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Old 05-15-2008, 07:36 AM
mr priceless mr priceless is offline
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Quote:
Originally Posted by sweeps View Post
If your bank owns the ATM, they wouldn't pay any fees, but they do have the ongoing cost of operating and maintaining the ATM.

Paying cash helps the business you're shopping at, but you also give up rewards, purchase protection, and a short grace period to pay by not paying with credit card.
I use a debit card for most transactions, so none of these benefits apply to me. Too add, as mentioned in the article, is that station owners may pass the cost on the consumer even if it's at the risk of losing the competitive edge of doing business. That cancels out the incentives.
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