Is there a trend to end "convenience fees"?
There are some things I don't use my credit cards for because a "convenience fee" is charged and it's more than the miles or points are worth. However, I got my state vehicle renewal notice in the mail, and I see the "convenience fee" has now been waived. So I'm picking up some SPG points for paying my car registration and taxes.
Is anyone else noticing people beginning to eliminate "convenience fees" or is this just one state trying something? I'd love to see it. I assume they're doing it because they've decided that the cost per transaction of accepting credit card payments is less than the cost per transaction of opening envelopes, processing checks manually, and dealing with bad checks.