How it works...
 (Moose 31) |
 (May) |
Credit card use is easy. The chart below shows the process. "Once all that cycle takes place, everyone wins...So it's a full cycle of convenience for the bank, customer, and credit card company" (Reilly).
("How Does Credit Card")
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Credit card companies charge businesses a percentage fee of total consumer purchases. To entice people to use their card, companies give rewards and perks (Houghton 16-17). |
 (Pruser) |
(Rewards)
