Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
jubilanti
23 days ago
|
parent
|
context
|
favorite
| on:
How credit card rewards became a $9.2B wealth tran...
The point is they make a lot of their money from people who don't, paying 20% APR -- the 'whales' in this consumer industry aren't the richest people, unlike retail, gaming, travel, etc.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: