Saturday, June 19, 2010

Why the discounts and encouragement for credit cards only?

Request to confirm the logic behind the encouragement and discounts being offered only on credit cards and not on debit cards. Infact the debit cards should be more reliable and trust-worthy. Also the airline companies and even some shop-keepers always tries to avoid or do not allow purchases on a debit card. What%26#039;s the benefit of a shop-keeper other than the card company in this transaction. Can we raise our voice against this discrimination?



Why the discounts and encouragement for credit cards only?credit union





Remember- the shop pays a fee every time a card is used in their shop. The fees on Debit card purchases are much more expensive than those on Credit Cards. So I dont blame them for encouraging the use of Credit. As long as you pay your credit bill in full each month, does it really matter to you anyway?

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