4 ms·
Just like all the gas stations in an area raise and lower their prices at the same time and in the same amounts.
by ams6110 8y ago
Just like all the gas stations in an area raise and lower their prices at the same time and in the same amounts.
- davidsawyer 8y agoGas stations do that at a very regular cadence: daily. Visa and Mastercard change prices much less often than that, so this take is a little too apples-and-oranges for me.
- CardFellow 8y agoIt's true that they don't change prices daily, but it's also not particularly uncommon for them to do so. Visa raised an assessment I think last January? And interchange fees have changed several times over the years as well.
- dogma1138 8y agoGas stations change their prices based on their primary supplier for a given area these prices tend to be more or less the same, they also don’t make money on selling gas these days but rather of the convenience store/restaurant or by leasing that space to someone.