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Started By
Message
re: Restaurants charging a credit card fee. Is this new?
Posted on 7/18/19 at 1:38 pm to NewIberiaHaircut
Posted on 7/18/19 at 1:38 pm to NewIberiaHaircut
quote:
Does Edward Jones reimburse for meals or does that have to come out of your pocket? I'm curious
I don't know I have my investments with reputable shops.
0
Posted on 7/18/19 at 1:39 pm to LSUFanHouston
quote:
Next time I pay in cash, I'm going to demand a 2.75% discount. What do you think they will tell me?
You're too smart to keep making these stupid arguments.
Posted on 7/18/19 at 1:40 pm to dbeck
quote:
It's literally the exact same thing.
Yeah but it makes stupid people feel better about it.
Posted on 7/18/19 at 1:40 pm to go ta hell ole miss
They are not violating their agreement. A federal law was passed a few years ago that changed the rules of processing fees. It is now perfectly legal and acceptable to pass fees on to the consumer.
Posted on 7/18/19 at 1:41 pm to NewIberiaHaircut
If you pay cash, always ask for a complete receipt of the transaction. Lots of smaller places have no qualms of cancelling a cash transaction so it stays off the books and out of the tax man’s sight.
Posted on 7/18/19 at 1:41 pm to NewIberiaHaircut
quote:
we have a ATM right over there
Which probably charges a $3 withdrawal fee.
Just like a few years ago at Jones Creek Cafe in BR
This post was edited on 7/18/19 at 1:44 pm
Posted on 7/18/19 at 1:45 pm to Mike da Tigah
quote:
You do realize this isn’t always the case,
That's the fault of the business owner for not doing his due diligence, not the fault of the customer.
quote:
and whether it’s a percentage or a flat fee, it still has to come off their bottom line and is a cost of doing business regardless of what it is?
Sure, that's exactly it. It's a cost of doing business.
If my wife (no pics) goes to the bathroom while there, she uses toilet paper in their bathroom. Toilet paper is a cost of doing business. If she doesn't use the restroom, can I ask for a reduction in my bill?
If I sit outside on the patio (at a place that has one) then I don't get any benefit from the a/c inside the building. Running the a/c is a cost of business. Do I get a discount for that?
What if I ask for no ice in my drink? Running an ice machine is a cost of business. Can I ask for my savings?
Posted on 7/18/19 at 1:46 pm to NewIberiaHaircut
VISA Surcharging FAQ PDF
Mastercard Surcharging page
Standard rules tend to be that the surcharge cannot exceed 4%. Some quick googling also leads me to believe that the maximum "minimum for credit card purchases" is $10; over that is a breach of federal law.
Finally, it appears that debit cards CANNOT be surcharged.
Mastercard Surcharging page
Standard rules tend to be that the surcharge cannot exceed 4%. Some quick googling also leads me to believe that the maximum "minimum for credit card purchases" is $10; over that is a breach of federal law.
Finally, it appears that debit cards CANNOT be surcharged.
Posted on 7/18/19 at 1:48 pm to Mingo Was His NameO
quote:
You're too smart to keep making these stupid arguments.
I'm exaggerating for effect, but if there is "no difference" between charging a fee for use or a discount for non-use, than I think my argument is extremely valid.
If your argument is that a company incurs additional expense when a customer uses a card, and you are ok with that expense being passed along to the customer as an additional fee, then you should also be ok with a customer asking for a discount if they don't use a card, and the company normally just "builds the fee" into their prices.
Posted on 7/18/19 at 1:49 pm to NewIberiaHaircut
I disagree with adding a specific charge for this. I'd rather a business just raise prices. Credit card feeds are a substantial cost though
Posted on 7/18/19 at 1:50 pm to Cosmo
quote:
Just raise the price of everything by 3% to make up for it
Hmm this seems like a convenient way to also get rid of tips all together...
Posted on 7/18/19 at 1:51 pm to LSUFanHouston
quote:
I'm exaggerating for effect
Clearly
quote:
if there is "no difference" between charging a fee for use or a discount for non-use, than I think my argument is extremely valid.
Not really because every example you've used is retarded, exaggerated, and nonsensical
quote:
If your argument is that a company incurs additional expense when a customer uses a card, and you are ok with that expense being passed along to the customer as an additional fee, then you should also be ok with a customer asking for a discount if they don't use a card, and the company normally just "builds the fee" into their prices.
This happens all the time
Posted on 7/18/19 at 1:56 pm to teke184
All the courthouses in Alabama have an added fee for using a CC.
Posted on 7/18/19 at 1:56 pm to Mingo Was His NameO
quote:
This happens all the time
Are you saying that "all the time" businesses, especially restaurants, discount for cash?
I don't see that. Maybe I am missing something. I might start paying more with cash and less with card, and start asking more questions, and see what happens.
Posted on 7/18/19 at 1:58 pm to LSUFanHouston
quote:
Are you saying that "all the time" businesses, especially restaurants, discount for cash?
That's not what you said
Posted on 7/18/19 at 2:00 pm to LSUFanHouston
quote:
If your argument is that a company incurs additional expense when a customer uses a card, and you are ok with that expense being passed along to the customer
This is already built into the cost of everything you purchase.
Lowering the price and charging a fee for using a card is the exact same net cost as giving a discount for paying with cash.
Posted on 7/18/19 at 2:00 pm to Mingo Was His NameO
quote:
That's not what you said
Here's what I said.
quote:
If your argument is that a company incurs additional expense when a customer uses a card, and you are ok with that expense being passed along to the customer as an additional fee, then you should also be ok with a customer asking for a discount if they don't use a card, and the company normally just "builds the fee" into their prices.
So, I'll ask you again...
quote:
Are you saying that "all the time" businesses, especially restaurants, discount for cash?
Posted on 7/18/19 at 2:01 pm to LSUFanHouston
quote:
Are you saying that "all the time" businesses, especially restaurants, discount for cash?
Yes
Posted on 7/18/19 at 2:02 pm to PrivatePublic
quote:do you think they were upfront and told him he'd be paying a CC fee when he walked in?
It's not new.
Let the free market do its thing.
Posted on 7/18/19 at 2:06 pm to Mingo Was His NameO
quote:
Yes
So you are saying non-restaurant businesses are more likely to discount than restaurant businesses are?
If so, why do you think that is that way?
(BTW, I think that is correct, but I'm curious if your reasining is the same as mine)
This post was edited on 7/18/19 at 2:07 pm
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