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Wireless carriers are messing with your autopay discount
(www.theverge.com)
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this post was submitted on 02 Sep 2023
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This is the best summary I could come up with:
As reported by The Wall Street Journal, the latest maneuver is requiring customers — current and new — to switch to a debit card or bank account withdrawal in order to receive the autopay discount on their plan.
Verizon has included this requirement on plans for years, but in the past few months, AT&T and T-Mobile have quietly followed suit to cut back on how much they pay for credit card processing.
The new rule goes into effect for AT&T customers on October 2nd, and as a gesture of goodwill, the company will only reduce your discount if you continue to pay with a credit card.
AT&T and T-Mobile aren’t just making this a requirement for new customers — the change is being applied to all postpaid accounts.
Credit cards charge businesses high processing fees, and those rates have been rising.
But even with the new rules in effect, carriers continue to advertise their plan pricing with the autopay discount factored in.
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