Such a deduction may have also encouraged people to speculate on investments with their credit cards, considering that the tax deduction on the interest paid would have effectively lowered their ...

that business then has to pay a processing fee to the credit card company or bank. “What most people don’t know, is that the fee also applies to the sales tax and the tips on that ...

Below, CNBC Select explains how credit card refunds work and some considerations you need to keep in mind. What is a credit card refund and how does it work? How do credit card refunds work?