Interest rates don't matter if you're not in debt. My business charges a fee for card users - just enough to cover what I get charged for processing. Why should a bank make money off of my labor just for THEIR customer's convenience?
I do take advantage of no interest loans (cars) and credit cards that give you a discount for using a card. I.e. large appliances. Then pay them off. Won't go to that trouble for small purchases.
^^^^° This ^^^^^
Interest rates don't matter if you're not in debt. My business charges a fee for card users - just enough to cover what I get charged for processing. Why should a bank make money off of my labor just for THEIR customer's convenience?
I do take advantage of no interest loans (cars) and credit cards that give you a discount for using a card. I.e. large appliances. Then pay them off. Won't go to that trouble for small purchases.