$34,000,000,000 Owed To Customers at American Express, JPMorgan Chase and Capital One As Reward Hoarders Get Squeezed: Report

Customers at American Express, JPMorgan Chase and Capital One have racked up billions of dollars in unspent credit card points – but the value of those rewards is decaying. The financial giants’ customers are sitting on a staggering $34 billion worth of unused rewards as of 2023, reports the Wall Street Journal, citing annual reports. […] source: https://dailyhodl.com/2024/10/11/34000000000-owed-to-customers-at-american-express-jpmorgan-chase-and-capital-one-as-reward-hoarders-get-squeezed-report/