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A comment on Anatomy of a credit card rewards program. Parent comment

Re:Anatomy of a credit card rewards program by posix86 on Thursday April 04, 2024 @09:13AM (#39929980)
It removes the incentive for clients to use cash if a card option is available, makes them more used to paying by card, and hence decreases the competitiveness of merchants that don't offer card at all - until cards become so wide spread that many merchants don't even accept cash at all, like where I live.

A bit hostile towards merchants, but very nice for consumers imo.

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Re:Anatomy of a credit card rewards program by oarsinsync on Thursday April 04, 2024 @06:41PM (#39936696)
> A bit hostile towards merchants, but very nice for consumers imo.

It's nice for consumers who prefer to pay by card. It's hostile towards consumers who prefer to pay in cash.

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Re:Anatomy of a credit card rewards program by posix86 on Thursday April 04, 2024 @07:49PM (#39937229)
Call me close minded but i see cash as an archaic, strictly inferior way of managing money. But to each their own.
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Re:Anatomy of a credit card rewards program by rangestransform on Friday April 05, 2024 @09:36AM (#39942203)
I spend primarily on credit cards but I still think it’s important to preserve the ability to transact without the government knowing. Privacy is best preserved when data is not created at all, rather than when data is protected by law.
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