The Saving Advice Forums - A classic personal finance community.

Why you shouldn't worry about new credit card fees

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Why you shouldn't worry about new credit card fees

    By now you have heard about the new rules allowing merchants to slap a 4 percent surcharge onto purchases you make using Visa or Mastercard. Well, forget about it.

    It is true that starting Sunday, retailers who accept the two most ubiquitous cards now are allowed to add a surcharge to cover fees they pay to those card companies...But don't expect any nonsuicidal retailer actually to try it.


    By now you have heard about the new rules allowing merchants to slap a 4 percent surcharge onto purchases you make using Visa or Mastercard.

  • #2
    There is also the fact that handling cash has its own costs. Merchants not only risk driving away customers but will increase their costs of handling cash if they start charging for using credit cards.

    Comment

    Working...
    X