March 2, 2022
WalletHub recently published insight featuring Carey Morewedge, Professor of Marketing, on how consumer spending influences what type of credit card to choose.
In a question-and-answer session, Carey offers his insight into whether consumers prefer credit cards with simple rewards or more complex rewards structures with high maximum earning potential. He also addresses whether they should get a single card with low rates and good rewards or two different cards. Answering these questions, Carey provides advice on which option is most suitable for consumers based on their goals.