If you can’t convince them, confuse them. That is the feeling I get when looking at credit card pamphlets and advertisements. 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: Cashback vs Air Miles vs Rebates vs 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.  ...