Does the interest that i pay on my credit card count towards earning me points or cash back?

Question

In other words, if i spend $100 on my card, I might earn 100 points. But lets say i make only the minimum payment, and the next month they charge me $30 in interest. When I pay off the $30 in interest, do i earn 30 additional points? Is there a standard that most cards follow regarding this?

Answer 1

No, it doesn't. Points or cash back would be earned on purchases. Often even cash advances don't earn points or cash back.

Answer 2

Varies , what do your documents say ?
Usually it is just the purchases , not the %
And NEVER carry over a balance or pay % anyways .