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A 4% Surcharge for Using a Credit Card?! Now Legal — but Not Likely

1/29/2013

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Starting on Sunday, Jan. 27, retailers will be allowed to tack a surcharge of up to 4% onto your tab if you want to pay with a credit card. If that sounds like a lot, you’re right. Happily, though, it’s unlikely to happen very often.  For years, card issuers have been making lots of money off so-called interchange fees.

Read full article here.


 

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