dear ff ppl,
i just happened to noticed something odd with cab fares on the credit card statement.
isn't "10%" on top of the fare is what we pay for the privilage of using one's credit card when going by cab? the nominal percentage amount is also shown on their website.
anyhow, i've worked out a deal with a silver service guy and he charges me $75/trip to and from the airport.
thus, i've been expensing $75 X 1.1 = $82.5 back to my company.
now, the credit card statement line shows $83.25 which is $75 X 1.11 or 11%
so should i be raising this nominal difference in the eventual amount with the cab company, cab charge or my bank? or have i calculated wrong somehow?
i just happened to noticed something odd with cab fares on the credit card statement.
isn't "10%" on top of the fare is what we pay for the privilage of using one's credit card when going by cab? the nominal percentage amount is also shown on their website.
anyhow, i've worked out a deal with a silver service guy and he charges me $75/trip to and from the airport.
thus, i've been expensing $75 X 1.1 = $82.5 back to my company.
now, the credit card statement line shows $83.25 which is $75 X 1.11 or 11%
so should i be raising this nominal difference in the eventual amount with the cab company, cab charge or my bank? or have i calculated wrong somehow?