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I thought that the card bonus programs on US credit cards were subsidized not by the transaction fees, but by the monthly interest payments. So actually payed b
by yuribro 6y ago
I thought that the card bonus programs on US credit cards were subsidized not by the transaction fees, but by the monthly interest payments. So actually payed by the non-responsible credit card users.
- mschuster91 6y agoNope, they're (also) paid by the individual sellers. It's utter madness. https://www.helcim.com/us/pricing/mastercard-interchange-rates/ https://www.helcim.com/us/pricing/mastercard-interchange-rat...