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Who actually pays for your credit card rewards?




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Information Who actually pays for your credit card rewards?


Title :  Who actually pays for your credit card rewards?
Lasting :   5.28
Date of publication :  
Views :   1,7 jt


Frames Who actually pays for your credit card rewards?





Description Who actually pays for your credit card rewards?



Comments Who actually pays for your credit card rewards?



Mitchell Quartero
It will be very interesting if the new credit card act passes by the end of the year
Comment from : Mitchell Quartero


c a
If u get 3 cash back you are still losing money cuz the balance interest on that purchase can be around 15
Comment from : c a


DecorumnDecisions
Yea ill just stick to cash brbrThe game is rigged
Comment from : DecorumnDecisions


Jollibee Pag-Pag
I never click on any sites referral links
Comment from : Jollibee Pag-Pag


Pete from across the street
Thanks, people with no credit/bad credit You have been funding pretty much all of my vacations for years
Comment from : Pete from across the street


Nala
The 40 of people who don't pay off their balances each month and get slapped with interest payments are the ones paying for your rewards
Comment from : Nala


DJR - Fitness
I have mixed feelings about this Over the last few years I come to realize that a whole lot of people make money off of the poor So, if we are going to place guilt on consumers with money using rewards cards we have to also place guilt on banks charging interest on auto loans, etc and on credit card companies for charging interest, and on utility companies and landlords for charging late fees Charging interest and fees is how many people get rich
Comment from : DJR - Fitness


DJR - Fitness
He says if you are paying cash for everything you are literally throwing away money That’s not really true Because when people know they will get cash back on purchases they are inclined to make more purchases on the credit card Which means you spend more money Like you spend $20 more to get another 40 cents back This is psychology And this allows the credit card companies to make more money It is very profitable for them
Comment from : DJR - Fitness


DerDilla
If everyone tries to maximize their credit card rewards, the srores need to further raise prices
Comment from : DerDilla


Lobster Strange
The real answer to the question is, the people who can't pay off their credit cards pay for your points and Cashback
Comment from : Lobster Strange


Anything Goes
I agree with Brian 95brBut if you pay with cash at a store I don't think you're paying for someone's rewards cause the store keeps the rest, you are missing out on potential rewards for sure though
Comment from : Anything Goes


schnitzelsemmel
Either there's people that don't use rewards cards yet, which means they are paying for the benefits of those who pay with cards Or everybody uses rewards cards, meaning noone actually gets more rewards than they are paying for anyways but the banks have increased their profit
Comment from : schnitzelsemmel


Rosette Jones
I found out banks don't accept counterfeit money at the business So debit or credit only!
Comment from : Rosette Jones


X1Fantasy
These reward and benefit only you get with 1-3 year you are using credit card, more than that bank will make profit from your loan, like example annual charge
Comment from : X1Fantasy


Eviloid
who noticed radiohead album in the background
Comment from : Eviloid


Alban Musa
An interesting ecosystem Right
Comment from : Alban Musa


Dav Carps
Like almost any other thing in this financed world, the lower class "pays the price" ! and more and more people are falling in this index by the year!
Comment from : Dav Carps


RMNTZ
I am i the only one who gets major dchbag vibes from that guy? br"I won't go into ethics, but i will maximise my part in it"???
Comment from : RMNTZ


Thomas Chapman
Working with Maskoffweb changed my perception about online hackers They have been processional in all their dealings with me I really appreciate your efforts
Comment from : Thomas Chapman



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