Dear Editor: Something has to be done about the inequities that credit card customers and more importantly merchants are being charged for their services.
There is no excuse for Visa and MasterCard to gouge their customers. They make billions of dollars every year on our backs.
I have a Dividend card. Every November, $1 is paid to my account for every $100 spent. This sounds good - no paperwork - it just shows up as a credit on my bill.
However, if the merchant is being charged three per cent and I get a one per cent return, Visa is making two per cent.
I would rather pay cash and save three per cent.
Wendy Qureshi
North Vancouver
