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Anything that encourages you to save is a good thing. Or is it? Investment rewards credit cards are touted as a savings tool. The cards, around for more than a decade, are linked to vehicles like a money market, brokerage or investment account, or college savings plan. Rewards are credited to the accounts as a percentage of the purchase activity on the card. However, there are risks and potential drawbacks to consider.
Click ▶️ to hear Alfred Edmond, Jr.’s Money Matters report:
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