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Credit Card Fees

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Tuesday, January 29, 2013

Additional Credit Card Fee Begins in New Jersey

Consumers who use credit cards to pay for purchases may be subject to an additional 4 percent retailer fee under new plan.

New Jersey residents using credit cards to pay for purchases may be digging a bit deeper into their wallets beginning Sunday, according to a report on CBSlocal.com. The report says retailers may start adding an additional fee of up to 4 percent if a credit card is used to pay for a purchase. WINS’ Glenn Schuck reported reaction to the new fee was swift and angry.  What's your opinion? Let us know your thoughts in our comment stream.

Joanne

9:34 am on Sunday, February 3, 2013

The cost of using credit cards has already been incorporated into the price structure, much as the cost of rent has been incorporated. Just appending a fee onto existing prices, is simply raising prices. I am, however, greatly in favor of prices being re-set so that there may be a lower cash price. Then, consumers may have the option of paying cash to avoid what are now outrageous credit card …   more ›

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