FlyerTalk Forums - View Single Post - One dollar charges on CC
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Old Jul 17, 2012, 7:32 pm
  #10  
FlyWorld
 
Join Date: Jun 2005
Posts: 4,645
Originally Posted by Bullpup
Possibly a way to make additional money. Think about it they charge all tickets purchased that day a one dollar charge. They float the dollar for two days and earn interest on say 100,000 tickets. Then they charge the actuall ticket price of 500 bucks. Let's see 100k a day at 1% a year X 365 will yield them an extra 36k a year in profit.

This is the new United. Money first people last. Another scheme to boost the profit.
More likely it's an auth not a settle which means they never see cash and anyway fees would be higher than float.
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