4 ms·

I for one enjoy my cash back points with American Express. This is not a commercial.

• hermanzegerman 8mo ago
  After paying 5% Commission to them in the overpriced stores that take it. Great Job, you played yourself
  • chrisjj 8mo ago
    Nope. Merchant pays.
    • hermanzegerman 8mo ago
      And who pays the merchant? I think you're this close to getting it...
      • chrisjj 8mo ago
        > And who pays the merchant? Card and cash users alike.
  • unixhero 8mo ago
    That is correct. And I get 10-30 000 usd in business class tickets per year for a fraction (only paying taxes) with companion tickets and bonus points to buy business tickets. It is an expensive hobby but totally worth it. I am also about to score life time golf status at one of the airlines. Yes thank you
  • timbit42 8mo ago
    If the store increases prices due to cash back cards, and I don't have a cash back card, then I'm losing. If I have a cash back card, then I'm losing less.
    • hermanzegerman 8mo ago
      Or you just shop at a store that doesn't accept American Express and charges lower prices. Amex acceptance is lousy for a reason