it could force them to stop offering rewards credit cards that give consumers frequent flyer miles for making transactions.
