Jersey shoppers FURIOUS as they face 4% fee for using credit cards

Shoppers at the Bergen Town Center outlets are furious with that new law that could cost them 4-percent on credit card purchases.

Everyone PIX11 News spoke with told us they had no idea the new law was going into effect, and they say if stores charge them to use a credit card they’ll either pay cash or find a new place to shop.

Consumer groups are calling it a check out fee.  Starting Sunday stores in New Jersey will be allowed to charge shoppers, who pay with a credit card, up to 4-percent on their total bill.

The new law comes after a settlement between retailers, Visa, MasterCard and nine major banks.

Right now, stores pay credit card companies up to 3-percent each time they swipe your card.

The new law allows, but does not require, stores to pass that cost onto the customer.

Shoppers say they’ll take that into account before they check out.

Stores that choose to charge the new credit card fee have to notify customers with signs at the entrance and at the cash register.

It’s not clear what stores will charge to swipe your credit card, so shoppers need to be on the lookout.

But some say even if they’re forced to pay the fee, some stores will still get their business.

It’s unlikely that big box stores like Target will start charging this fee right away because they label themselves as a discount store.

As for New York and Connecticut shoppers, you won’t have to pay the fee because those states outlaw surcharge fees.

 

23 comments

  • Historyshowsus

    So whats the problem? All you libs think that the answer to all our problems is to be like Europe. This is how it is done over there. With over 20 years in the navy I tried always to pay cash to avoid these charges when overseas.

    • AlwaysThinkTwice

      And remember this………

      every time you pay with cash YOU ESTABLISH ** NO CREDIT ** so that means if you ever need a mortgage or a loan of some kind, YOU WON'T BE ABLE TO GET IT!!! YOU WILL HAVE NO CREDIT TO SHOW YOU CAN PAY BACK!!!
      while those of us who have used credit cards, and have established credit by paying back & making on time payments…… Will get a mortgage or loan….. .

      Avoiding charges is good but when you have no choice for those of us on fixed incomes &/or those us who are single parents maybe even with a household that has 1 income &/or get paid once/twice a month need to use our cards…….. WE GET SCREWED!!!

  • harry

    i always ask for a "cash discount." …i never "shop with a credit card" so all you suckers keep making money for these banks …i choose not to ….witch coincidentally really is THE ONE and ONLY power you have as an american citizen to change ANYTHING …..where your money is spent …and THAT my friends is why they keep confiscating it to use as they ..i.e.( the government / banks ) sees fit …..

    • AlwaysThinkTwice

      And remember this………

      every time you pay with cash YOU ESTABLISH ** NO CREDIT ** so that means if you ever need a mortgage or a loan of some kind, YOU WON'T BE ABLE TO GET IT!!! YOU WILL HAVE NO CREDIT TO SHOW YOU CAN PAY BACK!!!
      while those of us who have used credit cards, and have established credit by paying back & making on time payments…… Will get a mortgage or loan…..

      So my question now is this…….. WHO WILL BE THE SUCK THEN??? Thanks……

    • Rose

      Since I don't pay an annual fee, and they don't charge me any late fees since I always pay on time, the bank isn't getting money from me. Using Cash and credit card would be the same for me.

      If you think that deciding where you your money is spent is the only power as an American citizen, that is just sad. Considering that there is very little say in how your taxes are spent, I guess your one power is a very small.

      ohh yeah, just a note, Witch is different from which. =) maybe spending some of that money on education would be a good investment.

  • Paul

    Since Chritie has been governor, my property tax continues to rise, I am faced with paying sales tax to amazon thanks to a "deal" Christie made to open a warehouse in NJ, and now this.

  • jen

    Do they realize how long it will take to check out when everyone goes back to writing paper checks? Manager to checkouts 5,7,8, and 10 for check approvals

  • Aimee

    If this is illegal in New York, why do we have to pay a fee to government agencies, and to utility companies when paying online?

  • Cream De

    I own a small restaurant business, so I can see how this surcharge makes sense. I pay thousands of dollars in credit card fees every month. The reason why I started accepting them in the first place was to stop hearing the complaints from customers about why I don't accept them. They haven't increased my business, only added to my monthly expenses. People have to understand that businesses are the ones paying for the "frequent miles" and all the "rewards." I don't plan on implementing the surcharge policy because the economy is bad enough, so I cannot afford to lose more business than I already have. I just want people to understand that small business is the one that takes the hit with credit card fees. Please use cash.

  • Tom

    I'm sorry, but no business pays credit card fees! Those fees are paid by the customer. They are also shared by the cash customer. This is the cost of doing business and the customer has told the business that if you hide my fees, I will be glad to pay them. If you try to show me those fees, I'll protest.
    I feel that I am smart by paying my bill each month, but any intelligent person knows these Banks aren't getting rich without someone paying.
    The really dumb one is the person who thinks they are not paying for using a credit card.

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