Who Pays For My Credit Card Rewards? | CA Rachana Ranade

CA Rachana Phadke RanadeApril 01, 202300:16:42

Who Pays For My Credit Card Rewards? | CA Rachana Ranade

Many of us opt to use credit cards for both online and in-store shopping because of the popular perks like reward points and cashbacks. However, have you ever thought about who bears the cost of these rewards? Is it the credit card company, the merchant, or the user who is responsible for paying for them? Stay tuned and watch the entire video to find out the answers to all these questions.

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What is covered?
00:00 – Start
01:55 – What are the different types of Credit Card Rewards?
02:10 – What are Cash-Backs?
02:39 – What is Points-Based Reward System?
03:48 – How can you get Additional Rewards on Credit Cards?
05:15 – Who Pays for my Credit Card Rewards?
14:23 – Do Customers bear the Cost of Credit Card Rewards?

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