scorecardresearchHow credit card companies benefit from cashbacks and discounts

How credit card companies benefit from cashbacks and discounts

Updated: 16 Jul 2022, 08:22 AM IST
TL;DR.
Credit cards not only allow customers to transact without any cash but also offer a range of discounts, cashback, bonuses, and other rewards. Let’s understand how such offers are beneficial for them.
Credit cards not only allow customers to transact without any cash but also offer a range of discounts, cashback, bonuses, and other rewards.

Credit cards not only allow customers to transact without any cash but also offer a range of discounts, cashback, bonuses, and other rewards.