Story perspectives

Settlement Threatens Small Business Credit Card Rewards

11/17/2025

Summary

Story summary

The settlement could negatively impact small businesses by allowing credit card companies to raise fees or reduce rewards.
Credit card usage among small businesses rose from an average of $10,000 monthly in 2020 to $24,000 by April 2022.
Many small businesses have gained customers through credit card rewards, which could diminish if costs increase.
Ultimately, the settlement may create more financial burdens for small business owners rather than alleviate them.

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Story summary

The settlement could negatively impact small businesses by allowing credit card companies to raise fees or reduce rewards.
Credit card usage among small businesses rose from an average of $10,000 monthly in 2020 to $24,000 by April 2022.
Many small businesses have gained customers through credit card rewards, which could diminish if costs increase.
Ultimately, the settlement may create more financial burdens for small business owners rather than alleviate them.