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> Well, if you shop for it, a cardholder can get a minimum of 1% rebated back to them, more in cases of special promotions. The reward level is set by the card
by dingaling 12y ago
> Well, if you shop for it, a cardholder can get a minimum of 1% rebated back to them, more in cases of special promotions.
The reward level is set by the card issuer and the merchant pays that, too, as part of the interchange fee.
In Australia legislation was passed that enabled merchants to add a surcharge for credit card use. The result was that 'rewards' disappeared from the market.
- saryant 12y agoMerchants can offer cash discounts in the US. Few do and credit card rewards are the strongest they've ever been. 2% on everything is easy, bigger discounts are available if you work for it.