🚀 go-pugleaf

"Bruce" <nunya@damn.business.com> wrote in message
news:3d9f01b1.1952327@news.houston.sbcglobal.net...
> In houston.eats
> "SlinkyToy" <slinky@nospam.unixdork.org> wrote:
>
> >Well, interesting.  Albertsons, HEB, Walmart and a host of other places
> >accept my ATM/Visa, give me cash back, and don't charge me an extra fee.
> >Even tho they're "acting as an ATM".  The cash I get back at the register
> >certainly isn't a "cash advance" as I'm using my debit card, and the
> >transaction as a whole isn't a "credit transaction", its a debit.
>
> I do the same thing.  I'll run into a Walgreens and buy a pack of gum or a
> bottle of water and get cash back.  Compared to an ATM, it is like getting
> the drink for free.
>
Why anybody would pay a "fee" to get your own money is beyond me. Look at it
this way, in YOUR account you have this CASH sitting there. It is yours, not
the banks, they are "holding" it for you. You use a "card" to retrieve it,
let's say 20.00 cash. The "bank" charges you 2.00 to get it. You just paid
10% interest to the "bank" to get money that is already yours for a
transaction that took 30 seconds. Multiply that by (you pick a number of
transactions) the number it happens every day. No wonder the banks are
rolling in dough. You didn't "borrow" it as in a loan to be paid back. What
a racket. I'm in the wrong business. I wonder if a case for larceny could be
made here?
M