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A comment on In Urban China, Cash Is Rapidly Becoming Obsolete. Parent comment

Re:In Urban China, Cash Is Rapidly Becoming Obsolete by djdjfjd on Monday July 17, 2017 @02:54AM (#14786214)
I am not sure if it's true. It would be good if there is some data on this. But when I was living in the US, more than a few of my friends were in debt either via credit card or student loans. It's quite common compared to Chinese students which usually pay in full.
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Re:In Urban China, Cash Is Rapidly Becoming Obsolete by seanmcdirmid on Monday July 17, 2017 @02:58AM (#14786236)
Hmm, I guess you are right:

http://time.com/money/4213757/average-american-credit-card-d...

Strange, I never carry a balance, and I still get all the points common in the credit card system.

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Re:In Urban China, Cash Is Rapidly Becoming Obsolete by icebraining on Monday July 17, 2017 @03:50AM (#14786449)
That's not strange, the CC processors still get a % from the merchant for each purchase.
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