BoatBanter.com - View Single Post

HK

Calif Bill wrote:
wrote in message
news
On Fri, 20 Feb 2009 19:55:10 GMT, (Richard
Casady) wrote:

Even the phone bill is billed to the CC as well as paying for
2 university educations and weddings. But I do not run a balance and use
the miles accumulated to travel.
Strange concept that. Looks like banks subsidising airlines.
It is bundled in the price of any product you get from any company
that accepts cards and does not directly pass that cost on to the
customer. It is typically between 2 and 5%.

Does not cost me anymore than writing a check to them.

But part of the price that you pay, even with a check, is the cost of
credit.