The Points Guy Says Trump’s Rate Cap Idea Ends Credit Card Heyday

Customers’ beloved perks are now on the line.

Brian Kelly, the Points Guy, at the TWA Hotel in New York City.
Photographer: Adrienne Grunwald

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Claire Ballentine

January 28, 2026 at 11:00 AM UTC

This article is part of the February 11, 2026 issue of Markets.

For the past 15 years, Brian Kelly has helped travelers navigate the bewildering world of credit card and airline perks. A former recruiter for Morgan Stanley, he runs the Points Guy website, which has 11 million viewers each month.

Now, Kelly is worried. President Donald Trump is taking aim at the credit card industry. In mid-January he demanded a 10% cap on interest rates for one year.