Credit Cards (Any) Informative - Charged To Use Your Credit Card
Someone else on here wrote a review about being charged to use a credit card at a gas station. I thought it was hooey, because HOW can they possibly be charging on top of the interest a credit card charges. It's impossible, right? I looked it up on Snopes.com and it is coming up false.
However, this AM I was watching the news (not Fox because Fox is tabloid television) and they are saying gas stations, some, ARE doing this and that retail stores are thinking of doing the same thing because they want people to pay cash. The use of credit cards is costing too much money.
I don't know what to believe, but I wanted to pass on what I have been hearing. If this is true, it could have a very interesting domino effect on our economy, everything from people not running up personal debt because they don't want charged enormous fees on a purchase, to banks having a heart attack because they aren't making any interest money off of credit cards, to our economy slipping even further into the toilet because we aren't spending what we don't have. Or, maybe people will stop spending and their personal economy will improve. I don't know.
Some of you are a lot smarter than I am in regard to all of this business. I just thought I'd put this out there this AM.