Most Canadians Would Stop Using Credit Cards at Businesses That Charge Additional Fees: Survey

Started by Epoch-Times-Bot, Dec 07, 2022, 11:57 AM

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Epoch-Times-Bot

Dec 07, 2022, 11:57 AM
Most Canadians Would Stop Using Credit Cards at Businesses That Charge Additional Fees: Survey

Amid rising prices on everything from home heating and gas to food and other necessities, a new survey suggests most Canadians would stop using credit cards at businesses that charge an additional processing fee.
The non-profit Angus Reid Institute asked 2,774 credit card holders if a new credit card surcharge of 1.5 percent would change their buying habits. Of those polled, only one in 10 Canadians said they would continue using credit cards at businesses that charged the additional fee.
Fifty-nine percent, three in five people, said they would use cash or debit instead of a credit card, while 28 percent said they would shop elsewhere....

Source: Most Canadians Would Stop Using Credit Cards at Businesses That Charge Additional Fees: Survey

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