What are the differences between cashback and rewards programs?
An example of an AI chatbot conversation about cashback vs rewards programs.
What are the differences between cashback and rewards programs?
Cashback programs give you a percentage of your spending back as cash, while rewards programs offer points or miles for purchases.
Which one is better for everyday spending?
It depends on your spending habits. Cashback is straightforward, while rewards can offer more value if you travel or shop frequently.
Are there any drawbacks to cashback programs?
Yes, cashback programs may have limits on how much you can earn, and some may charge annual fees.
What about rewards programs? Are they worth it?
Rewards programs can be worth it if you maximize points and redeem them wisely, but they can be complex.
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