High end stores in rewards mall

[Walt_K]

It's not that wealthy people don't care about cash back, it's that it's unnecessary for the store to offer an additional incentive to drive sales.  If Amex is offering MR points through a rewards mall, or Chase offering UR points, etc., Louis Vuitton is paying for those points.  They don't think they need to do that to drive incremental sales. 

[lithium78]

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@youngandcreditwrthy wrote:
Even wealthy people like cash back too! In fact, wealthier people use credit more than the avg American as a "financial too"! Lol

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I'm surprised that wealthy people wouldn't go wild for cashback.  Most wealthy people I know are incredibly cheap -- which is how they remain wealthy. 

[jsickz32]

Im guessin its the same reason they dont have an option for coupon code lol

[FutureBillionaire]

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@youngandcreditwrthy wrote:
Even wealthy people like cash back too! In fact, wealthier people use credit more than the avg American as a "financial too"! Lol

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+1

[FutureBillionaire]

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@lithium78 wrote:

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@youngandcreditwrthy wrote:
Even wealthy people like cash back too! In fact, wealthier people use credit more than the avg American as a "financial too"! Lol

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I'm surprised that wealthy people wouldn't go wild for cashback.  Most wealthy people I know are incredibly cheap -- which is how they remain wealthy. 

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+1000