Originally Posted by Sixer
MasterCard does not charge anything provided the statement is paid out in full within 14 days of the statement date.

They don't charge the card holder but the retailer pays a 2%-5% charge of each sale they charge to the a credit card. If you charge $100 to a MC the retailer only gets back $98.

Last edited by jdevlin; 05/21/08 07:03 PM. Reason: spelling