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#1
May 31st 06, 08:43 PM
posted to rec.aviation.piloting
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Self Serve Fuel Warning
Not at all. The difference between paying out .25 percent and charging
5% is 4.75. The different between not paying out .25 percent and charging 5% is ... 5%, a difference of only .25%, nothing to get rich on. Flawed logic. The difference between NOT reaping (raping?) the float on preauthorizations, and *having* it, is 4.75%. (Or more.) Not a bad return on money that doesn't belong to them in the first place. Remember, when a purchase is preauth'd on a debit card, YOU don't have the money (as the customer), nor do I (as the business). That money is in "limbo" -- where only the bank can use it to their heart's content. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" 
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