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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (42604)	9/29/2005 12:27:03 PM
From: ild	Read Replies (1) \| Respond to of 110194

<<<after charging perhaps 20k at an average fee of 2%, they still make $400 a year off of me>>> Don't you use credit cards that return cash back to you? Many cards return 1%. Citi returns 1% on everything and 5% on gas, supermarket and drugstore purchases. Although Citi limits rebates to $300 per year. Well, I managed to have two of these Citi cards in my family. -g- EDIT: I have a friend who bought a gas station. He hoped that he'd have a stable income. It turned out that credit card fees eat a big chunk of his little margin.