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Can you point to these studies? Anyone who gives a 3% discount for cash will get cash from me, but I already have all my money in index funds. The effort to ma
by mercutio2 1y ago
Can you point to these studies?
Anyone who gives a 3% discount for cash will get cash from me, but I already have all my money in index funds. The effort to maximize points is “use this credit card, get the cash back”.
It’s really not that much effort, for rich people with excellent credit. It is of course a hugely regressive system, but that wasn’t the argument you made.
- JustExAWS 1y agoIf you have a 2x points card and not cash back, you can still come out ahead with using a credit card over 3% cash back.
- jaza 1y agoAlright alright, maybe not "various studies", but I read this article a few months ago: https://www.aureusfinancial.com.au/blog/title-are-credit-card-rewards-points-really-worth-it-a-comprehensive-analysis/ https://www.aureusfinancial.com.au/blog/title-are-credit-car...