Eli5: How does credi cards cashback work? 824 viewsJanuary 3, 2024 Question94.20K June 7, 2020 0 Comments How can we get money back from what we buy ? (1-10%) can’t we abuse it if someone we know has a shop ? In: Economics 5 Answers ActiveNewestOldest Anonymous Posted June 7, 2020 0 Comments Credit card companies charge merchants a small fee for every credit card transaction they make. Part of that plus the money they make in interest goes towards rewards and points. You are viewing 1 out of 5 answers, click here to view all answers. Register or Login
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