On March 4, 2023, The New York Times published an op-ed attacking rewards credit cards, entitled “The Dirty Little Secret of Credit Card Rewards Programs.” The op-ed makes several misleading claims about credit card rewards, which are consistently repeated by merchant and retail special interest groups that are funded by mega-retailers like Walmart and Target. These claims have been addressed below.
[pdfviewer width="100%" height="750px" beta="true/false"]https://electronicpaymentscoalition.org/wp-content/uploads/2023/03/EPC-Explainer-Correcting-the-NYT-Op-ed-on-Credit-Card-Rewards.pdf[/pdfviewer]
