I want to know if this question was asked before offcourse I ill elaborate with details
what do banks benefits from credit points programs ? why banks encourage clients to use credit card and win them gifts related to points ?
1 Answer
Here are some examples:
How can banks afford to offer credit card rewards?
How can credit card companies offer a cash back program?
Why are earning credit card rewards often tied to groceries and gas?
The questions were found by combining these two tags: credit-card reward-program
https://money.stackexchange.com/questions/tagged/credit-card+reward-program
answered Oct 4, 2016 at 10:47
