3 ms·

There's 0 difference between using a "cash back" card and using a non "cash back" card.

• rsync 10y ago
  That's not true at all. A merchant that takes a big-bonus cashback card pays more in total fees than if they were paid with a "normal" card. The merchant is charged additional (sometimes substantial) additional fees, on top of the normal processing fees, for transactions done with those cards. That is true with any big bonus card - whether it is cash back or miles back or triple-points or gas-bonus or whatever ...
  • zeroer 10y ago
    I've never heard this and it runs contrary to what I've read. Do you have a reference?
  • ryanlol 10y ago
    As far as I am aware the higher interchange fees for premium cards are independent of the cashback, I assume that is what you're referring to.