A credit card is a card to say “these people will pay you and I’ll owe them money”
With a gift card, you’re choosing items that have already been paid for, the company already got the money and you’re just picking out what you want to buy with it
A credit card is a card to say “these people will pay you and I’ll owe them money”
With a gift card, you’re choosing items that have already been paid for, the company already got the money and you’re just picking out what you want to buy with it
If you pay your bills on time, you can take advantage of that. You can think of it as a tiny discount, but the credit card company thinks of you as dead weight.
However, those companies also have clever mathematicians who have figured out how much to give you back and how much interest to demand from the people who don’t pay their bills on time. The house always wins.
The house wins as a whole, sure.
But on an individual level, if you are smart about it you’ll spend less than you would with other payment methods.