Retailers, Consumers Take Swipe At Credit Card Surcharge

English: Old Visa logo.

English: Old Visa logo. (Photo credit: Wikipedia)

Charles Griesemer says there’s no way he would pay a fee to use his credit card at the gas pumps or in checkout lines, calling such a surcharge unfair.

“That would be ripping off the working man,” the Oley Township man said recently while gassing up his pickup truck. “I’d rather go to the bank and get cash.”

For those like Griesemer, who would balk at credit card fees, there is good and bad news.

The bad news is that credit card surcharges of up to 4 percent are now allowed on retail purchases in 40 states, thanks to a settlement retailers reached in July with MasterCard and Visa.

Read more:   http://readingeagle.com/article.aspx?id=453496

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