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Should be noted that in most of the EU cashback programmes are also not as big as in the US. Never heard of anyone getting "2% back from everything". That said
by piaste 3y ago
Should be noted that in most of the EU cashback programmes are also not as big as in the US. Never heard of anyone getting "2% back from everything".
That said, a middleman that takes a smaller fee is still much better for the economy than a middleman that takes in an oversized fee and then magnanimously hands back a chunk of it.
Especially when that middleman is a worldwide oligopoly with far too much power. I try to use local e-payment systems whenever possible.
- closewith 3y ago> Should be noted that in most of the EU cashback programmes are also not as big as in the US. Never heard of anyone getting "2% back from everything". Which, societally, is a good thing. Credit card rewards programmes are a tax on everyone that disproportionately affects the lowest earners who aren't availing of cashback.
- shapefrog 3y ago> Should be noted that in most of the EU cashback programmes are also not as big as in the US. If they charge 100% on everyones transactions then my delux diamond card (sorry you dont qualify) can give me 200% cashback and everyone else can go f' themselves. Ahh the land of the free