

Note that most of that fee (80%) goes to the issuing bank. The rest is split between network (“the logo on you card”) and the actual payment processor.
Yes, it’s still .15% that visa or mc take but still (also, I think visa was a cooperative at one point held by all the member banks, not sure that still is the case). And CCs are dumb but that’s not the point here :)
(Source: https://www.retailcouncil.org/payment-and-credit-card-fees/)
Congrats :). You can’t go wrong with Rolex, you’re not “dropping money”, you’re “moving it around” (from your bank to your wrist), the great thing about these watches is that you can always move things around the other way again lol. I looked up the current street value of the 1980’s Date I inherited from my dad and if anything, it costs more now than it did then.