[GNC] Credit Card Rewards Refund

Steve Butler stephen.m.butler51 at gmail.com
Thu Oct 14 11:53:45 EDT 2021


I also record as misc. non-taxed income.  Thinking of titling a new income
account as "Rebates".

On Thu, Oct 14, 2021, 05:34 rsbrux via gnucash-user <
gnucash-user at gnucash.org> wrote:

> I have a credit card which, like a few others, accrues a small
> percentage (1-2%) of the amounts spent as a rebate.  The rebate isn't
> subtracted from each charge, but accumulates in the card account as
> "Reward Points" until I cash them in.  The amount is then credited to
> the card account as a payment.  Should such payments be recorded as
> income or as a negative expense?
>
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