Turns caffeine into digestible finance content. You can contribute your thoughts like Ming Feng here. If you can’t convince them, confuse them.

This is the feeling I get when looking at credit card pamphlets and advertisement.

While the whole world is jumping onto the bandwagon of various reward systems, it is important that we consumers take a step back and know the differences.

“We shall not be fooled!”

 

TL;DR – Difference between Cash Back, Cash rebates, air miles and rewards

Understanding these terms and their differences help one make smarter personal finance decision when it comes to applying for the credit card that best suits his lifestyle.

Cashback Cash Rebate Air Miles Rewards Process 1. Item Cost …