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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 ...

Visit americanexpress.com to learn more. If you frequently fly with the same airline, using the right credit card can earn you increased rewards and special perks when you travel. After all ...

Using a gas credit card can help you earn rewards and cash back on gasoline purchases. Stacking rewards from both your gas ...

Claire is a senior editor at Newsweek focused on credit cards, loans and banking. Her top priority is providing unbiased, ...

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 ...

The Discover it Student Cash Back is a good option for college students to build their credit history and earn in rotating ...

There could be some hidden fees, higher-than-you'd-ever-imagine interest rates and some pretty key drawbacks for a card you ...

The payments are going to those who failed to claim a Recovery Rebate Credit on their 2021 tax returns. A small number of taxpayers will be receiving a special payment from the IRS in the coming ...

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 IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments.

So does Uncle Sam want a cut? In most cases, the IRS treats credit card rewards as a rebate, which isn't taxable. However, there are situations where rewards might be regarded as taxable income.