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The majority of those percentages is the various gimmick bonus programs that convince people they are beating the system and getting back more than they pay. In
by stefan_ 5y ago
The majority of those percentages is the various gimmick bonus programs that convince people they are beating the system and getting back more than they pay. In Europe, the cap for credit cards is at 0.3% and that's still making a ton of money.
- not2b 5y agoRegardless of whether the right rate is 0.3% or 3%, it is certainly not 30%.