Reward Points on Credit Cards

credit card islam

Question: I have a credit card that pays me 5% back in reward points and then I can redeem them as cash. Is this permissible?

Bismillah wal Hamdulillah was-Salatus was-Salam ‘Ala Rasulillah

It is permissible.

This is a marketing promotion that is permissible to benefit from as long as you do not allow the card to generate any interest.

Interest is generated by delaying payment beyond the grace period or by cash withdrawal.

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