451–460 of 778 posts
I got all excited and then realized that almost none of the new services that were announced will offer me anything as a European. Apple Card most likely won't be coming to Europe any time soon. The streaming service is also not likely to come to Europe as it includes US-only services such as Hulu and Amazon Prime. I am aware that this is a bit of a 1st world problem, but all of these services being US-only can be re…
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Sounds a bit like Nuremberg defense, don't you think? "The System ordered us to rob people."
You’re missing the point. To think that any business would ever act against it’s own self interest within the bounds of this system is naive at best. We’d all love if that weren’t the case, but discussing fantasy worlds does nobody any good. Rather than a reactionary emotional response to “bad men are bad”, what alternative do you propose to firms like Goldman? I’m not defending them, it’s simply a law of nature that…
I am going to state my unpopular opinion once again on HN, but so be it: SCREW GOLDMAN SACHS. So - with that said, without getting mad at me, look at the long history of shenanigans that GS is responsible. Lets start first with the Wolf of Wall Street (the movie) -- if you're not familiar, GS helped the PM of Malaysia rob the country of ~4 billion in profits, from which one of the Playboy-money-guys from Malaysia, st…
> Their CC will hold an egregious APR % and draconian penalties for people who fail... "Lower interest rates" "No penalty interest rates" https://photos.reportinglive.com/p/2019-03-25/f1553535277.jp...
> Late or missed payments will result in additional interest accumulating toward your balance.
From the footnotes in the apple card announcement page.
I got all excited and then realized that almost none of the new services that were announced will offer me anything as a European. Apple Card most likely won't be coming to Europe any time soon. The streaming service is also not likely to come to Europe as it includes US-only services such as Hulu and Amazon Prime. I am aware that this is a bit of a 1st world problem, but all of these services being US-only can be re…
I get Amazon Prime Video in Holland.
Thanks for the tip!
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Payment platforms, including Visa and Mastercard, have deplatformed merchants, are currently deplatforming merchants, and will continue to deplatform merchants, for all sorts of reasons, since day 1. This sort of deplatforming happens for moral reasons (adult content), discriminatory reasons (Suppression of gay activist movements in the 90s), political reasons (Suppression of IRA/ISIS symathisers), legal reasons (Enf…
We get up in arms about it because we think that it's unethical in all but the last case. Society as a whole should be publicly deciding which personal transactions are forbidden, not the payment processing platform.
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You’re missing the point. To think that any business would ever act against it’s own self interest within the bounds of this system is naive at best. We’d all love if that weren’t the case, but discussing fantasy worlds does nobody any good. Rather than a reactionary emotional response to “bad men are bad”, what alternative do you propose to firms like Goldman? I’m not defending them, it’s simply a law of nature that…
So... you're saying this is why we need to regulate bad actors like GS into the ground? Because it's inconceivable they'd ever police themselves because there are no market incentives that actually reward good actors?
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What specific Amex card gives the 3% on computer purchases?
Sounds like the SimplyCash® Plus Business Credit Card lets you pick a 3% category. https://www.americanexpress.com/us/credit-cards/benefits/det...
It seems to me that Apple can offer reduced fees due to the fact that they'll have less fraud as a result of requiring touch/face ID for every purchase. While interesting, it doesn't come close to solving what I feel is the largest problem with cards in the US today -- interchange fees.
This really isn’t why. Fraud cost is negligible. Apple literally gets a cut out of every NFC transaction. So they get to double dip here.
One of the reasons for having a Credit Card for me is the protection from shady merchants, fraudulent transactions and the assurance of getting my money back if there is a major issue with product/service. AMEX once refunded me $1800 for speakers that were damaged in shipping with some documentation, photos and details about the issue. Now, customer service varies from bank to bank but AMEX has always had the best cu…