2
votes
5answers
348 views

Why do grocery stores in the U.S. offer cash back so eagerly?

Most grocery stores and Walmarts I've been to ask you how much cash back you want as one of the steps you punch in after you swipe your credit card. This happens after you have swiped your card so ...
8
votes
3answers
475 views

Why the different fees for credit and debit card payments?

Could somebody explain why the merchants are charged different fees when the customers use credit and debit cards?
6
votes
2answers
279 views

What's the benefit of a credit card with an annual fee, vs. a no-fee card?

My credit cards don't have an annual fee. I get mailers from American Express all the time and I see that card has an annual fee. I know a few friends and see a lot of people subscribed to such cards ...
2
votes
3answers
341 views

What extra charges and fees will I be billed for an international credit card transaction?

I've never traveled abroad in the past. I live in the US, and am taking a vacation shortly to Italy. At this time, I'm trying to understand what additional fees will be incurred if I attempt to use ...
9
votes
5answers
1k views

Is there a fee if you used your debit card as credit card?

Is there a fee if you used your debit card as credit card? I see people recommending to always run debit card transactions as credit. There is a similar question here as well: What does it mean to ...
2
votes
1answer
112 views

Went over my credit limit by a bit. I paid half of the balance today. Any consequences?

I saw that my card had went over the credit limit. I paid half of the balance off today. I also requested for additional credit. Will there be any penalty fees?
6
votes
2answers
530 views

Credit cards: How is a cash advance different from a purchase? Why are the fees so high?

I have a couple of questions about the notion of "cash advance" on credit cards. How does the credit company decide if some transaction is a "cash advance"? Does the merchant tell the credit ...
19
votes
10answers
403 views

Are there any Credit cards with no foreign transaction fee for international travel?

Are there any Credit cards with no foreign transaction fee for international travel, and a good exchange rate?