Durbin amendment

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Citibank offering up to 23,500 AAdvantage miles for opening a checking account: Targeted?

As with most debit card airline rewards programs this year, Citibank recently announced they’ll be ending mileage-earning capabilities December 9, 2011. It’s no longer profitable for banks to bestow mileage on us for our checking account debit purchases due to the Durbin Amendment. I’m sad to see this perk go and the cost for buying…

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