56 sats \ 4 replies \ @gmd 5 Mar 2022 \ on: Daily discussion thread
Just stacked 200k sats back paying rent (-$10 debit fee) with my Fold card... saved up 20+ spins and was getting really anxious/angry but managed to hit 3% back with my 2nd-to-last spin :P
Closing in on 3M sats through this card in the past year..
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21 sats \ 3 replies \ @cryptocoin 6 Mar 2022
I'm assuming that your landlord pays some credit card fee for that -- maybe 3%.
Try to get your landlord will give you that 3% discount for paying with bitcoin (or stablecoin, whatever). Fewer games played.
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10 sats \ 2 replies \ @gmd 6 Mar 2022
It was a 70 ahead. The highest I was spinning was $20 total sats-back until that last spin so I got pretty lucky there.
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21 sats \ 1 reply \ @cryptocoin 6 Mar 2022
That's what your landlord charged you? $9.95?
But they still must pay the merchant payment card network fee (or, more accurately, before your payment reaches the landlord, it will have the merchant payment card network fee deducted, which could be several percent depending on what method they use.
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5 sats \ 0 replies \ @gmd 6 Mar 2022
Not sure.. it's a big downtown apartment complex part of multiple managed buildings so they might have some sort of deal with payment processors. Flat fee always made more sense over % fee although I guess risk goes up with bigger transactions.
Not unlike IRS website where I'm able to make federal tax payments with I believe a $4.95 debit card fee and get a decent amount of sats back from there as well.
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