Quote:
Originally posted by Incognito:
I dont get it quiet.
If Your check size is 90 plus something grands either You got unusually big sales on online checks and WEB900 or huge reserve.
Otherwise You CREDIT CARD sales should be over 100 000$ per period.
If so - they should bill You less than 11.5%
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i have a reserve averaging about 20K a month (as i currently do about 225K a month total), which is taken off every period - but only applied once a month to my mid-month wires. i do anywhere between 15-20% online checking/web900 in terms of total revenue. so i've been sitting at 11.5% fee's for the past 3 months.
however, as of my feb 1st wire, i will have finally passed 100K for ccard sale's alone (for a single 15 day period) and fee's will be reduced to under 11.5%. i'm assuming I'll get between 10.5 - 11%
but i haven't talked to ibill about it yet...
[This message has been edited by quiet (edited 01-14-2002).]