Different cards have different rules, I guess. Mine is just a straight 1% cash back. I love the simplicity. I don't need to spend a lot of money, or track points, or anything. If I spend money, I get 1% credit applied to my balance.
Replies
i am a simple cat with simple banking needs ๐
aug 29, 2025, 6:58 pm โข 2 0 โข view
my card has three "cash back" tiers, lets me pick which one I want, never changes them on me, and doesn't have an annual fee. I set the most cash back on food and 2nd most on gas, forget it exists for a year, and then on my birthday use the accumulated points to pay half of that month's bill.
aug 29, 2025, 7:09 pm โข 2 0 โข view
it's easy, straightforward, basically the opposite of an adhd tax because the bonus grows the longer I forget it exists, and uh frankly I recommend it. Definitely over using a debit card please people stop with the debit cards I'm tired of filing disputes for people lol
aug 29, 2025, 7:10 pm โข 2 0 โข view
This, basically. And I recognize that if cash back cards as a whole didn't exist, merchant fees *might* be lower, and retail prices *might* follow by being slightly lower as a result. *might* But since they do exist, and other people use them, it's free money for me to use as well.
aug 29, 2025, 7:21 pm โข 2 0 โข view
more people using the cards = more opportunities for people to carry a balance that they can charge interest on, I'm sure the latter exponentially outweighs the former
aug 29, 2025, 7:27 pm โข 0 0 โข view
as a former bank employee I'll accept some questions lol
aug 29, 2025, 7:11 pm โข 0 0 โข view
I think the offset is that the interest is high but since I've never carried a balance I've never paid interest so the rate is kind of irrelevant.
aug 29, 2025, 7:21 pm โข 0 0 โข view