Steve Hui is known as the "Points Whisperer", one of the Australia's foremost authorities on maximising return from frequent flyer points, and he has a warning for Aussies.

There's a huge change coming for the rewards landscape, and it's not looking good.

Hui predicts that the Reserve Bank of Australia's (RBA) proposed reforms banning surcharges on eftpos, Mastercard and Visa cards could slash the number of points everyday Aussies earn with each purchase.

So if you're a Qantas Frequent Flyer, Virgin Velocity Frequent Flyer, or other points collector who earns through card purchases, you might soon be a lot worse off.

"Your ability to earn points will drop in a number of areas," Hui, founder of points travel advisory iFLYflat, told 9news.com.au.

"A lot of credit cards will have to ch

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