Warning! Your credit card rewards are about to expire

A proposed law that would end credit card rewards may not pass, but the end is near. Here's why that's a good thing.

Are credit card rewards as good as dead? 

Maybe. The Credit Card Competition Act of 2022, which promises to bring competition to credit card payment systems, could potentially wipe out the lucrative and highly addictive rewards ecosystem. But it has just a one percent chance of becoming law, according to GovTrack and Skopos Labs.

Still, the days of "free"…