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wierdo

join:2001-02-16
Tulsa, OK
Reviews:
·Cox HSI
·T-Mobile US

reply to nixen

Re: So?

said by nixen:

Then again, you probably think that credit cards are free money, too.
The $400 worth of gift cards and stuff I've received so far this month from my credit card companies indicates that there is indeed free money in credit cards if you're doing it right.
--
It's wierdo, not weirdo. Yes, I know that's not the 'proper' spelling of the similar english language word.


nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA

said by wierdo:

said by nixen:

Then again, you probably think that credit cards are free money, too.
The $400 worth of gift cards and stuff I've received so far this month from my credit card companies indicates that there is indeed free money in credit cards if you're doing it right.
Ok... And the transaction fees that Visa/MC/AmEx/etc. charge to the people you buy things from: do you think the sellers just eat that or do you think they raise their overall prices to account for the cost of accepting credit cards? That $400 would go much further if they didn't pass expenses on.
--
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt. -- Bertrand Russell

Necronomikro

join:2005-09-01

reply to wierdo

said by wierdo:

said by nixen:

Then again, you probably think that credit cards are free money, too.
The $400 worth of gift cards and stuff I've received so far this month from my credit card companies indicates that there is indeed free money in credit cards if you're doing it right.
Which is possible because the merchant gets screwed out of a certain percentage.

wierdo

join:2001-02-16
Tulsa, OK
Reviews:
·Cox HSI
·T-Mobile US

said by Necronomikro:

Which is possible because the merchant gets screwed out of a certain percentage.
Yep, the merchants do indeed pay a fee for service, part of which is rebated to me.
--
It's wierdo, not weirdo. Yes, I know that's not the 'proper' spelling of the similar english language word.


ReformCRTC
Support Your Independent ISP

join:2004-03-07
Canada

Yep, you ARE a weirdo, wierdo.

The merchants pay a fee and then pass it RIGHT BACK TO YOU, you bonehead!

There is no free lunch. How many fucking times do people have to repeat that?


cyclone_z

join:2006-06-19
Ames, IA

reply to nixen

said by nixen:

Ok... And the transaction fees that Visa/MC/AmEx/etc. charge to the people you buy things from: do you think the sellers just eat that or do you think they raise their overall prices to account for the cost of accepting credit cards? That $400 would go much further if they didn't pass expenses on.
Wow, I LOVE your signature. It is always amazing to me how the word "free" brings out the stupid in people. Nothing in this life is free except sunshine and anyone who thinks otherwise is living in fantasy land.

Cell phones are NEVER free; you're just going on a payment plan. The person who just looks at the price of the device and not the cost of the contract is just like the person who falls for the car dealer scam of just talking about the payments and not the total price.


pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD

reply to ReformCRTC

said by ReformCRTC:

The merchants pay a fee and then pass it RIGHT BACK TO YOU, you bonehead!
The funny part is that cash customers, unless offered a discount for paying in cash, pay the same extra costs, but do not get any of that returned back to them in the form of credit card rewards.
--
Blagojevich / Madoff 2012!

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