Slowly coming to a close in the US also.

Some places already of course not accepting Amex, some places not accepting Visa Infinites (CSR, Venture, etc).

The future of banking is direct. The days of free rewards at a loss are gone as premium US cards are nearing the $1,000 AF mark for luxury coupons.

Which places are distinguishing high-fee Visa cards?

	▲	testfrequency 12 hours ago \| parent [-]
		The legislation has been in the works for years now (not fully approved just yet). It’s why many US banks all are trying to get around issuers any way possible now. https://www.redbridgedta.com/us/market-intelligence/the-visa... I am admittedly having trouble finding where I’ve seen it brought up, but some online forums I lurk on for finance have had stories of people being denied from using specifically Visa Infinite branded credit cards. There’s also been stories of businesses not accepting Chase cards flat out, which I assume is to also curb the higher costs they incur from the premium Chase cards. Europe has long had laws in place that have hard caps set at 0.3% and 0.2% respectively for credit or debit cards. The US has been milking this with uncapped 3.0%+ fees, which is why the credit cards there drive so much profit - at the expense of every business owner.