OldNavySailor

Why Credit Card Interchange Fees Should Come Down

I have totally removed myself from this point of contention because I no longer use credit cards. I use cash to pay for my purchases. Retailers like to see me because they know I'm saving them the cost of the interchange fee. I still purchase things that I need as much as before, just not with that plastic debt maker.

Perhaps American retailers should develop a marketing plan to incentivize customers who pay for products or services with cash instead of credit. A national initiative like this would encourage people to think about the importance of money and real wealth, not debt.