I can switch back to cash, not an issue.
My current credit card is a cash back type.
While I can see the retailers viewpoint in this; I wonder if they have considered the increased cost of going back to mostly cash?
More trips to the bank- that'll be expensive-especially with the price of fuel
More cash in the store can lead to more robberies, or employees dipping into the till.
While the interest rates are low, not having an instant transaction, could cost loss of income.
Instant transactions can make your company's bottom line look better immediately, compared to doing a deposit once a week.
I'm waiting to see just what charge Telus is going to put on my account, to see if I'll just start paying at the credit union.
If it is more than my cashback, then off to the bank I go.