When Smaller Saved Us Money

I live in Atlanta, so I do my very best to try to see all of the tourist attractions within my hometown city. Some people call them staycations, but there are really many day trips you can take to enjoy local attractions — especially if you live in a major metropolitan area. My wife and I happened to go to the High Museum to check out one of the special venues in the city of Atlanta. The pieces within the museum are a wonderful juxtaposition of traditional and contemporary art. We went specifically because there was an exhibition contrasting photographs of New York City and different parts of the South, including New Orleans. When we were browsing through the different photographs of people and places, there was one photo of an entire block of stores in New York City in the 1960s. What was so amazing is that amongst the dozen or so stores in the photograph, not one of ...

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You Can Now Tell Me What Credit Card To Use?

On Monday, the Justice Department sued Visa, MasterCard, and American Express for anticompetitive practices. At the same time, it reached a proposed settlement with Visa and MasterCard. The ruling aims to end anticompetitive practices and allow customers to save money, but it is likely to also have unintended consequences for consumers, says LowCards.com. (source: www.ctwatchdog.com) Interchange Fee is Confusing Interchange fees, or swipe fees, are difficult to understand, and credit card processors like Visa, MasterCard and American Express have provided very little information about these fees, protecting their control and this significant revenue source. (source: www.ctwatchdog.com) Interchange fees began in the 1960s to help banks to cover the cost of processing credit card transactions. The fee is divided between the merchant’s bank, the consumer’s bank and the credit card company. The fee covers processing fees, billing statements, fraud protection, innovations, and other expenses. (source: www.ctwatchdog.com) Interchange fees typically range between 1.0% and 3.5% of every purchase made with a credit ...

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