> BTW, you as a customer are, in effect, charged a "credit card tax" on > all potentially chargeable purchases
This is true, but not the whole story. Checks aren't free either: some percentage of them bounce, and we have to pay for that too. This isn't an issue with credit card purchases. When I worked for a bank back in the 70s, we had statistics proving that the credit card discount rate was actually less than the check loss rate. I don't know if that's still true, but it certainly was back then. ************************************************************************* ** List info, subscription management, list rules, archives, privacy ** ** policy, calmness, a member map, and more at http://www.cguys.org/ ** *************************************************************************
