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Re:Why are credit card rates so high? by SL61 on Tuesday April 01, 2025 @06:52PM (#43552119)
I've made thousands of dollars in cashback and rewards from my credit cards without ever paying a cent in interest. That's the main value proposition of credit cards for people who never carry a balance.
Re:Why are credit card rates so high? by ebb_earl_co on Tuesday April 01, 2025 @06:55PM (#43552141)
I have operated under this model for about 10 years now as well. But there was a recent Atlantic article that gave me pause: those rewards are exactly the results of credit card companies’ usury, extracting money from other people.

It just doesn’t seem ethical to me (for my parameters) any more. :-/