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Rewards would have been a more general term that still captures the meaning. I get a flat 2% back on literal everything. I agree that points would be a pain, b
by the_jeremy 7y ago
Rewards would have been a more general term that still captures the meaning.
I get a flat 2% back on literal everything. I agree that points would be a pain, but extra cash is nice. (I know this functionally means everything is x% more expensive, something something tragedy of the commons externalities blah blah blah.)
- philipov 7y ago> I know this functionally means everything is x% more expensive Exactly! I hate all rewards systems because they wouldn't be offering it if it weren't a scam. If you don't know who the fish is, it's you.
- mkozlows 7y agoThe "scam" is on everyone who doesn't have a rewards card. The increased interchange fees are shared by everyone, with reward card users reaping the benefit.
- mjevans 7y agoYeah, I use Costco's "Citi Visa" card for exactly that reason. I'd still be charged the %, and at least this way I get the most useful thing /for me/ back as a reward. That's the why I want a system that completely bypasses the insanity that are current credit/debit cards and goes directly to a modern approach (but isn't some blockchain, kill the planet with mining power, fad).
- victor106 7y agoI wonder which card gives you this benefit?
- the_jeremy 7y agociti double cash back or something like that