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Showing posts with label E Z Pass. Show all posts
Showing posts with label E Z Pass. Show all posts

Friday, April 11, 2014

E-Z Money

I was an early adopter of E-Z Pass. I must have been using it for twenty years. I was sold on this service with the promise that I would save both time and money. We were promised discounts of 10 percent or more. The promise of time saved has worked out. The money aspect, not so much.
The discount is long gone. Theoretically, time is the only thing saved. To be fair,it is.
E-Z Pass takes money from your credit card, in advance. The last amount they took was $135. But when my credit card was stolen, I had to get a new number, and E Z Pass had no way of knowing that, so they simply stopped accepting my transponder, without explanation.
So I racked up $36 in toll payments due and $98 in "administrative fees." Nice little profit point there.
Another government racket. like red light cameras and speed traps; Take money from the customer's credit card in advance, money which the customer could theoretically invest, then charge him punitive fines without notifying him in advance. Government is in the three card monte business.