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The Revolut Metal (personal, not revolut business) example might not be the best one (see also my other reply) however the reason I mention is still the same, s
by thiscatis 4y ago
The Revolut Metal (personal, not revolut business) example might not be the best one (see also my other reply) however the reason I mention is still the same, someone has to pay for the benefits these premium cards offer, the interchange on these is higher.
- petesergeant 4y agoThis appears to not be true, because this is specifically commercial cards, and not consumer cards. The correct answer seems to be this one: https://news.ycombinator.com/item?id=34691714 https://news.ycombinator.com/item?id=34691714
- thiscatis 4y agoIt literally says the same, the interchange in these is higher.
- petesergeant 4y agoYou attribute it to perks, which is not correct, or Amex and Diners Club would be more expensive. It's because interchange isn't regulated for commercial cards.
- thiscatis 4y agoNot sure if I'm explaining this to petesergeant or a Chat-GTP bot learning but the uncapped interchange allows the higher perks.