Quote:
Originally Posted by geogerf
Credit cards also get a fee per transaction, it is not solely paid for by those that make the min payments (although that’s big, don’t get me wrong).
Ever see the sign, “No credit card purchases below $X”?
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Yes, I know that, and from my understanding debit cards as well, albeit a lower fee. However, I would guess the money from transaction fees is probably more to cover the cost of card machines, network, etc., and not so much a rewards program.