Originally Posted by woj (Post 17972507)

fairer? Who is there to judge if 12 cents per transaction or 25 cents per transaction is fair? certainly not you or some politician... if you feel the fee is not fair, then don't use it, it's not like anyone is forcing anyone to use debit cards...

How fair would it be if someone decided that porn membership's "fair" price is $10/month and you can't charge more than that? or that you can't charge more than $25/hr for your work?

They'll start targeting cell phone companies telling them that 10 cents per SMS is not fair, that 2 cents is more fair? or that paypal can't charge 2.9% fee, that 0.9% is "fair"? wtf are you guys smoking?

"fair" is charging whatever you want and letting the customers decide if that price is fair...

Originally Posted by Seth Manson (Post 17971542)

Just like AaronM, I dont have credit cards. Dont need credit cards with a 6 figure income.

Home and vehicle are all I have financed, and didnt really need to finance the vehicle.

I have a $5000 daily limit on my debit card and I wont like that being reduced at all.

Sure, using it as a credit card works fine and racks up reward points. But it costs merchants more to process credit vs debit, and once you take the debit option away the merchants are going to raise their fees to cover their loss. In the end, the consumers get fucked. Like always.

Pretty much the only time I use my debit card and its less than $100 is for lunch or gas.

Originally Posted by Rochard (Post 17972920)

I'm the same way, have been like this since 1995.

One time in Phoenix while working for Lightspeed Cash I decided to open up a credit account at a jewelery store a few weeks before Valentine's day because I wanted to buy my wife something nice with her seeing it in our bank account. The chick who opened up the account read my application and said "Mr Buss, your supposed to put down your monthly income, not your yearly income". Seems what I listed for my monthly income was what most of her customers make in a year.

Originally Posted by Wizzo (Post 17971462)

It would be for Debit Purchases only, you still could make credit purchases with your debit card for over that limit. Which I do anyway to collect airline miles. :pimp

Originally Posted by Rochard (Post 17972920)

I'm the same way, have been like this since 1995.

One time in Phoenix while working for Lightspeed Cash I decided to open up a credit account at a jewelery store a few weeks before Valentine's day because I wanted to buy my wife something nice with her seeing it in our bank account. The chick who opened up the account read my application and said "Mr Buss, your supposed to put down your monthly income, not your yearly income". Seems what I listed for my monthly income was what most of her customers make in a year.

Originally Posted by AaronM (Post 17971717)

PayPal business debit card gets around that most of the time.

Also, most rental car companies will rent to non-locals with a debit card if they have a return flight, train, bus ticket.

Originally Posted by AaronM (Post 17971717)

PayPal business debit card gets around that most of the time.

Also, most rental car companies will rent to non-locals with a debit card if they have a return flight, train, bus ticket.

Originally Posted by PStarks (Post 17971586)

reward cards are where it is at. I make about 700 bucks a year on misc rewards across my credit cards and pay off my balance weekly to avoid EVER paying interest. You can not go wrong with 1%~5% cash back on every dollar you spend. Just think about the good old days before the credit crunch when some people lived off exploiting credit reward deals. I have know people that used to get paid 1000 bucks a month just for using some reward cards the smart way.