standard cash back rate

standard cash back rate

Experts Warn 2% Cash‑Back Credit Cards Often Pay 1.5%

The advertised 2% cash-back rate is rarely what you receive; most cards effectively return about 1.5% after fees and caps. The industry standard cash-back rate sits at 1.5%, even though many issuers market a 2% headline. Understanding the Standard Cash-Back Rate Reality When I first examined the fine