Underwater life
wrote in message
...
On Fri, 20 Feb 2009 14:37:27 -0800, "Calif Bill"
wrote:
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.
It is bundled in the price. They pay 2% and that money comes from
somewhere. Checks are deposited the same as cash. That is why "club"
stores like Sams don't take Visa/Amex or MC.
BTW yesterday I had an interesting experience. Ruck Brothers (rock
merchant) processes your check right there and you get it back voided.
They directly EFT the money. They also scan the stripe on your
driver's license for ID.
But I pay the same cash or CC and if I use my Amex at Costco I get a 1%
rebate. 5% on gas.
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