this post was submitted on 27 Jul 2025
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Tons of cards have zero fees. Some offer rewards and benefits at no real cost. I have for nearly a decade used a card with 1% back on purchases and 1% back on payments. Running all my usual spending through that and then just paying it off has net me a lot of money in that time that I just use for statement credit.
It's easy to dispute charges should I ever need to. Rare since I'm cautious anyways, but the extra layer before my actual bank account is nice.
It has also built up a hell of a credit rating for me as well.
You can get 2% cards with no fees now as well. 2% on everything.
Paid cards go up to 6%, or possibly higher.
You can game this system if you don't have debt on them.
That's what I do. 2% card with zero fees and no debt on it. Run every possible expense through it monthly and just pay it off.
I am usually cautious with claims of free money. There is no free money for working class people. So, who's paying it in that case and for what reason? I reckon the company who is running the platform does it, such that they can get market share to coerce sellers into using their product.
Or am I seeing this wrong?
I will agree that a credit card only really made any sense as I began to finally gain more financial independence. Before then, it was pointless.
The claim is that they are giving you a portion of the merchant fee for utilizing said credit cards.
I'm sure they also make money by selling all your info.