The Credit Card Surprise When Buying Gas
With the price of gas, every cent counts. It is not unusual for drivers to stop and fill up the car or truck if they happen to find a station that sells gas for a few cents less. However, that bargain price may vanish quickly if you are paying for the gas purchase with a credit card:
“…The card giant Visa, for instance, typically charges a 2 percent fee for each credit card transaction to the station owner. If the price of a gallon of gas is $4.11, that translates to about 8 cents a gallon, which is then passed on to the consumer who pays with a credit card.”
link: Credit Card Fees Up Gas Prices
The price that is advertised outside may not be what you are paying with the credit card. Many customers are finding that they are paying for the transaction fee that is charged to the business.
Check the credit card receipt the next time you are buying gas. You may find that that bargain price for fuel comes with a sneaky charge added to the bill.
Catherine Forsythe
Tags: bargain prices, charges, credit cards, Gas, transaction fee
Get SkypePro for free local calls
Here are some other related posted by this author...
You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
Leave a Reply