Do you love your credit card reward programs?

 

If the Reserve Bank of Australia gets its way, credit card frequent flyer and reward point programs could be slashed.

 

That's because the RBA is considering making premium credit cards - the ones which earn high frequent flyer points - illegal, spelling the end for all those reward points you earn through everyday purchases. For some families that could mean saying goodbye to the family holiday.

You only have until 3 February 2016 to participate in the RBA consultation and tell them to scrap their plans to slash credit card reward point programs.

Use the form below to have your say today.