this post was submitted on 27 Aug 2023
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Which credit cards do you use for maximum rewards? (lemmy.ml)
submitted 1 year ago by WetBeardHairs@lemmy.ml to c/personalfinance@lemmy.ml
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My family uses credit cards for all purchases and we pay them off in full each month. Although sometimes we'll use a 0% APR promotion for bigger purchases.

Which cards do you use for maximizing your rewards?

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[โ€“] pdxfed@lemmy.world 1 points 1 year ago (1 children)

And you think your credit card without benefits isn't selling your aggregated purchase history data? Might as well get the rewards or use cash.

[โ€“] cyberwolfie@lemmy.ml 1 points 1 year ago

As commented below: if they do, they are breaking the law, and generally I trust that my bank is GDPR compliant. I have requested insight into the data they have on me and will specifically ask about third parties if I can't find any information in the data dump.

But yes, they still do have all that data stored. There is no anonymity even if my assumptions about GDPR compliance is correct, but my privacy is in that case better maintained because the number of parties with access to the data is limited. Cash would increase anonymity, but cash only is not really viable where I live anymore.