- Joined
- Oct 13, 2013
- Posts
- 16,331
Buying a new Golf.
Negotiated a 0.5% Visa fee from 1%. We had already maxed out negotiating positions with regard to price. I usually then move in with requests for free accessories such as full tank of fuel, carpet mats, free first service etc. This is the first time I tried the CC fee.
The Reserve Bank says the CC fee should be on a cost recovery basis only but you never know whether there is a bit of profit in it especially at car dealers. Usually for car servicing they are happy to accept Amex and other cards without charging a CC fee) so their merchant fee might be lower than published
They could/would not budge on Amex which was 2.25%
Negotiated a 0.5% Visa fee from 1%. We had already maxed out negotiating positions with regard to price. I usually then move in with requests for free accessories such as full tank of fuel, carpet mats, free first service etc. This is the first time I tried the CC fee.
The Reserve Bank says the CC fee should be on a cost recovery basis only but you never know whether there is a bit of profit in it especially at car dealers. Usually for car servicing they are happy to accept Amex and other cards without charging a CC fee) so their merchant fee might be lower than published
They could/would not budge on Amex which was 2.25%