This post was inspired by the upcoming devaluation of the Rogers World Elite credit card, which I will further elaborate on below.
What is the concept of “grandfathered credit cards”? This is a concept that is thrown around a lot, but let’s further clarify what it entails. Most people who are highly active in the miles and points industry are quite familiar with this topic, so this post may not be relevant to you. But if you want to learn about the different variations of grandfathering a card, then keep reading!
This post breaks down the various ways that a credit card company can grandfather a card.