Re:Mastercard Should Stop Selling Our Data
by ledgerdev on Tuesday October 17, 2023 @11:11AM
(#37916377)
> property taxes and electric bill charge me an extra fee for credit card payment (which I prefer since it is push and also rewards)
Precisely why credit cards are a hidden parasite on overall economic activity. They incentivize customers to use to get rewards and then take a ~4% cut of the payment from the merchant. So that's why merchants charge you extra fee they need to make up that 4% cost somewhere and it's either fees or raising prices even though you might not realize it.
My solution for property taxes has been to just set billpay every year to send them a check at the expected intervals.