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by Symbiote
3352 days ago
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("EC card" implies Germany.) The EU imposes a maximum 0.3% fee to the merchant for accepting a credit card. This is to avoid any unfair competition between cash and cards, and between poorer people not eligible for cards that get cashback. The UK used to have cards giving 2-3% cashback, sometimes more, but they've all been withdrawn. I don't bother with a credit card, since it's one less automatic bill payment and one less statement to check. |
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https://www.americanexpress.com/uk/content/platinum-cashback...
I have a card that gets me miles instead of cash. I did the maths and worked out those were better value for what I wanted. Again, they're just free miles and I'm always flying with the airline anyway so I'm never making extra trips in order to spend them.
The genius of the system I use is that I have multiple credit cards (American Express, Visa) but actually they all just feed into the same account with the same bill to make managing them simple.