LadyButterflyshe/her@lazysoci.al to [Migrated, see pinned post] Casual Conversation @lemm.eeEnglish · 4 个月前Whats a useful moneysaving tip you want to share?message-squaremessage-square70linkfedilinkarrow-up165arrow-down10
arrow-up165arrow-down1message-squareWhats a useful moneysaving tip you want to share?LadyButterflyshe/her@lazysoci.al to [Migrated, see pinned post] Casual Conversation @lemm.eeEnglish · 4 个月前message-square70linkfedilink
minus-squareHobbitFoot @thelemmy.clublinkfedilinkEnglisharrow-up7·4 个月前It is because credit card companies charge a fee to vendors. It is sizeable enough that credit card companies will offer 1% back so they can make money on the other 2%-4%.
minus-squarelemming741@lemmy.worldlinkfedilinkEnglisharrow-up3·edit-24 个月前I’d wager it is the 15% or more they can sucker half of people into paying. Cash back is bait.
minus-squareHobbitFoot @thelemmy.clublinkfedilinkEnglisharrow-up3·4 个月前The premium credit cards don’t assume standing balances. You typically don’t get that much money by being bad with money.
minus-squarelemming741@lemmy.worldlinkfedilinkEnglisharrow-up2·4 个月前https://www.nerdwallet.com/reviews/credit-cards/paypal-cashback 690 doesn’t sound premium
minus-squareSatansMaggotyCumFart@lemmy.worldlinkfedilinkEnglisharrow-up1·4 个月前Wow I never knew credit scores could be triple digits.
It is because credit card companies charge a fee to vendors. It is sizeable enough that credit card companies will offer 1% back so they can make money on the other 2%-4%.
I’d wager it is the 15% or more they can sucker half of people into paying. Cash back is bait.
The premium credit cards don’t assume standing balances. You typically don’t get that much money by being bad with money.
https://www.nerdwallet.com/reviews/credit-cards/paypal-cashback
690 doesn’t sound premium
Wow I never knew credit scores could be triple digits.