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On Tue, 9 Oct 2012 12:07:39 -0400, iBoaterer wrote:
In article om, says... On 10/9/2012 8:54 AM, iBoaterer wrote: Yes, it DOES add cost! That is the point you fail to get! The fee that is charged the merchant is directly added to the consumer's price paid for the product. If the merchant didn't have that expense, the price of goods purchased from said merchant would be that amount cheaper. We get your point. Merchant wins. Credit card banks win. Consumer loses. Most of us don't pay the vig, however. That would add insult to injury. Why pay cash when you are already being charged to use a CC? Why not pay cash? What a stupid question! No one gives a rebate for paying cash, and the interest on the money is lost. Pay with a CC. Earn the 5%, 3%. or 1% (depending on the purchase) rebate, and collect the interest on the money for almost two months before the CC payment is due. Damn, where've you been, Kevin?? |
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