Why we overspend to earn rewards points

Even the most financially disciplined person might catch themselves chasing rewards from a credit card or loyalty rewards program. It’s not just you or a lack of willpower; credit card issuers and retailers design rewards programs to tap into the psychology of spending.Research shows that people tend to spend more when using credit cards, make more impulse purchases, and even leave larger tips. Rewards programs can reinforce those habits since each purchase feels like a step towards someth