A number of credit card issuers are suspending their affiliate programs indefinitely. At this stage it looks like Chase is pulling all business affiliate links and possibly personal links with American Express to pull business links as well. This looks to be a cost cutting measure due to COVID-19. We don’t use credit card links for reasons explained in this post. I suspect if this continues it will cause some of the larger sites to have to let employees go.
Given that card issuers are suspending these programs it’ll be interesting to see what happens to sign up bonuses going forward, if they’ll look to cut those as well to reduce expenses or possibly increase the bonuses but with stricter lending requirements.
