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Old January 18, 2013, 08:21 PM   #6
Ricklin
Senior Member
 
Join Date: February 22, 2008
Location: SW Washington state
Posts: 2,011
Almost every seller will discount 2-3.5% for cash. The CC companies usually run 2-3% for the transaction fee.

The real money for the banks on CC are these transaction fees. I used to think the CC company hated us folks who don't carry a balance....not true. They make money every time the card is swiped.

Many merchants will give you a cash discount too, if you ask.
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