Mr. youngandthrifty kindly bought me a scratch and win lottery ticket a few months back. It was one of those expensive $20 scratch and win tickets that has a 1/3 chance of winning (I didn’t win by the way).
He paid for it with his credit card at one of the British Columbia Lottery Corporation booths. He paid for it with the credit card so in hopes of accumulating more travel reward points with the now defunct MBNA Starwood Preferred Guest Mastercard. You can get the same scratch-and-win tickets at a gas station, convenience store, etc.
He was diligently reading his online statement (I trained him well) to make sure there weren’t any weird charges on his card, when he saw this:
CASH EQUIVALENT TRANSACTION FEE:……………………………………………………………………….$7.50
He ended up calling the credit card company to inquire about this charge.
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