The biggest problem I currently see

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Vattené
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Re: The biggest problem I currently see

Postby Vattené » Sun May 29, 2016 7:14 pm

I know next to nothing about the particulars (and it probably varies by state), but isn't it illegal for some businesses, like a retail store, to charge fees for using credit cards? I get that it costs money to process the payments, but I don't understand why some places like utility companies and the government are allowed to charge for them. The "convenience fee" for paying my 2015 personal property taxes worked out to be less than 2%, so I was happy to use Discover for that.

My state doesn't charge to e-file, but I did just get my return directly deposited last week. I had to pay in for federal taxes this year, and I mailed a check. It took about a week from mailing for it to clear my bank. I don't recall exactly how long it took to get my refund from last year, but it was a lot longer than a week. Curious how it seems to lake a lot longer to process when they're returning your money to you :rolleyes:
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Tubpbs
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Re: The biggest problem I currently see

Postby Tubpbs » Sun May 29, 2016 7:42 pm

Vattené wrote:I know next to nothing about the particulars (and it probably varies by state), but isn't it illegal for some businesses, like a retail store, to charge fees for using credit cards? I get that it costs money to process the payments, but I don't understand why some places like utility companies and the government are allowed to charge for them. The "convenience fee" for paying my 2015 personal property taxes worked out to be less than 2%, so I was happy to use Discover for that.

My state doesn't charge to e-file, but I did just get my return directly deposited last week. I had to pay in for federal taxes this year, and I mailed a check. It took about a week from mailing for it to clear my bank. I don't recall exactly how long it took to get my refund from last year, but it was a lot longer than a week. Curious how it seems to lake a lot longer to process when they're returning your money to you :rolleyes:


It's definitely illegal in certain states to charge a fee for processing a credit card. I don't know explicitly, but I'm assuming, same as usual, they get to break the rules because they're the assholes that make them. I don't know if calling it a " convenience fee" is what makes the difference or not, but I do know that if a regular business did that, they would have a problem.
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12volt
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Re: The biggest problem I currently see

Postby 12volt » Fri Jun 17, 2016 5:48 pm

Vattené wrote:I know next to nothing about the particulars (and it probably varies by state), but isn't it illegal for some businesses, like a retail store, to charge fees for using credit cards? I get that it costs money to process the payments, but I don't understand why some places like utility companies and the government are allowed to charge for them.


That's what I thought as well! AM/PM(ARCO) gas is a huge company and they don't accept credit cards and charge a 45 cent fee for Debit card transactions. I would think if it's illegal they wouldn't be practicing in that manner? But then again, whose really going to take the time to call them out on it?

Either way, they've lost thousands upon thousands of dollars I would have spent on gas/coffee/snacks etc over the 10 years I've been living in my current home.

TXviking
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Re: The biggest problem I currently see

Postby TXviking » Sat Jun 18, 2016 9:56 am

Used to be illegal. Those restrictions got eased somewhere around 2008-2009 among other credit card reforms, I believe, although I'm fuzzy on the details.

Nixon
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Re: The biggest problem I currently see

Postby Nixon » Sat Jun 18, 2016 4:07 pm

12volt wrote:
Vattené wrote:I know next to nothing about the particulars (and it probably varies by state), but isn't it illegal for some businesses, like a retail store, to charge fees for using credit cards? I get that it costs money to process the payments, but I don't understand why some places like utility companies and the government are allowed to charge for them.


That's what I thought as well! AM/PM(ARCO) gas is a huge company and they don't accept credit cards and charge a 45 cent fee for Debit card transactions. I would think if it's illegal they wouldn't be practicing in that manner? But then again, whose really going to take the time to call them out on it?

Either way, they've lost thousands upon thousands of dollars I would have spent on gas/coffee/snacks etc over the 10 years I've been living in my current home.


ARCO, AM/PM took CC in AZ last time I was out there.
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12volt
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Re: The biggest problem I currently see

Postby 12volt » Sat Jun 18, 2016 6:16 pm

Nixon wrote:
12volt wrote:
Vattené wrote:I know next to nothing about the particulars (and it probably varies by state), but isn't it illegal for some businesses, like a retail store, to charge fees for using credit cards? I get that it costs money to process the payments, but I don't understand why some places like utility companies and the government are allowed to charge for them.


That's what I thought as well! AM/PM(ARCO) gas is a huge company and they don't accept credit cards and charge a 45 cent fee for Debit card transactions. I would think if it's illegal they wouldn't be practicing in that manner? But then again, whose really going to take the time to call them out on it?

Either way, they've lost thousands upon thousands of dollars I would have spent on gas/coffee/snacks etc over the 10 years I've been living in my current home.


ARCO, AM/PM took CC in AZ last time I was out there.


Yeah the one next to my home does not and has never taken CC. Plus they've always had a 45 cent fee on debit cards (I never use debit cards).

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CarefulBuilder14
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Re: The biggest problem I currently see

Postby CarefulBuilder14 » Sat Jun 18, 2016 6:42 pm

A Holiday Inn in NC charged me for using Discover... I vaguely remember something like a 1% or 2% fee. Obviously, this was before I got into travel cards.

I have to wonder if they'd have also charged me for using their own cobranded MC. How does a major hotel chain expect people to reserve and pay for rooms?
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charged
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Re: The biggest problem I currently see

Postby charged » Sun Jun 26, 2016 7:37 pm

Maybe it varies by area because where I am almost every place accepts it. The only places that I didn't see it listed on the door are these small take out places and restaurants. So this didn't discourage me from getting an Amex, but I have cash and a Visa as well. I really only use Amex at the grocery store anyway since the card I got gives me decent rewards there but only 1% everywhere else which the quicksilver beats.

augiedog
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Re: The biggest problem I currently see

Postby augiedog » Sun Jun 26, 2016 10:52 pm

CarefulBuilder14 wrote:A Holiday Inn in NC charged me for using Discover... I vaguely remember something like a 1% or 2% fee. Obviously, this was before I got into travel cards.

I have to wonder if they'd have also charged me for using their own cobranded MC. How does a major hotel chain expect people to reserve and pay for rooms?


This is something they can't do - charge a fee for using Discover over the other three. They may only offer a discount when using store cards. All four do not like this practice, but it seems Discover and Amex both discourage this practice and consider pulling their network from that chain and/or reversing the charge more than VISA and MasterCard do (and also it being harder to reach out to these networks when you have to call a bank that uses VISA/MC rather than the bank/network model Amex/Discover use).
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