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.
The highest charge to T-mobile by credit cards should be AMEX, up to 3.3%.
The rest can be half that. $5/mo is double what Visa charges and a new profit center for T-Mobile.
The lower your bill, the higher % $5 is.
NO WAY data breached T-Mo earned my banking info.
Do your own math. Search the commercial rate your card charges T-Mo vs $5/mo.
$2.50, call it a draw. $5 is a profit center. Unearned. NOT the Un-Carrier anymore.
