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Are gas prices 'windfall profits' for credit card companies? »

Posted By speedmaster 5 months, 2 weeks ago in Business & Finance

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"Last I recall reading, I think that Visa and MC might charge merchants around 2.5% per transaction, and AmEx maybe 4%. I know that I have used a credit card for every gas purchase I've made in the last 5 years except for maybe 1 or 2, assume many others do as well. As we've seen gas prices rise approx. 30% in the last year ...