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Interesting. Services like my property taxes and electric bill charge me an extra fee for credit card payment (which I prefer since it is push and also rewards)
by bonton89 3y ago
Interesting. Services like my property taxes and electric bill charge me an extra fee for credit card payment (which I prefer since it is push and also rewards) but they only offer direct bank transfer as the other electronic method which I hate since it is pull. I doubt I'll seem them adopt fednow though.
My solution for property taxes has been to just set billpay every year to send them a check at the expected intervals.
- ledgerdev 3y ago> 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.