Andrea Presbitero

Andrea Presbitero is a Deputy Division Chief in the Research Department

Andrea Presbitero on Rewards Cards and Wealth Inequality

Andrea Presbitero September 7, 2023

Credit cards that offer rewards like travel discounts seem a good idea, but rewards cards can be costly for anyone who keeps a running balance. So should there be rules around who gets one? IMF economist Andrea Presbitero says while these cards can widen wealth inequality, limiting access is not the answer.

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IMF Podcasts are the views of the International Monetary Fund (IMF) staff and external officials on pressing economic and policy issues of the day. The IMF, based in Washington D.C., is an organization of 190 countries, working to foster global monetary cooperation and financial stability around the world. The views expressed are those of the author(s) and do not necessarily represent the views of the IMF and its Executive Board.