The "Cash back" credit card had accumulated a tidy sum of money, paying for a very nice dinner.
A credit card with a cash back or airline mileage benefit requires funding.
Popular credit card hosting sites, such as Visa and Mastercard, account for 84 percent of general purpose credit cards and have leverage over stores and restaurants for their use.
Amazon credit card payments create points that translate to cash.
Each offer usually comes with a reward premium to induce your application for their new credit card.
Some credit card users may be passive now, but marketing blitzes will increase consumers who use cards for benefits.
A choice of a nonpremium card could increase the bank's payment to the retailer, while reducing premium rewards for usage like cash back, airline miles, and points to the card holder.
https://mises.org/wire/washingtons-planned-theft-credit-card-benefits
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