Ferrari Mailing List: Re: NFC.Credit card BS

[LarryT (l02turner]

    Cool! You must have enough built in to the price to cover the merchant 
account fee?   There was a dealership in NC that sold a new MB - and the 
customer wanted to pay using Amex - since they publicized they accepted AMEX 
(intended for the parts dept) they had to accept it for the new car sales.  
Don't know ow much their merchant fee was or how much their new car margin was 
but they raised such a fuss it was in the newpaper - 

    Isn't the merchant fee usually between 2% & 4% depending on sales volumn?

LarryT

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Free 1 year NRA membership to anyone interested!

  ----- Original Message ----- 
  From: Brian E. Buxton 
  To: LarryT 
  Cc: The FerrariList 
  Sent: Friday, May 15, 2009 8:09 PM
  Subject: Re: [Ferrari] NFC.Credit card BS


  I have had people pay for cars on credit cards before.

  B




  LarryT wrote:

My ex-boss (who owned a 87 328GTSi) used to put his son's tuition on a CC - 
for the F Flyer miles IIRC -

LarryT

https://www.nrahq.org/nrabonus/accept-membership.asp

Free 1 year NRA membership to anyone interested!

----- Original Message ----- 
From: "Matt Boyd" <ferrari308driver [at] gmail.com>
To: "Larry Turner" <l02turner [at] comcast.net>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Sent: Thursday, May 14, 2009 10:02 PM
Subject: Re: [Ferrari] NFC.Credit card BS


The credit cards still make enough $$ off transactions to afford to
pay good rewards. Changing topics, what are the best reward cards out
there? Here's what I do:

I have a Pentagon Federal Credit Union Visa card that gives 5% back on
all pay-at-the-pump purchases (no limits), and I believe 2% on
everything else. I also use an American Express for all travel or
restaurant expenses or at Costco as it gives 3% on all those
purchases, but I have to wait for a yearly check from AMEX that I then
have to bring to Costco, but you can cash it on and get green bills as
your rebate (you don't have to USE it at Costco).

Are there other good rewards options out there? I really like the pure
cash back rewards instead of travel perks and such.

-matt
'85 euro 308....top off commuting today...

On Thu, May 14, 2009 at 9:50 PM, Charles Perry
<charles [at] carolina-sound.com> wrote:
  Erik didn't say that you had to PAY cash, he just said you had to be
ABLE to pay cash.

-- charles



-----Original Message-----
From: LtWacko [mailto:ltwacko [at] aol.com]
Sent: Thursday, May 14, 2009 8:47 PM
To: Charles Perry
Cc: The FerrariList
Subject: Re: [Ferrari] NFC.Credit card BS

Isn't paying off the balances every month AND collecting my rebates
"better" than paying cash? I get about $60 a month and never pay a
finance charge/interest.

Rodney



In a message dated 05/14/09 19:38:41 Central Daylight Time,
judge4re [at] gmail.com writes:
If you can't pay cash for it, you don't need it. Period.

On Thu, May 14, 2009 at 7:29 PM, LtWacko <ltwacko [at] aol.com> wrote:

    Sigh.

Rodney
Paying off CC balances every month and using rewards...
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