Debit Card Limits - Page 3

BarTopDancer · 03-10-2011, 10:33 PM

Quote:

Originally Posted by RStar

Really? I thought all ARCO stations, as a corporation, charged the 45 cent fee. I have never been to one that doesn't. And in fact, I will only go there if I have cash because that fee ticks me off. To charge me to do buisness with them just means I'll go elsewhere.

Quote:

Originally Posted by Alex

I've never been to an ARCO that takes any type of credit card at the pump. Just debit cards (with a transaction fee). But maybe it isn't universal like I thought.

The first one I noticed it at was the one by DL. When moved here 4+ years ago I noticed it at the Arco by my place. Last weekend we stopped at an Arco on the way out of Vegas (by the new M) that had signs posted 'cash or credit only, no debit. All cards will be processed as credit'. The one thing I noticed about the three that I've come across is they are all newer style pumps. The Arco by my parents (in HB) or my office (Anaheim and Fullerton) do not take credit.

Morrigoon · 03-10-2011, 08:09 PM

Kevy: No, but they are responsible, to some extent, for the economy. And since we accept as fact that there are a large number of stupid people in this country, large enough to affect the economy should they all go down at once in a big credit mess, then they would be wise to avoid policies that shove people in the direction of bad debt acquisition.

Ghoulish Delight · 03-10-2011, 08:27 PM

The "cash discount" at gas stations ticks me off because it's a total end-around the law. In the late 80s they made it illegal to charge a fee for a credit card transaction. All the "cash discount it" is a rebranding of the old "credit charge". It's functionally identical. If I recall correctly, some gas stations even tried it at the time the law passed and they were made to stop. I guess it's been long enough that no one remembers.

BarTopDancer · 03-10-2011, 08:37 PM

It's illegal to charge for credit (and I think it's against Visa and MC TOS to require minimum purchase) but they can charge for debit?

Alex · 03-10-2011, 10:25 PM

Quote:

Originally Posted by BarTopDancer

but they can charge for debit?

Yes. The state legislature passed a bill a couple years ago that would have barred it for credit cards as well but Schwarzenegger vetoed it. So far as know it did not come up again because the federal cap will most likely avoid the issue.

Schwarzenegger's stated logic was the eliminating the fee would simply transfer payment of the interchange fee from consumers who used a card thus causing the fee to spreading it among all consumers so those who used cash would be subsidizing those who don't.

Cynthia · 03-11-2011, 10:56 AM

I use cash at the pump, have a Credit Union and use Discover allot . . . wonder what I will have to change.

03-10-2011, 08:09 PM	#2
Morrigoon I throw stones at houses Join Date: Jan 2005 Location: Location: Location Posts: 9,534	Kevy: No, but they are responsible, to some extent, for the economy. And since we accept as fact that there are a large number of stupid people in this country, large enough to affect the economy should they all go down at once in a big credit mess, then they would be wise to avoid policies that shove people in the direction of bad debt acquisition. __________________ http://bash.org/?top "It is useless for sheep to pass a resolution in favor of vegetarianism while wolves remain of a different opinion." -- William Randolph Inge
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03-10-2011, 08:27 PM	#3
Ghoulish Delight I Floop the Pig Join Date: Jan 2005 Location: Alternative Swankstyle Posts: 19,348	The "cash discount" at gas stations ticks me off because it's a total end-around the law. In the late 80s they made it illegal to charge a fee for a credit card transaction. All the "cash discount it" is a rebranding of the old "credit charge". It's functionally identical. If I recall correctly, some gas stations even tried it at the time the law passed and they were made to stop. I guess it's been long enough that no one remembers. __________________ 'He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me.' -TJ
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03-10-2011, 08:37 PM	#4
BarTopDancer Prepping... Join Date: Jan 2005 Location: Here, there, everywhere Posts: 11,405	It's illegal to charge for credit (and I think it's against Visa and MC TOS to require minimum purchase) but they can charge for debit? __________________ Spork is the new MacGyver Postcards From My Edge
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03-11-2011, 10:56 AM	#6
Cynthia Thank you, that is all Join Date: Apr 2010 Location: just north of the magic Posts: 187	I use cash at the pump, have a Credit Union and use Discover allot . . . wonder what I will have to change.
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