Friday, January 15, 2010

Credit Card Companies and Haitian Relief

Huffington Post reports that Credit Card donation for Haitian Earthquake Relief and in fact all credit card donations are subject to transaction fees.  According to the report, our banks and credit card companies are skimming 3% plus the transactions fees to the tune of a quarter billion a year.  Nice. 

There is one exceptions, Capital One waives all fees. 

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