Forum Discussion
what's up with T-mobile removing autopay discount for credit cards?
I just literally signed up for a new plan - debit cards have fees for providers too - accessing my bank account isn’t a good approach from a security perspective (noting that T-mobile has been hacked...
That was announced months ago. It is because credit card companies charge a service charge that is based on the percentage of every transaction, which eats into T-Mobile's revenue. Removing the auto pay discount for credit cards negates that.
syaoran wrote:That was announced months ago. It is because credit card companies charge a service charge that is based on the percentage of every transaction, which eats into T-Mobile's revenue. Removing the auto pay discount for credit cards negates that.
Right… So, the credit card company charge (which is at MOST 3% although for a large company like TMobile it would more than likely be closer to 2%) on a line which costs around $25, would be $.75. So, they will be removing a $10 benefit because they are out $.75. Suuuuure, it's the Credit card companies fault, surely not TMobile.
