UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: JLC Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 756872  
Subject: A New Tax? Date: 1/25/2013 10:04 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
No not really, but it might as well be. Stores can now add up to 4% of the purchase price to make up for their cost of allowing you to use a credit card.

This is so disingenious, they already have that priced into the cost of the product, so in effect, you're will now be paying for the swipe fee twice.

Supposedly stores are supposed to tell you and its supposed to show up as a separate charge on the bill. Ironically, they won't do it for debit cards or prepaid credit cards which don't have the fraud protection.

Some big stores have said they won't do this, we will see.

JLC

http://www.dailyfinance.com/2013/01/24/new-credit-card-check...
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement