Credit Card Companies Making Profits Off Haiti

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Posted on : 14-01-2010 | By : cara | In : In The News

The Huffington Post reported that the credit card companies are taking 3 percent of everything donated to Haiti.

I’m sure that anyone who wants to help, wants to help Haiti, not the credit card companies.

According to the Huffington Post, “Thanks to this hidden fee, American banks and credit card companies are making huge profits — somewhere in the neighborhood of $250 million a year — off of people’s charitable donations.”

They do mention that Capital One waives these fees.

Read the entire article.

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