Post
Topic
Board Bitcoin Discussion
Re: " I use my credit card for the miles"
by
tysat
on 26/06/2013, 17:36:19 UTC
The credit card companies normally charges the merchants 3-5% over the transaction cost.

If I use a credit card which gives me cash-back, and I pay off the card balance every month, why should I use cash instead?

Exactly!

I feel like I'm giving away money if I don't get the rewards from my card.  I lose nothing using them because I pay them off every month, and I get back a 1-2% on everything because I charge it all.