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The latest credit cards news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks credit cards across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
Credit card rewards transfer $9.2 billion annually from lower-income households to those earning over $150,000, per Harvard Business School research. Cash users face a 26% higher effective sales tax than premium card users. Interchange fees shift $30 billion total from cash and debit users to credit card users.
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