Originally Posted by
clacko
my wife's hairdresser reported last week that her cc charge was raised from 4 to 6%....
She has either a really bad deal or a lot of chargebacks. Visa/MC swiped retail should be under 2%.
Change is inevitable--I see churning becoming even more of a thing of the past. I see signup bonuses becoming, on average, somewhat less lucrative. I see ongoing monthly spending bonuses as staying pretty constant.
Change? Yes. Doom and gloom? No.