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On 3/22/2004 10:28:51 AM aljdewey wrote:
Trinity, most places don't charge an *additional* fee for credit card.
Most vendors offer a *discount* if you pay in cash because they don't get charged by the credit card company for the transaction and they pass that savings along to you.
In most instances, t's a discount for cash payment, not an add-on fee for credit card payment.
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On 3/22/2004 10:38:37 AM tessa wrote:
The difference is rather philosophical.
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The difference is more than philosophical. It's mathematical.
Assume a diamond lists for $5,000. If there is a 2% credit card charge, that raises the price to $5100 for a credit card purchase.
That's different from the price of the diamond being $5,000 unles you pay cash, in which case the price is discounted 2% (or $100) to $4900. In this scenario, the credit card purchase price is $5,000.
That's more than a philsophical difference.