Your Rewards Card Isn’t as Rewarding as You Think


The enticements for credit card rewards programs promise fantasies. And for the privileged members who can convert taps of plastic into points, and those points into luxury, the process can feel like digital alchemy, or at least a delightful refutation of that adage about a free lunch.
But as the Opinion Video above explains, that lunch — or that points-purchased round-trip…
This story appeared on nytimes.com, 2023-11-21.