Quote:
Originally Posted by GGG
Ending rewards cards is great news. You pay for those rewards through transaction fees. Well the business does but just like minimum wage hikes and increased lease rates the consumer pays in the end.
|
The pessimist side of me says we will see no permanent 2-4% decrease in the price of goods if rewards go away. Is there any precedence of this happening in any situation where a company's bottom line dropped and they passed savings along to customers on a regular basis?