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Old 05-25-2011, 05:47 PM   #75
Clodfobble
UNDER CONDITIONAL MITIGATION
 
Join Date: Mar 2004
Location: Austin, TX
Posts: 20,012
Quote:
Originally Posted by Happy Monkey
Maybe some day you won't be able to get a card unless you promise to carry a balance or pay a monthly fee, but it's not here yet.
Nah, they'll just charge merchants more and more to be allowed to run transactions. You know those "rewards" cards everyone has? I learned awhile ago that the merchant is the one paying that extra reimbursement back to you, not the credit card company. It's something they have to put up with if they want to allow their customers the convenience of using credit cards.

The kids' preschool tacks on a 2% surcharge for anyone using a credit card instead of a check, plus an additional 3% if it is a rewards card.
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