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.

Follow my financial journey:

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+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)