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.
XORAX wrote:Credit card fees are only 3%. This loss of discount is a major money grab. Considering how frequently TMobile gets hacked it would be crazy to link a bank or debit card to the account. Remember, there are no safeguards automatically in place for fraud using a debit card like there is for a credit card. I really don't want someone to drain my banking accounts.
Verizon will only let you use their credit card. ATT will accept any credit card.
Verizon and AT&T got hacked recently also. Credit card fees vary depending on the company used to process them.
