Comment on In a way, a gift card is kind of the opposite of a credit card
dogdeanafternoon@lemmy.ca 1 day agoYou mean less money right? Most credit cards give you 1-2% back.
Comment on In a way, a gift card is kind of the opposite of a credit card
dogdeanafternoon@lemmy.ca 1 day agoYou mean less money right? Most credit cards give you 1-2% back.
TranquilTurbulence@lemmy.zip 1 day ago
If you pay your bills on time, you can take advantage of that. You can think of it as a tiny discount, but the credit card company thinks of you as dead weight.
However, those companies also have clever mathematicians who have figured out how much to give you back and how much interest to demand from the people who don’t pay their bills on time. The house always wins.
dogdeanafternoon@lemmy.ca 1 day ago
The house wins as a whole, sure.
But on an individual level, if you are smart about it you’ll spend less than you would with other payment methods.