Tndeer Logo

Page 1 of 2 12>
Topic Options
#3139228 - 01/25/13 04:18 PM New credit card charges.
dr
10 Point


Registered: 02/24/03
Posts: 4278
Loc: USA

Offline
A new law, reported on Fox. Many stores, and gas stations will start adding 4% to purchases, if you select credit, which gets run through your card company. To avoid the fee, Dave Ramsey said to select debit, and enter your pin #. This will deduct the money straight from your account, like an ATM withdrawal.
_________________________
"Any man who thinks he can be happy and prosperous by letting the government take care of him --- better take a closer look at the American Indian." Henry Ford

Top
#3139238 - 01/25/13 04:26 PM Re: New credit card charges. [Re: dr]
Kimber45 Moderator
Peace Maker
16 Point


Registered: 07/10/08
Posts: 18028
Loc: Close to Jackson, TN

Offline
So when did that start? Using your pin# in some places is not smart
_________________________
Patriotism is not short, frenzied outbursts of emotion, but the tranquil and steady dedication of a lifetime.

Top
#3139264 - 01/25/13 04:45 PM Re: New credit card charges. [Re: Kimber45]
muddyboots
12 Point


Registered: 11/06/02
Posts: 7087
Loc: savannah, tn., usa

content Online
They do it here. The only problem with debit is they decuct more than purchase and then refund the rest a few days later. My bank told me to run debit cards as credit to avoid that but now it is a charge to use a credit card so i guess i will go back to cash.
_________________________
X Force is Bad!
Let em go and let em grow!
There is a difference in a turkey killer and a turkey hunter!

Top
#3139285 - 01/25/13 04:54 PM Re: New credit card charges. [Re: muddyboots]
William
TnDeer Old Timer
8 Point


Registered: 10/25/99
Posts: 1855
Loc: Kingston, TN

Offline
Tennessee needs a law that prohibits credit card surcharges. New York, California, Colorado, Connecticut, Florida, Kansas, Maine, Massachusetts, Oklahoma and Texas already prohibit it.
Top
#3139294 - 01/25/13 04:59 PM Re: New credit card charges. [Re: William]
Mr.Bro
10 Point


Registered: 08/02/09
Posts: 2843
Loc: Hendersonville Tn.

Offline
Most small business already add the surcharge to the price as listed.Just ask for a cash discount price.

I believe Guns and Leather gives discount for cash.3% if i remember correctly.
_________________________
Fight Organized Crime-Reelect No one.

Top
#3139295 - 01/25/13 05:00 PM Re: New credit card charges. [Re: dr]
Vermin93
12 Point


Registered: 12/11/10
Posts: 5751
Loc: Dallas, TX & Signal Mtn, TN

shocked Online
Good information and some advice here:

Credit card checkout fees - Consumer rights and retailer responsibilities
_________________________
“The more I read and the more I listen, the more apparent it is that our society suffers from an alarming degree of public ignorance” - Retired Supreme Court Justice Sandra Day O’Connor

Top
#3139302 - 01/25/13 05:05 PM Re: New credit card charges. [Re: Vermin93]
encore06
16 Point


Registered: 12/08/06
Posts: 10565
Loc: Harrogate, TN

Offline
 Originally Posted By: Vermin93


From the above link:

What are your rights and retailers’ responsibilities?
Checkout fees are only permitted on credit and charge cards, NOT debit cards.
Checkout fees are illegal and, therefore, not allowed in 10 states. The laws of each state would determine whether it would be legal for companies based in other states to charge residents of its state. Residents of these states who encounter retailer checkout fees can report them to the state attorney general. These states include:
_________________________
God Bless, Carl

Jer 29:11 For I know the thoughts that I think toward you, says the Lord, thoughts of peace and not of evil, to give you a future and a hope.

Top
#3139306 - 01/25/13 05:06 PM Re: New credit card charges. [Re: Kimber45]
dr
10 Point


Registered: 02/24/03
Posts: 4278
Loc: USA

Offline
 Originally Posted By: Kimber45
So when did that start? Using your pin# in some places is not smart

I agree with using your pin, might have to go back to cash. It"s been on Fox news today, and was passed recently. The states mentioned in one of the above posts are exempt.
_________________________
"Any man who thinks he can be happy and prosperous by letting the government take care of him --- better take a closer look at the American Indian." Henry Ford

Top
#3139320 - 01/25/13 05:16 PM Re: New credit card charges. [Re: dr]
Vermin93
12 Point


Registered: 12/11/10
Posts: 5751
Loc: Dallas, TX & Signal Mtn, TN

shocked Online
Thanks to competition, I don't think this will have a big impact. There was nothing keeping merchants from raising the price of their products a few percent to cover the fee they have to pay to the credit card networks. Now they can just cover those fees openly if they so choose. The important thing is having competition to keep the total cost of products (product price + sales tax + checkout fees) as low as possible.

Merchants like Buds Gun Shop have offered "cash discounts" for a while now. Same concept.
_________________________
“The more I read and the more I listen, the more apparent it is that our society suffers from an alarming degree of public ignorance” - Retired Supreme Court Justice Sandra Day O’Connor

Top
#3139323 - 01/25/13 05:16 PM Re: New credit card charges. [Re: dr]
Bigg'un4214
10 Point


Registered: 05/10/04
Posts: 2603
Loc: east tn

content Online
My bank is offering cash back on credit card purchases instead of debit card.
_________________________
Tennessee roots over 200 years deep and growing.....

Top
Page 1 of 2 12>


Moderator:  RUGER, Unicam, gtk, Tennessee Todd, Lakeland Charlie, Cuttin Caller, CBU93, stretch, TurkeyBurd, MAN, Bobby G, Kimber45, Crappie Luck 
Hop to:
Top Posters
4105537
RUGER
87025
Deer Assassin
65411
BSK
61038
Crappie Luck
51376
spitndrum
Newest Members
Mik475, AaronB, Bad Wolf, jw3783, Jesse91
13278 Registered Users
Who's Online
101 registered (smalljawbasser, Eric Kilby, Hillbilly Hunter, Hickman Hunter, IRISH HUNTER, DKO77, 10 invisible) and 156 anonymous users online.
Forum Stats
13278 Members
42 Forums
93234 Topics
1088716 Posts

Max Online: 788 @ 11/11/13 08:06 PM
Moon Phase
CURRENT MOON
September
Su M Tu W Th F Sa
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30
Forum Donations
The TnDeer.Com Deer Talk Forum is for Tennessee Deer Hunters by Tennessee Deer Hunters. If you enjoy using our Talk Forum and would like to contribute to help in it's up-keep. Just submit your contribution by clicking on the DONATE button below and paying with PayPal or a major credit card. Any amount is much appreciated. Thanks for your support!

TN Burn Safe

Generated in 0.112 seconds in which 0.001 seconds were spent on a total of 15 queries. Zlib compression enabled.