"Experts Warn: Credit Card Rewards Not Worth the Debt for Many Americans"
A new study shows that two-thirds of Americans with credit card debt still try to maximize credit card rewards, but this may not be a wise strategy. With credit card interest rates at an all-time high, it's important to prioritize debt repayment over chasing rewards, as the typical rewards payout is often outweighed by the high interest rates. While some credit card debt may be unavoidable, it's crucial to choose a card that fits your lifestyle and to avoid overspending just to earn rewards, as studies show that people tend to spend more when using credit cards.