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credit cards - extra fees

updated mon 4 feb 02

 

Janet Kaiser on sun 3 feb 02


> Also, does anyone out there charge an extra fee with card sales to
cover
> costs of card "gimmee's" to bank?

This used to be a common practice in the UK, but the Consumers'
Council, Trading Standards, Banks and various other statutory bodies
got shirty about it and I do believe it is now against the rules or
"terms of trading", even if it is not against the law. When you think
about it, people who pay by card would be at a disadvantage if asked
to pay more.

We refuse sales of less than 10 on a credit or debit card and on
cheques too at a slow time of year. Each cheque costs 60p to bank, so
that can more or less wipe out any profit. You often see signs in
shops saying cheques under 10 will not be accepted, but strangely I
have not noticed many refusing CC... Then again, shops are making much
more than 30% GROSS profit on sales.

Janet Kaiser

The Chapel of Art / Capel Celfyddyd
Home of The International Potters' Path
8 Marine Crescent : Criccieth : GB-Wales
URL: http://www.the-coa.org.uk
postbox@the-coa.org.uk

Dale Cochoy on sun 3 feb 02


----- Original Message -----
From: "Janet Kaiser"
Subject: Re: Credit Cards - extra fees


This used to be a common practice in the UK, but the Consumers'
Council, Trading Standards, Banks and various other statutory bodies
got shirty about it and I do believe it is now against the rules or
"terms of trading", even if it is not against the law.

Gas stations in the US used to often offer gas cheaper if you paid cash
over credit card ( That's a word spin contest....discount for cash, or
extra charge for credit card!)
I haven't seen that for a while. Not sure if it's still done anywhere. , =
now
that gasoline buying has become a daily changing price thing!

We refuse sales of less than =A310 on a credit or debit card and on
cheques too at a slow time of year.
Janet Kaiser

Actually, I don't think you are supposed to refuse a credit card sale due=
to
minimums either. I THOUGHT I read that somewhere in my literature. I coul=
d
be mistaken though. I'm not sure you can't do about what ever you want wi=
th
charging as long as it's posted to see or people are informed. You SHOULD=
be
able to sell items for the price you want. People always have the choice=
of
cash or check!
Are there "instances" for the penalties we've heard, or are they "Urban
Legends"?