[lbo-talk] those credit card cash-back offers

[Carrol Cox]

I've been paying my dentist  by check (for 5% discount) for about 30 years.
Also, surveys such as Joanna respnds just give averages, no necessary
relevance to particular instances.

On those discounts from doctor or dentist. Under some old usury laws they
would be illegal. For they are a disguised way of charging interest from
those who don't pay in cash or check. Consumers Reports had an article on
this back in the early '50s..

Carrol

Joanna wrote:

I'm not sure if this means anything. There are certain things I must buy:
groceries, gas, plane tix, auto repairs, etc. I am not buying "more" because
I have a credit card, but I do use the credit card because of the cash
back...and I get about $300/year back. Today I went to the doctor and was
offered a 15% discount to pay cash/check rather than credit card. I jumped
at the offer, and I hope it catches on. Otherwise, the cash back is nice
particularly since I never pay interest.

Joanna