How Inflation Eats Your Credit Card Rewards

Inflation and Your Money with Fexingo: Protecting Purchasing Power and Beating Inflation · Sep 7, 2026 · 9m · transcript

We dig into the hidden tax on everyday spending: how inflation and interest rates are turning credit card reward points into a losing proposition. With the Fed Funds rate holding at 3.63 percent and core CPI ticking up, the gap between what you earn in points and what those points are actually worth is widening. We break down the math behind the 'breakage' model, why airline miles are particularly vulnerable to devaluation, and whether your rewards program is quietly subsidizing the bank's lending costs at your expense. If you have a stack of unredeemed points or miles, this…