Why Credit Cards Give Rewards but not Debit cards ?

[akshaygatkalco.]

You are right. I work in furniture shop as accountant. We once saw that american express credit card holder actually pays less because of credit card fee but revenue was high from these customers. So to compensate this loss owner increase the price of furniture by just 1.5 percent on all high priced chairs. All other customers are now paying 1.5 percent extra.

[bitcoinheist]

That's why I use a credit card and do injustice 😂

[amithbhagat]

Damn! 😡, this is injustice to those paying with other modes. Thanks 🙏 Pranjal bhai for posting it.

[anujjainaj]

Pranjal when he remembers the he is a youtuber

[niladri]

The sales increases due to the offers provided by the credit card. Both credit card and the seller get benefited from it.

[ankitmeena-yzzj]

Bro...aapki knowledge bhot Shi Ko aaj ground level pe smjhte ho....

[syedghouse]

That's why most of the vendors charged extra 2% if we pay the bill using CC

[investorofasset]

Thanks sir aapke calte mai fundamental analysis shik gaya

[coderguy]

Sir pls continue the series "how i pick stocks" . Pls

[_Sun_Tzu]

Pranjal bhai ...credit card koi aj thode chalu hua ..plus ye rate badhana to sirf services me hosakta h...MRP chapke ane wale product pe nahi....anyway service wale to pehle hi sab factor in karke rakhte h ..they allow credit card to increase revenue and footfall....kyoki aj bhi 10 me 7 k pass credit card nahi milega 2-3tier city me ..

[sagardarade]

That's why...
At some shops Shopkeeper will charge some extra amount if you are paying via CC.

[vineetkapoor]

With credit cards people buy things outside their budget. Which increases the demand. Which increases the price.

[astrolitegamingchamp]

No shop owner charge extra for credit card payers only. And most of the shop owners even stop using pos machine

[anirbanbal]

Some time local shops will give 2% extra discount on cash and others which will not be available for credit card.

[GauravSharma-zxih]

*aise toh Celebrities ki waje se Inflation ho rhi hai kyunki wo bade bade brands ke ambassador ban jaate hai annually wo 5-7 crore lete hai aur customer se vasoole jaate hai.... advertisements me bhi celebs moti fees lete hai aur wo product high price pr end customer se vasool lete hai*

[ngalagn]

Right said credit card se mahangai increased... GST has no effect on mahangai..what government is doing of tax..how efficient ly tax payer money is managed..

[PrakashPatilPune]

Lux sabun par jo dam likhi hai usse jyada to nahi lega dukandar. Aur hum dmart se khareedte Hain jaha printed price par bhi discount mil jata hai.

[vivekkasture]

in my city they just dont allow to use cards and asks for the cash only because of this 3% commission

[jeetsingh]

SBI Debit card use karo.. uspe bhi rewards milte hain.

[rakeshkumar.s]

I would like to disagree for various reasons, considering controlled use of credit card can

1. Increase credit scores.
2. Give buffer time till 30-40days for payments. No instant loss of debit or upi money. Ideally this money sitting in savings account can still earn basic interest.
3. Rewards points can annually provide upto 15-20k of cashbacks.
4. Dedicated offers can help you save well enough.