Comment on [Update: Valve Responds] Mastercard Denies Pressuring Steam To Censor 'NSFW' Games

• Darkonion@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  This might just be my insomnia talking, but I thought a reasonable idea might be to call and reduce the available credit by however much is comfortable. For me, it would be fairly reasonable to reduce it by 50%. I assume they use some kind of magicians handshake to value their company based on how much potential credit is out there… Maybe it’d do nothing though. Anyone know?

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  • Saleh@feddit.org ⁨3⁩ ⁨weeks⁩ ago

    You guys use them for actual credit? To me it seems that in Europe they are mostly used as a debit card directly charging your account, but compatible with the global payment processing of them.

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    • lmmarsano@lemmynsfw.com ⁨3⁩ ⁨weeks⁩ ago

      I thought credit was the main selling point.

      • Ability to dispute & reverse charges.
      • Flexibility to keep cash in a higher interest account until payment is due.
      • Not having to constantly check enough cash in is your low interest checking account (which you’ll keep low so your cash earns more interest elsewhere & to minimize losses in case of unauthorized debits).

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      • bjoern_tantau@swg-empire.de ⁨3⁩ ⁨weeks⁩ ago

        You have an account that earns interest?

        Last time I saw that was as a child.

        But then again I was able to get a loan for my house at ridiculously low interest, so I’m not complaining too much.

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  • couch1potato@lemmy.dbzer0.com ⁨3⁩ ⁨weeks⁩ ago

    This will do nothing except hurt your own credit score as your credit utilization will be higher

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  • proudblond@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    I am not a financial guru so hopefully someone will correct me if I’m wrong about this, but your credit score is affected positively the more available credit you have. So by voluntarily lowering your available credit, you’re actually hurting yourself way more than the card companies. At least I think that’s how it works, or rather one of many factors.

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  • CIA_chatbot@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    That will also destroy your credit rating

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• ripcord@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  Amex is still reasonably good.

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  • M0oP0o@mander.xyz ⁨3⁩ ⁨weeks⁩ ago

    Amex charges up to 14% of every transaction. If a place takes it, they are almost always ripping you off.

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    • ripcord@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      Amex typically charges between 1.7 and 3.3%.

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      • M0oP0o@mander.xyz ⁨3⁩ ⁨weeks⁩ ago

        As someone who does not take amex they want to charge me between 7% and 14%. Maybe if I did more sales they would not charge as much, but the reason amex is not taken in as many places as mastercard or visa is the 7% to 14%.

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