Economy

TexasTowelie

(117,446 posts) Sat Dec 21, 2024, 12:33 AM 8 hrs ago

The Surprising Way Credit Cards Make Money - PolyMatter

This video explains how the interchange rate works within the credit card industry.

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The Surprising Way Credit Cards Make Money - PolyMatter (Original Post) TexasTowelie 8 hrs ago OP

Nope...not me. I pay that bill every month. If I don't have the money, I don't buy it PortTack 7 hrs ago #1

I have been using cash only and when I had to charge, multigraincracker 5 hrs ago #2

PortTack

(34,822 posts)

1. Nope...not me. I pay that bill every month. If I don't have the money, I don't buy it

Reply to TexasTowelie (Original post)

Sat Dec 21, 2024, 01:42 AM

7 hrs ago

multigraincracker

(34,261 posts)

2. I have been using cash only and when I had to charge,

Reply to TexasTowelie (Original post)

Sat Dec 21, 2024, 03:52 AM

5 hrs ago

paying off the card every month to avoid interest.
I do no on line banking, I go to the bank and stand in line so everyone in the bank know me. They were kind enough to tell me about a new program of a prepaid debit card I automatically put an amount in the first of the month. Use the card, at no cost and no interest on all of my store purchases. Not putting my regular debit card account at risk of being stolen. Good customer service I didn’t know I had. I love it.

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