Talk of The Villages Florida - View Single Post - Credit Card surcharges
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Old 11-12-2023, 07:52 PM
charlieo1126@gmail.com charlieo1126@gmail.com is offline
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Quote:
Originally Posted by BrianL99 View Post
Your Credit Card companies must love you, spending over $200,000/year on their cards. Great customer for them!

I don't know where you're eating in Boston, but most every restaurant is adding a "convenience fee" and the Division of Banks has said it's ok and not a violation.

As for why use a Debit Card? A Debit Card is CASH. You've heard about the "cashless society" that's been predicted for 25 years? It's here now. Might as well participate, because you're paying for it. Taking actually folding money, costs money. People to handle it, people to transport it, companies to insure it, banks to manage it. The true cost of accepting "cash" isn't much different than the processing costs of taking credit cards.

In the big scheme of things, it costs us all more, as it's easy to hide cash from the tax implications. 99% of the time, if you walk into a business that says "Cash Only", it's because they're stealing from you and I, by not paying their fair share of taxes. Personally, I won't do business with anyone that takes "cash only" ... they're invariably, crooks.

BTW, who do you think is paying for your Reward Points"? The cost of accepting "Reward Cards" is typically 1%-1.5% higher for a merchant. Robbing Peter, to pay Paul.
your paying the same price with your debit card as I’m paying with my credit card , so what’s the problem with me using it and getting some money back and in 5 months I never saw a surcharge , , hmmmm cash back $2,500 , I spent $ 200,000 interesting math FYI I googled credit card surcharges and Massachusetts is one of a few states that makes it illegal , but so this won’t go on and on because from reading some of your posts you are always right I’ll just say whatever you say is ok with me and GO Raiders I need you for a 4 game parlay

Last edited by charlieo1126@gmail.com; 11-12-2023 at 08:10 PM.