Have any body ever have to pay a 3% hike when paying with a CC?. That happend to me today when I bought a new bar for my chainsaw,it was not a small shop it was a good size small engine power sport shop.

Yep, more and more common with the extra fees associated with credit cards. All those "bonus" programs have to be paid from somewhere.

I pay cash as much as I can.

Yep, got hit with 8% charge when I used the CC to pay for registration and tags for the truck.

I run a small business and my CC processor charges me 3.4% for any CC transactions. So if I don't charge the customer that 3.4% it comes out of my end of the payment and I lose money and that would be several thousand per year.

Mike

yup

CC companies make their money some of it by charging the retailer 3% so many retailers have turned that to the customer.

definitely getting more common

lots of gas stations has a cash price and a credit price

lots of small retailers are now cash or 3% up charge

but when you get to the bigger cities they are cashless in many places , you can only use a card so there is nothing for them to get held up for

been to a few coffee places you pay an extra dollar for CC or debt card no matter the bill

this is why some places have a minimum purchase to use a CC but some CC terminal contracts won't let them set a minimum so then they change to a dollar fee or 3%

^^^^ Yup,this.My mechanic started charging for credit card payments this year.Said he ate it for as long as he could,,but when he ate almost $ 10,000 last year he said that's it.I pay with cash so I don't get wacked.

I never did take credit cards for payment and when asked by a customer why not, I flat told them I'd have to charge more.

Every single one understood and a good amount of them didn't know there was a charge to the business.

Always ask the OWNER how much if I pay cash? Cash is king!

a few places I go the price is the price if cash , if not cash you pay 5%

the WI sales tax is 5% he has it built in to the price to cover the CC machine if cash you can just pay the price

Just ordered 4 new aftermarket wheels for my older Chevy Silverado a few days ago. When asked about payment the dealer said it would be 4% more to pay with a CC. I said I would run down and pay in cash. We are going to start with our Wildlife Control business since we are charged 3.9% on the amount of the sale and a per ticket fee.

Ditto

This never happend to me where I live I just drove to a different town .

It does rub me the wrong way when businesses tell me there will be a 3% up charge on cards and I know they are losing some business by doing that. For the life of me I can’t figure out why they don’t spin it as a 3% discount if paying cash.

My credit cards often give me more back then they are charging the places I shop. I can understand how my Amazon card can give me 6% back when shopping at Amazon and still be profitable. Discover giving me 5% back at all gas stations, restaurants and grocery stores, makes less sense.

Keith

Do you still pay an extra fee when using a debit card?

We have a restaurant that charges two different prices when it's cash or CC.

Very common here our favorite restaurants add 4 percent but will take my personal check and I save the 4 can’t blame them

It's the bankers greed to charge that %.

You don't t think the banks incur any expenses in providing the electronic networks, the machines that read cards, the computers that keep track of millions of transactions a day, the IT people that keep the systems running and available 24/7/365 and the legions of accountants who keep track of everything ?

It's just greed ?

The banks got a bail out in the Obama Administration. And I'm not a friend of greedy bankers.