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Credit Card Fees

Sunday, January 27, 2013

Additional Credit Card Fee Begins in New Jersey

Consumers who use credit cards to pay for purchases may be subject to an additional 4 percent retailer fee under new plan.

[UPDATED: Monday, Jan. 28, 11:10 a.m.] New Jersey residents using credit cards to pay for purchases may be digging a bit deeper into their wallets beginning Sunday, according to a report on CBSlocal.com. The report says retailers may start adding an additional fee of up to 4 percent if a credit card is used to pay for a purchase. WINS’ Glenn Schuck reported reaction to the new fee was swift and angry.  According to a report from 7online.com, stores must prominently display signs saying they are charging customers for using a credit card. Debit cards are not affected by these new measures. ABC News is also reporting retailers WalMart and Home Depot have announced they will not take part in charging the additional fees. What's your opinion? …

badbul

7:26 pm on Wednesday, February 6, 2013

When I find a store that charges a 4% credit card fee I will make sure I load my shopping basket to the rim with items until things are falling out of the cart. I will then bring all my items to the cash register and get rung-up. After getting my total I'll get my credit card out and play dumb about the 4% fee and then tell the cashier that I would no longer like to purchase the items because of …   more ›

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