How does my credit card company benefit if I get rewards but never carry enough of a balance to owe interest payments?

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How does my credit card company benefit if I get rewards but never carry enough of a balance to owe interest payments?

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Anonymous 0 Comments

every time you make a retail purchase with a credit card the merchant pays a fee of something like 3% of your purchase amount to the credit card company. so it’s in the company’s best interest to keep you buying stuff with the card.

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