Originally Posted by
kapooncha
Game theory. People are going to abuse it to "death," whether you approve or not. So the question is do you want to get yours while the getting is good or rest on your laurels and be left out?
I wouldn't be surprised to see the major card issuers scale back rewards significantly by the end of the year. In fact, it's already been rumored:
https://www.cnbc.com/2019/01/03/bankwirestory.html
https://kdvr.com/2019/01/02/the-gold...ting-its-peak/
https://qz.com/1514489/credit-card-r...ks-scale-back/
Issuers will start to realize their credit card portfolio will be better off without giving out "4x on travel" and "3x on dining" to customers. I think if we want to see what credit cards will look like in the future, the Key2More Rewards MasterCard is a great example:
https://www.doctorofcredit.com/keyba...-5-everywhere/
Minus the inflated rewards program of course (5x equals to 1 cpp). The more you spend per month on the card, the higher the cash back rewards are, but only up to what's equal to a mediocre 1.5% cash back.
With that said, I don't think the Citi Rewards + card will last in it's current state... Citi will end up placing a cap on the rewards, such as "maximum of 50 rounded up points per day."