5 ms·

Because it gives me 2.5% cash back, which is basically free money.

• ThePowerOfFuet 23d ago
  That comes out of the merchant's pocket, who has priced it into the sale price you are paying. It is not, thus, free money, at all.
  • recursivecaveat 23d ago
    On a macro level, that's true. On an individual level, your avacados cost 3% more whether you use credit or debit, it's just your choice to recover 2.5% from that back in rewards or not.
    • ThePowerOfFuet 10d ago
      >On an individual level, your avacados cost 3% more whether you use credit or debit, it's just your choice to recover 2.5% from that back in rewards or not. I instead chose to live somewhere it's capped at 0.3% and then I don't have to fuck around to get my money back after the fact. As an added bonus, I don't even know what a medical bill looks like.
    • amiga386 22d ago
      It can also be your choice to lobby your government to shut down the rent-seeking behaviour of Visa and MasterCard. It can be done. The UK and the EU capped fees at 0.3% for credit cards and 0.2% for debit cards
• wookmaster 23d ago
  How do you think they got that 2.5% to "give back"?