Bill Ackman criticized credit card rewards programs, saying low-income consumers end up subsidizing benefits for wealthy cardholders.

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Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate, CreditCards.com, Forbes Advisor and Investopedia, Johnson owns Club ...

Apply rewards toward housing costs indirectly: Cash back on credit-card payments can still help offset escrow payments, repairs, or insurance premiums. Just make sure you pay them off promptly to avoid interests charges.

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Libby Sweeney is a former credit cards editor for Forbes Advisor. Her previous experience writing and editing content for readers to better understand includes both the world of sports and data protection. She is also an experienced copy editor for t..