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Every payment option has a fee (thelemmy.club)
submitted 1 week ago by to c/mildlyinfuriating@lemmy.world
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[–] 92 points 1 week ago (5 children)

I would send a check, its more work for them in the end.

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  • [–] 46 points 1 week ago (3 children)

    I wouldn't be surprised if they don't accept checks.

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  • [–] 22 points 1 week ago (4 children)

    Sadly nor would I but they may have to take them by gov regulation as this would be insane that you had to pay a fee to pay a fee. It counter intuitive from a normal mindset, not the mindset of a gouging insurance company. Make perfect sense to those idiot, lol

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  • [–] 6 points 1 week ago

    Read the image. They charge a higher premium if you don't use their auto pay.

    The only way I can see around it is if you make annual payments instead of monthly. Fewer payments, less fees.

    If we're feeling petty, though, we can accept the higher premium, and send them weekly (or even daily) check payments instead of monthly. Let them process 30 transactions per month instead of just one.

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  • [–] 15 points 1 week ago (2 children)

    Best part is all these payment methods, including checks incur the same processing fees since 2006 with the Check21 regulations.

    This made all transactions - debit card, check, transfer, function the same way through the same processing.

    So a check genuinely costs them more - from not charging thebfee, to requiring at least some manual oversight.

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  • [–] 1 point 6 days ago (1 child)

    Is that true in the US? Where I come from, card payments have a fee that the merchant has to pay, but bank transfers are free and instant.

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  • [–] 1 point 6 days ago*

    Yup! The bakery where I buy my coffee on occasion has their menus listed with two prices.. The card prices are 4% higher. So an item that is priced at 7 bucks cash is listed as $7.28 for card.

    Makes me so glad that I have never signed up for a card.

    Over 60 with NO credit rating.. delightful.

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  • [–] 11 points 1 week ago (2 children)

    It's exactly what my father does for places. He can't stand these fees and if whatever service he is paying has them then a check will be sent. He says it's what hes uses to anyway since that is how he had done it most of his life.

    I love that mentaility and wish I could do the same, but sadly I just want it to be known its paid right away and also since i live paycheck to paycheck waiting weeks on end for random checks to be cashed will be impossible for me to not accidentally use some of that money elsewhere.

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  • [–] 5 points 1 week ago (1 child)

    Lots of banks will send a check on your behalf. It withdraws the money that day so you can predict it rather than when the business cashes it. And you have proof the money was sent and your bank/credit Union has a stake in the fight if the business gets shay about it.

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