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Comment by 20after4

That cash back is basically a scam. It's paid for by the credit card processing fees - fees which are charged to merchants and ultimately get passed on to the customer in the form of higher prices. Some merchants even tack on explicit ~$3 transaction fee for credit card purchases, to cover transaction costs.

So the cash back is just a partial refund on your credit card processing fees.

parent 20after4 1 year ago

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