Started by csutak40, May 17, 2014, 03:35:24 PM
Quote from: csutak40 on May 17, 2014, 03:35:24 PMI must say that I am disappointed at the new surcharge on credit card usage. :o Not as though there is another option. All the companies I have come across so far that charge a surcharge, do provide an alternative way of paying to avoid it and/or offer to wave it for pensioners. I suppose, I could have asked a Sydney friend to turn up at your premises and pay you cash on my behalf :-)This is the first time I have paid for something and haven't managed to avoid a surcharge. What annoys me even more is that there is no warning that you will be charged this fee, until after you've finalised the purchase.I suppose it is still a good deal, but I am annoyed more for the principle of the thingI can't help but wonder if you think that the $2.23 would be worth the goodwill you lose from your customers. It has certainly left a bad taste in my mouth. >:(
Quote from: Paul55 on May 17, 2014, 05:34:26 PMIt smacks of gouging and doesn't sit well with me either.
Quote from: raymondjpg on May 18, 2014, 09:18:32 AMWhat I do see year on year is banks racking up billions of dollars in profits. That smacks to me of gouging.
Quote from: Paul55 on May 18, 2014, 09:49:02 AMBut it's possible to avoid bank fees if you are willing to do some research.
Quote from: raymondjpg on May 18, 2014, 10:57:03 AMQuote from: Paul55 on May 18, 2014, 09:49:02 AMBut it's possible to avoid bank fees if you are willing to do some research.Sure, but think of the consequences for Australian society of banks with no profits if everyone did this. As unthinkable as a society that avoids exploitation of its fellow citizens through tax encouragement of residential property speculation.
Quote from: raymondjpg on May 18, 2014, 10:57:03 AMIt's not just bank fees that pump up bank profits, but the sticky fingers over every transaction done on plastic. That is more difficult to avoid while plastic offers the convenience of not having to get cash, tender it and then check the change to see that you're not being ripped off. I do recall that the Reserve Bank had aspirations to curb some of the banks' excesses in the plastic card area in recent times, but it seems to have spawned some new ways of profit recovery by our financial institutions.
Quote from: Paul55 on May 17, 2014, 05:34:26 PM[
Quote from: csutak40 on May 19, 2014, 09:58:20 AMIf there is a warning there and I have managed to miss it again, I would love to see a page dump of it - I am now really curious. Am I this blind?
Quote from: BigMick on May 20, 2014, 01:36:23 PMBut the basic costs of doing business, including accepting payments, should be built into the advertised product cost.
Quote from: BigMick on May 20, 2014, 01:36:23 PM@csutak40 Here's how it looked for me - the red text was initially hidden then appeared and changed depending on which card you select in the drop box:I agree I hate this stuff - I can understand a surcharge if one payment method is a lot more expensive than the others. But the basic costs of doing business, including accepting payments, should be built into the advertised product cost. Like you say it's not like they are accepting other payment options. Soon everything will become like the absolute farce booking an airline ticket is these days... oh, you want wings on your plane? that'll be an extra $5 per passenger....
Quote from: Dave on May 22, 2014, 03:26:58 PMIt is wrong and to provide no other alternative is very wrong.The only option I saw was between paying 2.5% on Amex or 1.5% on Visa.Not Happy JAN!
Quote from: prl on June 04, 2014, 11:08:37 AMThe Amex surcharge is now 3%. MC and Visa are still 1.5%.