We have seen the future, and it sucks.

Be on the Lookout for Credit Card Fees

31st January 2013

Read it.

Starting tomorrow (Sunday, January 27th) merchants are free to start applying a surcharge for credit card purchases.

Merchants used to get around this by offering a ‘discount for cash’, but now they no longer need to jump through that particular hoop.

While many merchants will hold off on applying these fees, those who choose to do so are required by law to post a notice at checkout (and/or on their website) so you’ll know before you reach for your credit card.

Debit cards are explicitly excluded, and ten states (of which Texas is one) don’t allow it under state law.

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