answersLogoWhite

0

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 !

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about Finance

Is it legal for merchants to charge consumer credit card fees?

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.


Can merchants charge a fee for using a credit ca?

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).


What are the costs and pitfalls of using a charge card a debit card and a credit card?

credit card: no worries if card is lost all you have to do is annul it. Debit card: you have to be in charge charge card: don't really exist


Why is there a 1 dollar charge on my credit card statement?

The 1 charge on your credit card statement may be a temporary authorization to verify your card's validity before processing a larger transaction. It is common practice by merchants and should disappear once the transaction is finalized.


What is the cboueinstnoahbruegmblapp charge on my bill for?

The "cboueinstnoahbruegmblapp" charge on your bill is for a subscription service or purchase that you made using your credit card.

Related Questions

Is it legal for merchants in Alabama to charge a credit card processing fee?

No.


What is a Merchants account Credit card?

A merchants account credit card is a special type of credit card that is issued from a merchant acquiring bank. These credit cards allow a vendor or business to accept payments from customers using a credit card.


Is it legal for merchants to charge consumer credit card fees?

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.


What are the costs and pitfalls of using a charge card a debit card and a credit card?

credit card: no worries if card is lost all you have to do is annul it. Debit card: you have to be in charge charge card: don't really exist


Can merchants charge a fee for using a credit ca?

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).


What is an American express card a charge card or credit card?

Credit Cards are a type of charge card. American Express is a charge card brand that offers both credit and debit cards. It depends on the account type of the person using it.


Can a dental office charge a fee for using a credit card?

no


Why is there a 1 dollar charge on my credit card statement?

The 1 charge on your credit card statement may be a temporary authorization to verify your card's validity before processing a larger transaction. It is common practice by merchants and should disappear once the transaction is finalized.


Is there any charge for using a credit card to pay through PayPal on eBay?

No, there is no charge.


How long does it take for a retail credit card processing system to charge my account after I make my purchase?

This is determined by the companies credit card merchant. Most merchants take from 2-4 days.


Can law enforcement charge a fee for using a credit card?

nope


What are the rules and regulations regarding using another person's credit or charge card?

You do not need to be an authorized signer, but you do need the permission of the card holder. You should also be aware that some merchants ask for identification and may not accept your use of another person's card.