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<p>[QUOTE=&quot;-jeffB, post: 4067567, member: 27832&quot;]I have it on reliable authority that the CC companies still make money from those of us who pay in full every month -- because they still impose a transaction charge on merchants. The more people pay off their balances without incurring interest or penalties, the more the CC companies will have to increase transaction fees.</p><p><br /></p><p>I&#039;m hoping to see the day when those transaction fees ring up on the cash register just like sales tax. So far, the CC companies have had the power to prevent that; until recently, they could <i>block </i>merchants from charging extra on CC transactions, and while that&#039;s no longer allowed, inertia and social expectations mean most merchants still eat the charges.</p><p><br /></p><p>If I could choose between paying cash or paying a 2% surcharge, there are <i>still</i> plenty of times when I&#039;d choose to use the credit card -- but I&#039;d be using cash more frequently, especially for local purchases.</p><p><br /></p><p>Instead, I pay the same price either way -- and this quarter, for example, I get 5% cash <i>back</i> if I use Discover to pay at a grocery store or pharmacy. Guess which card has gotten dusted off, after several years of being used only for a few autopays? And guess where I haven&#039;t spent cash lately?[/QUOTE]</p><p><br /></p>

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