re:last post ? cc used for farm purchases

[agchat]

Have three coop (bulk fuel dealers), within thirty miles from us. Two you can leave you cc number with them no problem, and one claims it gets charged double rate if you manually enter a number. Whats up with that? I think there just trying to avoid cc. I do know rates they pay vary. Like everything else in this world, the higher sales volume the lower percent they get charged.

[Guest]

Tom, its called dyodd , we check our prices lots , and do indeed get the 2% back free . maybe you should do some price checking . farmers don't always have to be the one getting screwed. it's real simple , if the independent that doesn't take credit cards is more than te one that takes cards , well you know the rest of story?....

[Hopalong]

Wonder why so many want to use credit cards.
Think it is smart marketing by financial institutions and others who encourage their use.
Better to plan and manage cash flow so a business does not rely too much on short term credit.

[Guest]

always pre pay , have never paid 1 cent of interest . this falls year end purchases gave $5k same as cash or trips , whatever you want .and we're not big farmers . all it costs is $135 /yr to keep card. I don't see any independents that look like they have their backs against the wall , lol . can't understand why they'd bitch about card use

[agchat]

We use ours because if it is the same price we get a bit of cash back. You gotta watch though, if you get four percent on fuel, the place has to be registered for fuel. I know coop bulk is registered under ag, so it does not apply. Same as groceries, you buy if its at walmart, they are registered has a retail so no four percent there. However Sobeys, and COOP grocery stores do apply.

[agchat]

Oh ya, if anyone knows of a card that does not have a cap if they are paying more than one percent, let me know please. I have not found any.

[Guest]

never heard if 4 % ,but credit union world elite has no cap on points , really good card, 2 % on all purch back ,$130-150 admin each year

[Hopalong]

Loyalty programs and free trips part of smart marketing. Must pay or why else would they be there?

[Hopalong]

Like other forms of smart marketing, plays on customer ignorance and financial weakness.
Not dishonest but morally questionable.

[LEP]

Hopalong, I think you are missing the point. I buy everything on credit card that I can. We even buy groceries.

Not because we need the credit. I haven't carried a balance on a credit card since 1986.

I have 2,000,000 air miles. Use them for a trip or two a year. I see nothing unethical about using my card for as much as I can. If two retailers offer fert at the same price but only one takes a card guess who I buy from?