Monday, June 1, 2026

How shoppers who pay in cash are subsidizing Americans’ credit card reward points

However,  paying in cash has many advantages from my point of view. Your personal privacy is maintained by paying in cash and if there is a power outage or phone line outage all credit cards both ATM and others simply will not work. I have had the same problem over the last 20 years now from the same gas station in Buellton because the Solar Flare shut down the card readers and everything else at this station. So, if I didn't have cash I would have been stranded with my car and family in Buellton. So, it's a good idea to carry AT LEAST enough cash to buy gas and food or maybe a hotel if something goes wrong with the credit card system nationwide or worldwide from a solar flare because this happens periodically.

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How shoppers who pay in cash are subsidizing Americans’ credit card reward points

A study estimates that people who pay with cash and debit cards are subsidizing $30 billion a year in points and rewards for credit card users.

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