Reward Card Schemes Rip Off

Birmingham Post › May 27, 2006

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Summary

The majority of credit card reward schemes are ripping off the public.

Financial website MoneySavingExpert.com said credit cards companies generally earned about one per cent from retailers for every purchase made using a card.

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Extract

Reward Card Schemes Rip Off

But they were failing to pass this money back to consumers through reward schemes.

The group, ...

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