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Index of All Articles in the Cash Reward Cards Category


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The Scope of Cash Reward Cards

The basis of most cash reward cards is to make the customer earn back while making purchases Sounds too simple There was a time when people could spend using credit cards, yet the satisfaction of the purchase was all they could attain with their card This
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Cash Cards News and Events

Credit Cards Transfer Money From Poor To Rich Households: Study

Wed, 28 Jul 2010 05:58:09 -0700

What's Your Reaction? Credit cards do more than drain money from your wallet -- they may actually create an "implicit money transfer" from the poor to the rich, according to a new study from the Boston Federal Reserve.


Credit Cards Take From Poor, Give to the Rich

Tue, 27 Jul 2010 06:51:30 -0700

Merchant fees and reward programs offered by many credit-card issuers essentially take money from those who have the least and give it to those who have the most, a Boston Fed paper said. The imbalance may have to be remedied via government intervention, the authors argued.



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