That's because the IRS generally considers credit card rewards to be discounts or rebates on purchases made with the card, not income. Do credit card rewards expire? Whether your credit card ...
There are risks to paying medical bills with a credit card, but taking advantage of rewards or a 0% APR offer can make sense for some people.
Consumers often had to submit a rebate request and wait for weeks or months to receive the credit. Today, cash-back cards allow you to earn money back on various purchases at the end of each ...
The Discover it Student Cash Back is a good option for college students to build their credit history and earn in rotating ...
Generally, the IRS categorizes redemption of credit card rewards and frequent flyer miles as non-taxable. Instead of being seen as income, "they are treated as rebates or discounts on what you ...