2 years ago

Why do banks give out there credit cards easily and offer to reward tgem

1 answer:

7 0

Answer:

If the cardholder has a participating cash back rewards program, the credit card issuer simply shares some of the merchant fees with the consumer. The goal is to incentivize people to use their credit cards when making payments rather than cash or debit cards, which earns them no rewards.

Step-by-step explanation:

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Step-by-step explanation:

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