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FrugalRican
Posts: 2,876
Registered: ‎02-02-2012
Re: Merchants may be allowed to charge extra for credit cards

You're paying "something", but it's not specifically the "reward structure" of that particular card.

At least, 6 years ago, that's not how it was for me... "paying for rewards".

 

Do merchants pay MORE for processing a rewards card? Yes.

Are they paying the full amount of the rewards owed to the consumer? No.

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EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

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