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# Why Rewards Cards Are Bad for Everyone

This New York Times video outlines how credit card rewards programs disproportionately benefit wealthier consumers and burden small retailers with high swipe fees. These fees, used to fund rewards, significantly impact small businesses that cannot negotiate lower rates. This creates an economic imbalance where the cost of rewards is indirectly borne by small retailers, contributing to inequality in both consumer and business sectors. Watch the video below:

sitemanager 2023-11-21T08:52:05-05:00 November 21, 2023|

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