| ▲ | freeone3000 14 hours ago |
| Because it gives me 2.5% cash back, which is basically free money. |
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| ▲ | wookmaster 10 hours ago | parent | next [-] |
| How do you think they got that 2.5% to "give back"? |
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| ▲ | ThePowerOfFuet 14 hours ago | parent | prev [-] |
| That comes out of the merchant's pocket, who has priced it into the sale price you are paying. It is not, thus, free money, at all. |
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| ▲ | recursivecaveat 9 hours ago | parent [-] | | On a macro level, that's true. On an individual level, your avacados cost 3% more whether you use credit or debit, it's just your choice to recover 2.5% from that back in rewards or not. | | |
| ▲ | amiga386 5 hours ago | parent [-] | | It can also be your choice to lobby your government to shut down the rent-seeking behaviour of Visa and MasterCard. It can be done. The UK and the EU capped fees at 0.3% for credit cards and 0.2% for debit cards |
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