Privacy – Forget Your Credit Card

Re:Privacy – Forget Your Credit Card by superuser2 on Thursday March 24, 2016 @07:30PM (#11357390)

Not particularly, though it may factor in. Rewards are primarily a kickback from the company's ~3% cut.

[ Parent | on HN ]

Re:Privacy – Forget Your Credit Card by pcooney10 on Thursday March 24, 2016 @10:38PM (#11358171)

Yea +1 to that. Transaction fees are where card issuers profit the most, the rewards are just a share of their take.

[ Parent | on HN ]

Re:Privacy – Forget Your Credit Card by sleepychu on Thursday March 24, 2016 @08:14PM (#11357608)

Which is why Amex can offer such great rewards, because they charge vendors through the nose.

[ Parent | on HN ]

Re:Privacy – Forget Your Credit Card by cubano on Friday March 25, 2016 @11:19AM (#11360516)

Have you ever read the Terms Of Service when you agree to a rewards program?

Of course it's a simple rebate as well, but I didn't think I needed to point out something that obvious.

[ Parent | on HN ]