Saturday, June 09, 2007

Extra charge for using credit card

Many years ago, credit card companies disallow merchants from adding an extra charge on customers for using credit cards.

This has now changed.

When I checked into a resort at Hamilton Island, Australia, there was a sign that states a charge of 1% will be added to the bill for payment by Visa and Mastercard and 2.5% for payment by American Express. JetStar adds an extra charge of about 1.5% for payment by credit card.

If customers have to bear this charge, it is important to learn how to avoid paying by credit card. Here are some ways:

* use cash or debit card
* pay by PayPal.

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