Credit Card Rewards

B2 – Upper Intermediate

When we use credit card rewards, we think it’s our banks that shoulders our bills. How very thoughtful and generous of them, right? What most of us do not realize, though, is that businesses have got to find a way to compensate for that.

Find out about the ugly truth behind who really foots these credit card rewards.

https://www.vox.com/the-goods/22454885/who-pays-for-credit-card-rewards

Discussion Questions:

  1. Do you use credit card rewards to purchase things? Talk about your experience.
  2. What do you thing about this: “Credit card perks reward rich Americans to the detriment of the poor.”?
  3. Would you say that the payment system in your country has also evolved into a reverse Robin Hood? Explain.
  4. Has knowing that every time you use a rewards card to pay for something you buy at some shop, some others paying in cash is footing some part of your tab changed your thoughts about (using) rewards cards? Support your stand.

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