How do credit card rewards work?

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How do credit card rewards work?

In: Economics

4 Answers

Anonymous 0 Comments

Rewards usually come in the form of cashback, or airline miles or hotel points most commonly. Basically with each dollar you spend, you get a certain amount back in the form of cashback or points. Say 3% cashback when you buy groceries. Or 2x (per dollar) miles when you eat out at a restaurant.

Each card will have their own rules and specifics though. Definitely read all of them before choosing a card.

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