Credit cards with rewards keep people spending

http://www.dispatch.com/live/content/business/stories/2010/08/15/incentives-keep-wary-consumers-spending.html?sid=101

According to this article on dispatch.com, credit card debt is falling, which probably goes some way to explaining why credit cards with rewards are being ramped up, and being made more attractive to consumers.

After all, if you’re being incentivized to use plastic with cash back and other rewards, then you’re likely to use your card more often. On the other hand, if there are no rewards, you can be pretty sure that it would leave a lot of credit card companies in a dire situation.

We may be living in difficult economic times, but it’s good to know that those that continue to spend will at least be rewarded a little for their efforts. If you can afford it, now is the best time to take advantage of the rewards being offered by credit card companies.

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