Wednesday, July 4, 2012

Accounting Tips: Using Credit Card Rewards Programs to Help Your Business

You can use credit card rewards programs to help your business.  Basically, a rewards program allows the credit card holder to earn some kind of benefit in exchange for using the card. Each time the credit card is used, a certain amount of points are rewarded for every dollar spent. Or, a certain percentage of the total amount spent during a billing period is returned as cash back. The points or cash back amount can then be redeemed for a number of products, such as plane tickets, gift cards, merchandise or credit towards the bill.


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