It kind of is, in an oblique way, for merchants with sufficient scale - e.g. grocery purchases don't need chargebacks, and I expect the bank that is partnered with my grocery store for 6% back in points on grocery purchases is unlikely to award chargebacks on purchases from that grocer.
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It kind of is, in an oblique way, for merchants with sufficient scale - e.g. grocery purchases don't need chargebacks, and I expect the bank that is partnered with my grocery store for 6% back in points on grocery purchases is unlikely to award chargebacks on purchases from that grocer.