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I don't know whether the merchant agreement allows explicitly charging a fee for using a credit card or not, but quite a few business used to set the "regular" price slightly higher to cover the fees charged by the credit card company, and then offer a discount to people paying in cash (or, in the case of gas stations, using the oil company's own charge card), which in practice amounts to pretty much the same thing.
What else can I help you with?
Can you express clear a cheque at Lloyd and bank?
You can 'express clear' a cheque at any bank - but they will charge you a fee for doing so.
What are banking fees and the reason banks charge them?
Minimum balance fee- To make sure customers keep enough money in their account. ATM fee- To keep customers from overusing bank machines. Teller fee- To pay for the costs of having bank employees. n.s.f. fee- To punish customers for writing checks for money they don't have.
What fees do American Express charge?
The fees that American Express charges are as follows for the blue card. Annual is $35.00 after the first year, supplement card is $15.00 after the first year, membership rewards Fee is $50.00, and membership rewards with Turbo is $99.00 ($50.00 listed above not included). Fees for the gold credit card. Annual fee is $90.00 after first year, supplementary card fee is $20.00 after first year, membership rewards fee is $50.00, and membership rewards with turbo is $99.00 ($50.00 fee not included) Fees for platinum. Annual is $325.
What is a no-fee checking account?
A No Fee checking account is one in which the bank does not charge you any fees like monthly fee, minimum balance fee, transaction fee etc. these fees are usually charged by most banks to their checking account customers. Not many banks offer such no-fee checking accounts.
How does the accounting for sales to customers using bank credit cards such as Master Card and Visa differ from accounting for cash sales to customers?
The Credit Card companies charge a "fee" for each charge sale at the merchant. The fees are either a flat fee or a percentage of the sale total. The fees change from bank to bank and there is no real "standard" to list here, at least that we know of.
Does American Express credit charge an annual fee?
"There are a variety of American Express credit cards available, and although some do not charge a fee, there are others such as the American Express Gold Card where I believe the annual fee is $125 per year."
Is American Express and Visa offer traveler's checks for a small fee - usually 1.5 percent?
no they charge no fee
Does American Express Gold card have an annual fee?
American Express Gold card does not have an annual fee. They do not charge Gold card members an annual fee, that is one of the reasons that most people prefer the Gold card to the regular card.
Do American banks charge a transaction fee for non-customers using their ATMs?
they cnt even use the ATMS
What is the annual fee for an American Express blue card?
There is no annual fee for the American Express Blue Cash Everyday card. There is an annual fee of $75.00 for the American Express Blue Cash Preferred card.
Does American express have an annual fee?
Yes, most American Express cards have an annual fee. This is sometimes waived for the first year.
How much does an American Express card cost?
There is no annual credit card fee for the American Express Card.
What is the annual fee on the American Express Gold Card?
The annual fee on the American Express Gold Card is about 125 USD. American Express has long been known for its superior service and perks. But whether the annual fee is worth the investment for you ultimately depends on your spending habits and lifestyle.
Why do a lot of places not accept American Express credit cards?
Credit card companies charge a fee for every transaction with their card and American Express fees tend to be higher than those of Visa or Mastercard, so some businesses avoid American Express to avoid this charge. Also, some companies have complained of American Express unexpectedly terminating their contract, hoping the other company will agree to a new deal that favors American Express more. Some companies do not appreciate this and refuse to sign a new contract with American Express.
Why did American Express lose customers in the 1990s?
Due to the excessive fees many merchants--including a group of Boston restaurants whose collective decision was tagged as the "Boston Fee Party" by local papers--eventually refused to accept the American Express card.
Is it legal to charge customers a processing fee for using credit card in a restaurant?
Yes .
Does American Express offer no fee credit cards?
American Express does indeed have no fee credit cards and are a great way to go. You can apply online at www.americanexpress.com or visit your local bank.
