Stores Allowed to Add Credit Card Surcharges??

Yesterday, I heard about a change with Credit Cards on the radio.   As of now, stores can charge a 4% Surcharge if you pay with a VISA or MASTERCARD while checking out. 

Stores like Walmart and Target have stated that they will not be adding on that surcharge to your total.  However, you should be watching for it.  And pay close attention to your receipts!

California, Colorado, Connecticut, Florida, Kansas, Maine, Massachusetts, New York, Oklahoma and Texas are the only states that are safe from the Credit Card Surcharge that just started.  So if you live in one of those states, consider yourself lucky!

The tricky thing about this new surcharge is that online merchants only have to mention it ONCE somewhere when you first see their CC offer.  Then, it doesn’t have to be mentioned again.  So you will more than likely miss any information about there being a charge.

For more details, you can read about it here on CNBC.  But just wanted to give you all a heads up.  This surcharge won’t apply to Debit Charges… only CC charges.

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