The merchant agreements that they have with the credit card companies generally prohibit them from charging extra for the use of the credit card. However, some places offer a "discount" for cash, which works out to essentially the same thing, and while it's becoming less common than it was a few years ago, some merchants do charge a "transaction fee" for using a debit card (they are required to notify you of this; the notification generally takes the form of a sign or sticker on the unit you swipe your card through).
You are not usually charged a fee for using your credit card. HOWEVER - the fees charged to the retailer by the credit card company, will covertly be passed on to all customers by charging more for their products !
Yes; the credit card companies charge the merchants in order to receive payments from them. In some cases (usually at small businesses or ones that do not do a lot of business monthly) the merchants can charge a small fee associated with using the credit card, or set a minimum amount to avoid the fee i.e. any purchase under $5 gets charged a fee, anything above that amount doesn't.
Yes .
The annual fee of a credit card is a charge applied once yearly. This charge is the cost of having the credit card. There are many credit cards available that do not charge a fee. The credit cards that do charge a fee often offer rewards, like travel.
Merchants can now apply fees to credit card transactions and recover some of their own processing costs, VISA and MasterCard recently changed the basic merchant fees regulations and allowed the merchant to apply such fees:
No.
You are not usually charged a fee for using your credit card. HOWEVER - the fees charged to the retailer by the credit card company, will covertly be passed on to all customers by charging more for their products !
Yes; the credit card companies charge the merchants in order to receive payments from them. In some cases (usually at small businesses or ones that do not do a lot of business monthly) the merchants can charge a small fee associated with using the credit card, or set a minimum amount to avoid the fee i.e. any purchase under $5 gets charged a fee, anything above that amount doesn't.
Always request credit their is no disadvantage to it and it saves the fee
no
nope
Highly Illegal
Yes .
The annual fee of a credit card is a charge applied once yearly. This charge is the cost of having the credit card. There are many credit cards available that do not charge a fee. The credit cards that do charge a fee often offer rewards, like travel.
No, but it is legal to steal whatever you want.
credit limit fee
Merchants can now apply fees to credit card transactions and recover some of their own processing costs, VISA and MasterCard recently changed the basic merchant fees regulations and allowed the merchant to apply such fees: