article thumbnail

Why I Don’t Use Credit Card Rewards Programs

Prairie Eco-Thrifter

I remember the old S&H Green Stamp days when folks would paste their little green stamps (which they go from buying stuff) in a book which could then be redeemed for more merchandise available from the catalog. Credit card rewards programs are no different. The rewards encourage you to charge things on their card.

article thumbnail

Why I Don’t Use Cash Back Credit Cards

Prairie Eco-Thrifter

Soon my wallet was filled with paper and plastic cards, which I sometimes forgot to present when buying my ticket. When I tried to book flights with my miles, I either didn’t have enough on the right airline, or my date was a black out date. ” You probably do use cash back cards. How much do you actually earn?

article thumbnail

Best Credit Cards – December 2023

Savings Corner

The bank that issued your credit card sends money for the purchase to the merchant where the transaction took place. The transaction shows up on your credit card statement, and you repay the bank for the purchase. Rewards come in two basic flavors: Cash back. You redeem rewards by logging into your account online.