DIYbanter - View Single Post - OT

George

On 10/2/2011 12:24 PM, zzzzzzzzzz wrote:
On Sun, 02 Oct 2011 10:48:29 -0400, Home wrote:

h wrote:

Ding, Ding, Ding, we have a winner. I get back at least $750 a year
from my BoA credit card and I never pay them one thin dime.

Where do you think they're getting this money to pay you?

From suckers, like you.

They're getting it from retailers who are paying increasing amounts for
CC processing charges and in turn they are raising the price you pay for
retail goods to compensate.

He would pay more without the CC.

And why would that be considering businesses that are on top of their
game regarding costs know a cash transaction costs less than a CC
transaction?

Just give an actual explanation not a goofy comment if you would.