4 ms·
From the very article you link too, about three paragraphs in: > Why then are there so few and apart offers for cashback cards that can be used in Europe? >
by avianlyric 4y ago
From the very article you link too, about three paragraphs in:
> Why then are there so few and apart offers for cashback cards that can be used in Europe?
>
> One explanation I’ve seen is this: they’re not so common in the EU because our debit/credit card fees are regulated and very low.
- conductr 4y agoThis is the answer. In the US the business essentially funds the rewards these cards provide because they can charge whatever interchange fee that card has decided.