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To: Mears
These are the same fees that are around for the middle class and rich.

Having been hit for overdraft fees for resoling my shoes years ago, I can tell you that it's a big deal for someone living close to the line. Happily, I'm no longer in that situation and now the bank pays me 1.5% to 4.5% for spending money on its credit card. I still don't understand that, but there are no bank fees on me.

28 posted on 10/20/2015 2:40:35 PM PDT by DeFault User
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To: DeFault User
...now the bank pays me 1.5% to 4.5% for spending money on its credit card. I still don't understand that, but there are no bank fees on me.

You're getting a kickback out of what the vendor pays your bank to process the purchase on their card.

33 posted on 10/20/2015 2:55:16 PM PDT by Oberon (John 12:5-6)
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