This is an interesting development… IKEA is offering a 3% discount (in the form of a voucher at the bottom of your receipt) if you pay with your debit card. Apparently they’ve been doing this for awhile, though I didn’t notice it until just recently. This is presumably their way of keeping a lid on credit card processing fees.
Of course, this is only a good deal if your savings are greater than the rewards that you would’ve earned by using your credit card. On top of that, you have to factor in the likelihood that you will lose or forget about the voucher before using it.
Here’s the scoop straight from IKEA:
Get 3% back on debit card purchases! When you pay with your Debit card, you can receive a discount voucher for 3% off future debit card purchases.
It doesn’t specify, but I’m guessing that it has to be a PIN-based transaction, because otherwise it will still use the Visa or MasterCard processing network.