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by soraminazuki
13 days ago
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> you get to have cheaper purchases for your entire life with no downside If you uncritically believe things like this, I have a bridge to sell you. You should praise me for it too, because that's the kind of thing you explicitly condone. > Leftists think this is terrible Nah, it says more about your worldview than it does about your favorite bogeyman, especially when you ignore the entire article and start attacking a straw man. |
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Yes the prices go up to subsidize the merchant fees. But they don't go up as much as I save in CC rewards, because my rewards are subsidized by people not using the card or using it poorly. I have 5% and 10% cards in certain categories and a 3% in all; abolishment of cards would never drop prices by that much.
As far as downside goes I've been paying with cc exclusively for a decade and I've never paid a cent of interest, so I'm not sure what it would be.