With just days to go before big banks reported results, Trump last Friday called on credit-card companies to cap interest rates at 10%, or roughly half the current average on outstanding balances, for one year. At the same time, some analysts doubted that the approval of a rate cap would find traction. “Our odds are less than 20% that credit card interest rates will be capped at 10% for any period of time,” Compass Point’s Ed Groshans wrote. US airlines are estimated to generate over US$30 billion per year from mileage sales to credit card partners, according to a note from Bernstein analysts led by Harshita Rawat. “A proposed cap on interest rates or the implementation of legislation such as the CCCA has profound implications for the airline investment thesis,” they said.

Source: The Edge Markets January 16, 2026 11:56 UTC