Tag Archives: fees

The Egregious Convenience (Fees)

Today I bought a ticket for the Band of Horses concert in Baltimore. As you can see at this link the tickets are going for $25. But by the end of the transaction, I was paying $33.50 thanks to $2.50 in taxes and $6 in fees. $2 of that fee was assessed when I chose to print the ticket on my own computer! So I ended up paying a fee that amounted to 24% of my purchase, which is more than fees for a $25 ATM withdrawal, short-term loan, or wire transfer. The only scam worse is those pesky overdraft fees (which can run $35 a pop even if you only go over by 1 penny)!

PayPal Personal vs. PayPal Premium

I recently decided to sign up for an online money transfer service because I am serving as the treasurer for a project I’m working on and wanted to offer people a convenient method for making payments.  So it seemed logical for me to sign up  for PayPal, the ubiquitous online money transfer service that seems [...]