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A comment on Anatomy of a credit card rewards program. Parent comment
There's even a proposal to drop these fees even lower: https://www.reuters.com/markets/us/us-fed-set-revise-debit-c...
Europe has similar laws capping the fees on both credit cards and debit cards. We could do the same and it would work better for everyone except the credit card companies.
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There's even a proposal to drop these fees even lower: https://www.reuters.com/markets/us/us-fed-set-revise-debit-c...
Europe has similar laws capping the fees on both credit cards and debit cards. We could do the same and it would work better for everyone except the credit card companies.