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From: whp@cbnap.UUCP
Newsgroups: net.consumers
Subject: Re: Department Store Credit Cards: Why?
Message-ID: <184@cbnap.UUCP>
Date: Wed, 7-Mar-84 09:17:16 EST
Article-I.D.: cbnap.184
Posted: Wed Mar  7 09:17:16 1984
Date-Received: Thu, 8-Mar-84 19:14:21 EST
Lines: 7

The charge for some credit cards is around 6%, such as AmEx.  Visa is
around 3%, which is why many more stores prefer Visa to AmEx.  In addition,
even stores without their own credit card have some accounting expense,
so the addition cost of having their own credit card is probably a bit
less than you'd think.

W. H. Pollock