On Mon, 04 Jan 2016 22:13:51 -0800, sf > wrote:
>On Mon, 4 Jan 2016 21:44:56 -0500, Ed Pawlowski > wrote:
>
>> On 1/4/2016 1:38 PM, Janet wrote:
>> > In article >,
>> > says...
>> >>
>> >> On 2016-01-04 11:01 AM, Janet wrote:
>> >>
>> >>>> Sure it cost you. Fraud and theft costs all of us. The CC company took
>> >>>> the hit, but it is reflected in the price we pay.
>> >>>
>> >>> ? I pay nothing for using debit and credit cards.
>> >>
>> >> You don't get a bill, but they get their money from transaction fees and
>> >> interest. They take a little bit from all to make up for the losses.
>> >
>> > I don't pay any CC transaction fees or interest. Ever.
>>
>> Every time you use your card you pay. It is built into the price by the
>> seller. We all pay it. The fact that you don't think you pay is how
>> the banks are making money on us.
>
>So what? There are no discounts. You're paying the same price even
>if you pay cash.
Not true, many businesses do give a real discount for cash, same as
they give a real discount for volume and for paying within a certain
time. However there's no such thing as a senior discount, that
discount is calculated into the price, everyone pays it including the
seniors. The gas station in town gives a 5% discount for cash and a
$25 purchase... the liquor store I patronize gives a 10% discount on a
case if I pay in cash. What they're doing is sharing their bulk
discount with those who buy in bulk. Amazon does that for their
Subscribe & Save customers.