|reply to lugnut |
Re: and thats why I use Credit Cards!
The "fee" is normally the Bank attached to the Visa.
that's why you can get no fee visa's, and some gold/plat/club whatever visa that does have a fee. It all depends on what extras the card has.
edit: maybe i'm thinking about interest rate.. it's probably both..
mostly likely Visa charges the Banks a flat rate for anything with their Visa/MC card branding transaction system.. Though I'm pretty sure all the extras (services/extra warranty/cashback) and fee are all the Banks/lender though.