Take Advantage of the New Credit Card Rewards »
Posted By Progressive 3 months, 4 weeks ago in Business & FinanceCredit card rewards programs have traditionally featured airline miles, gift certificates, and cash back for customers who spend enough on their cards to rack up points. But recently, credit card companies have started offering a different kind of gift: They're handing out lower interest rates, refunding interest payments, and using other strategies to provide incentives for cardholders to pay down their debt and make on-time payments. The deals, however, don't always work in consumers' favor.
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