4 ms·
Not particularly, though it may factor in. Rewards are primarily a kickback from the company's ~3% cut.
by superuser2 11y ago
Not particularly, though it may factor in. Rewards are primarily a kickback from the company's ~3% cut.
- sleepychu 11y agoWhich is why Amex can offer such great rewards, because they charge vendors through the nose.
- pcooney10 11y agoYea +1 to that. Transaction fees are where card issuers profit the most, the rewards are just a share of their take.
- cubano 11y agoHave you ever read the Terms Of Service when you agree to a rewards program? Of course it's a simple rebate as well, but I didn't think I needed to point out something that obvious.