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 Did you know? |
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Did you know that the air miles and other ‘free gifts’ cardholders get from Visa and MasterCard are not free at all? Retailers and shoppers pay for them on every purchase – whether paid for by cash, cheque or card.
Category: Did you know ?
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“My bank told me the fee covers processing costs for Visa and MasterCard. But I read that only 13% of the fees go toward these costs, with the rest going to bank profits, and rewards for the select few cardholders. What’s the deal?”
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