this post was submitted on 16 Nov 2024
758 points (98.6% liked)
Microblog Memes
12285 readers
2036 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
RULES:
- Your post must be a screen capture of a microblog-type post that includes the UI of the site it came from, preferably also including the avatar and username of the original poster. Including relevant comments made to the original post is encouraged.
- Your post, included comments, or your title/comment should include some kind of commentary or remark on the subject of the screen capture. Your title must include at least one word relevant to your post.
- You are encouraged to provide a link back to the source of your screen capture in the body of your post.
- Current politics and news are allowed, but discouraged. There MUST be some kind of human commentary/reaction included (either by the original poster or you). Just news articles or headlines will be deleted.
- Doctored posts/images and AI are allowed, but discouraged. You MUST indicate this in your post (even if you didn't originally know). If an image is found to be fabricated or edited in any way and it is not properly labeled, it will be deleted.
- Absolutely no NSFL content.
- Be nice. Don't take anything personally. Take political debates to the appropriate communities. Take personal disagreements & arguments to private messages.
- No advertising, brand promotion, or guerrilla marketing.
RELATED COMMUNITIES:
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Say goodbye to rewards cards if this happens.
Goodbye. Now give me the 10%.
As someone who has never paid a dime in interest on any card I've ever had, and shops around for the best reward options.... Yeah, give us the 10%!
Do you realize that you can pay 0% if you pay a card in full, and still get the reward?
Why are you trying to take something away from me just because you're terrible with money?
Come on, not OP but we both know credit cards disproportionately fuck over the poor. Sometimes necessary expenses surprise you and you don't have any other choice. Personally I have great credit and 1 continually paid-off credit card but I'm not gonna pretend it's a moral failing if you don't. I know of a card that has a 40.99% interest rate here in Canada because it's marketed towards poor people with bad credit.
Capitalism targets the weak, but let's not take away that guy's 1% cash back (3% on groceries if you activate now!!)
They shouldn't exist in the first place.
The space for them exists within the monology over transactions that shouldn't generate margins that high.
If the mechanism by which I get 1% cash back is that it directly comes from the poor...good. this is a good thing. You are a bad person if you think it's not.
Technically, the cashback they pay you likely comes directly out of the transaction fees they collect, which means that after expenses (for running the infrastructure etc.), they make little to no profit on swipes. Which means they have to make profit somewhere else, which, you guessed it, is fleecing those who don't pay their balance off every month for as much as they can get away with.
I mean that's certainly a possibility but if it helps some people get out of debt, I won't be mad about it.
Nah. Rewards cards live and die on transaction fees. They generally go to people with credit knowledge that know to pay off the card at the end of the month.
Transaction AND interchange++ fees.
This is why many shops won't take AMEX cards: 3.95% transaction fee! GTFO