What advantage do credit cards from banks have over proprietary credit cards?
• Only proprietary credit cards charge businesses a fee.
• Proprietary credit cards usually charge lower interest rates.
• Bank credit cards can be used at many businesses.
• Bank credit cards usually require a higher credit score to acquire.
• Bank credit cards typically offer more rewards and benefits, such as cash back, travel rewards, and purchase protection.
• Bank credit cards often have higher credit limits compared to proprietary credit cards.
• Bank credit cards are often more widely accepted internationally.
• Bank credit cards may offer better customer service and fraud protection.