Mountain Trader

We view these things very much the same.

Back to the original thread topic, the Schwab card means that every point or mile earned by a dollar of CC charging costs me 2 cents. If I worked as hard on the cash-back side as I do on the FF side (Costco and other fat cash-back deals), my guess is that 2 cents would go up to 2.5 cents or more. And I doubt FIA and Schwab were counting on a lot of bad credits, meaning their deal is likely to stay even with the new law.

So if the FF-tied cards want to add new fees, bring 'em on because I'll go elsewhere.. As I said on another post, the airlines need the fees from folks like me using credit cards a lot more than I need more FF miles.