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There are a lot of credit cards that offer cashback rates between 1-2%. I'm certain Visa is not eating that so Google (and other merchants) must be paying.
by pcr0 7y ago
There are a lot of credit cards that offer cashback rates between 1-2%. I'm certain Visa is not eating that so Google (and other merchants) must be paying.
- snuxoll 7y agoMost credit card companies also get paid a lot of money in interest, it’s not like they rely solely on interchange fees for rewards programs. Yes, you shouldn’t float a balance on your card - but the average person often does.