More businesses starting to pass on Credit Card fees to the consumer??

Just had this happen today. Carpet repair guy, I asked if he took check or credit card. Said either was fine but 4% fee if paid by credit card so I paid with a check

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Wait until this happens at a business that doesn't take cash. Burn it down.

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They would just up their price and never tell you about the 4% fee. In fact, this has probably already happened to you and you didn’t know.

The only reason to tell the customer about the fee is if you differentiate your price based on method of payment.

Then if that pisses you off, wait until you hear about the businesses that build the 4% fee into their price without telling anyone. Then you pay cash. And they pocket the 4% fee for no reason.

It’s part of business. Don’t know why you’d get fired up about it. You’re either willing to pay the price they’re charging or not.

I see this as penalizing me for doing business with you. If a business does that I go elsewhere.

CC have always charged a usage fee. If you don't like it raise your prices on everyone.

And for you business owners - if you're charging me 4% extra to use my CC and I put that fee on my CC also, aren't you now just paying a usage fee on a higher amount?

Actually, this guy is offering you a cost savings vs upping his prices. Everyone else increases their prices and keeps the 4% when you pay cash/debit.

Have a roofer coming out Friday who already warned me using a C.C. will be 3% charge so I'll write him a check instead.

I've run into a number of smaller businesses who charge you to use a card, 4% is pretty excessive. I dont know who is getting charged that to run a card.

For my wife's business she charges 3% c.c. fee, very small business with very few customers, never had an issue with is. Fact is if you want to pay by c.c. she has to eat a 3% fee to run it so she passes that on to only people who pay by c.c.

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4% is pretty excessive.

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The 4-5% cc charges has to be because the businesses are getting unfavorable rates from Discover & AmEx and they just round up and charge the same amount across the board. I want to say our Visa/MC is 2.8%, and our AmEx is 3.5%, so we just hit 3% to simplify it. And, through our bank, if we were running ccs as much as many of the retailers/restaurants, our fees could go as low as 1%.

Banks make money loaning out your money to other people, exorbitant credit card rates, questionable lending practices, and many other ways. Nickel and diming their legitimate customers is one of their more reprehensible actions.

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you likely stopped at an ATM. If you get $200 out and pay $3, you paid 1.5% of your money, to spend your money.

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I haven't used an ATM in a while but if I use my bank's ATM, there is no charge. Has that changed?

My ex-optometrist didn't take Amex because Amex charged him an extra 1%. He is no longer my optometrist.

I think this passing on of credit card fees is a good thing for the consumer since it exposes the pettiness of some businesses and thereby making it a screening tool of sorts for businesses to be avoided.

Another thing I wonder is wouldn’t it be worth the convenience to deal with a CC swipe instead of counting paper bills and coins?