Comments on: How to Report Visa and MasterCard Violations http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/ personal finance tips, tricks, and commentary Mon, 13 Feb 2012 18:22:18 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Kathleen http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-247892 Kathleen Wed, 28 Sep 2011 14:26:52 +0000 http://www.fivecentnickel.com/?p=4361#comment-247892 As a merchant, I don't lose money when small purchases are paid with either a debit or credit card. It is the consumer who is paying the fees through higher prices to cover expenses like all other expenses. The cost of doing business is built into the pricing. Like many others, I vote with my feet and don't shop where they set a minimum. Occasionally I run short of cash after a day of shopping and must use my card. As a merchant, I don’t lose money when small purchases are paid with either a debit or credit card. It is the consumer who is paying the fees through higher prices to cover expenses like all other expenses. The cost of doing business is built into the pricing. Like many others, I vote with my feet and don’t shop where they set a minimum. Occasionally I run short of cash after a day of shopping and must use my card.

]]> By: Hitesmites http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-225192 Hitesmites Sat, 07 May 2011 18:36:27 +0000 http://www.fivecentnickel.com/?p=4361#comment-225192 Just reported several gas stations in my area that are charging more to customers who pay for gasoline with a credit card. Isn't the price of gas high enough? And so many people are relying on credit cards these days........ Just reported several gas stations in my area that are charging more to customers who pay for gasoline with a credit card. Isn’t the price of gas high enough? And so many people are relying on credit cards these days……..

]]> By: heather http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-220272 heather Thu, 14 Apr 2011 19:41:51 +0000 http://www.fivecentnickel.com/?p=4361#comment-220272 I used to work at the bank and banks charge a cash deposit fee and it's not flat. It's a sliding scale. So no matter what monetary item is used to pay businesses get hit with fees on every dollar plus the payroll hours to count that cash and take it to the bank. Credit cards can have a $10 minimum http://blog.visa.com/2010/09/02/minimizing-confusion-over-minimums/ I used to work at the bank and banks charge a cash deposit fee and it’s not flat. It’s a sliding scale. So no matter what monetary item is used to pay businesses get hit with fees on every dollar plus the payroll hours to count that cash and take it to the bank.

Credit cards can have a $10 minimum
http://blog.visa.com/2010/09/0.....-minimums/

]]> By: heather http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-220262 heather Thu, 14 Apr 2011 19:41:35 +0000 http://www.fivecentnickel.com/?p=4361#comment-220262 I used to work at the bank and banks charge a cash deposit fee and it's not flat. It's a sliding scale. So no matter what monetary item is used to pay businesses get hit with fees on every dollar plus the payroll hours to count that cash and take it to the bank. I used to work at the bank and banks charge a cash deposit fee and it’s not flat. It’s a sliding scale. So no matter what monetary item is used to pay businesses get hit with fees on every dollar plus the payroll hours to count that cash and take it to the bank.

]]> By: Benjamin http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-211512 Benjamin Thu, 24 Feb 2011 06:38:34 +0000 http://www.fivecentnickel.com/?p=4361#comment-211512 You will end up driving the costs of goods at those stores up when you report them for minimum fees. They will just raise the cost of all food at that restaurant by $0.29, even for cash purchasers that they don't have to pay for. Speaking of fraud, I want the merchant to check my ID when the card is used. I even write on the signature line "Check ID". A thief could steal my credit cards and probably max them out if the merchant doesn't check IDs. That is dangerous. I know I am not liable for fraud on my credit card, but it is still a hassle to have your credit cards stolen and fraudulent purchases made on them. Merchants usually leave the coins in the drawer. They get paid out in change anyway. The problem is running out of change. Rolls of coins need to be bought from the bank. If change gets to be way too much in the drawer, I always rolled it and put it in the safe until needed. I never had an over abundance of change. There is no pleasing these pay-by-debit-card-all-the-time people. I worked in a cash only shop and we had a guy yell at one of our employees until she cried because we didn't take debit cards. There was even an ATM machine ten feet away. You will end up driving the costs of goods at those stores up when you report them for minimum fees. They will just raise the cost of all food at that restaurant by $0.29, even for cash purchasers that they don’t have to pay for.

Speaking of fraud, I want the merchant to check my ID when the card is used. I even write on the signature line “Check ID”. A thief could steal my credit cards and probably max them out if the merchant doesn’t check IDs. That is dangerous. I know I am not liable for fraud on my credit card, but it is still a hassle to have your credit cards stolen and fraudulent purchases made on them.

Merchants usually leave the coins in the drawer. They get paid out in change anyway. The problem is running out of change. Rolls of coins need to be bought from the bank. If change gets to be way too much in the drawer, I always rolled it and put it in the safe until needed. I never had an over abundance of change.

There is no pleasing these pay-by-debit-card-all-the-time people. I worked in a cash only shop and we had a guy yell at one of our employees until she cried because we didn’t take debit cards. There was even an ATM machine ten feet away.

]]> By: Jon http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-189212 Jon Sat, 06 Nov 2010 06:47:32 +0000 http://www.fivecentnickel.com/?p=4361#comment-189212 There are some very simple things to keep in mind here. Merchants need to follow the contracts they agreed to (which includes no minimums and maximums; no ID required; no additional fees or surcharges, etc...). It's as simple as that. And for businesses, you'd think that cash is their lowest cost payment method. Keep in mind that most business checking accounts charge for each credit and debit made to the account, as well as a charge for each check that you deposit to the account. And, in almost all cases, merchants pay a fee to deposit cash after a certain amount into their business checking/savings accounts (usually as a fee per every hundred or so dollars -- these fees vary by bank). For some businesses (like mine), it may actually end up being more expensive to take cash and checks (especially with forged/fraudulent checks and counterfeit notes -- yes, they exist for EVERY denomination in circulation). And you think merchants like depositing coins? We don't (there are more fees for that kind of stuff, depending on bank). There are some very simple things to keep in mind here. Merchants need to follow the contracts they agreed to (which includes no minimums and maximums; no ID required; no additional fees or surcharges, etc…). It’s as simple as that. And for businesses, you’d think that cash is their lowest cost payment method. Keep in mind that most business checking accounts charge for each credit and debit made to the account, as well as a charge for each check that you deposit to the account. And, in almost all cases, merchants pay a fee to deposit cash after a certain amount into their business checking/savings accounts (usually as a fee per every hundred or so dollars — these fees vary by bank). For some businesses (like mine), it may actually end up being more expensive to take cash and checks (especially with forged/fraudulent checks and counterfeit notes — yes, they exist for EVERY denomination in circulation). And you think merchants like depositing coins? We don’t (there are more fees for that kind of stuff, depending on bank).

]]> By: Ben http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-181012 Ben Fri, 01 Oct 2010 10:25:04 +0000 http://www.fivecentnickel.com/?p=4361#comment-181012 I have no problem using a credit card. Sure, the merchant pays a fee, but it's expensive in time and paperwork to manage cash. And they make a sale when they otherwise wouldn't, because I don't always have cash or want to deal with change. Handling money is complicated and difficult; if you think you can do better you should start a bank yourself and if you get rich you'll have earned every penny of it. I have no problem using a credit card. Sure, the merchant pays a fee, but it’s expensive in time and paperwork to manage cash. And they make a sale when they otherwise wouldn’t, because I don’t always have cash or want to deal with change. Handling money is complicated and difficult; if you think you can do better you should start a bank yourself and if you get rich you’ll have earned every penny of it.

]]> By: Pang http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-171491 Pang Mon, 02 Aug 2010 22:29:21 +0000 http://www.fivecentnickel.com/?p=4361#comment-171491 RON - that STILL doesn't make it LEGAL??? . I understand and always try to be mindful of charging less than $5 on my card, but there have been instances where I needed something and dont have the cash on me. I also run and own my own liquor store. I don't like the charges either but I do everything by the book here. Sure, its a pain in the ass to have to pay the fees, but I knew that and AGREED to the terms before entering into contract! Retailers have a problem with the terms THEY agreed to, then take it up with the credit card companies - NOT your customer. That's just BAD customer service. RON – that STILL doesn’t make it LEGAL??? . I understand and always try to be mindful of charging less than $5 on my card, but there have been instances where I needed something and dont have the cash on me. I also run and own my own liquor store. I don’t like the charges either but I do everything by the book here. Sure, its a pain in the ass to have to pay the fees, but I knew that and AGREED to the terms before entering into contract! Retailers have a problem with the terms THEY agreed to, then take it up with the credit card companies – NOT your customer. That’s just BAD customer service.

]]> By: Todd http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-169431 Todd Thu, 22 Jul 2010 16:08:10 +0000 http://www.fivecentnickel.com/?p=4361#comment-169431 Visa does now have an on-line form for reporting surcharges and checkout fees: http://usa.visa.com/personal/using_visa/checkout_fees/index.html Visa does now have an on-line form for reporting surcharges and checkout fees:

http://usa.visa.com/personal/u.....index.html

]]> By: Rican Press http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-167771 Rican Press Tue, 13 Jul 2010 18:04:26 +0000 http://www.fivecentnickel.com/?p=4361#comment-167771 Here is where AmericanExpress comes into play. Amex does excellent job when you report their card acceptance refusal by a merchant. They have an online form for that, and you can also mail them a letter. They follow up quickly and notify you via email or mail letter (which one you chose) about what is done and what the results are regarding the particular merchant. And one more thing, if there is any fraud or disputable charges on your AmericanExpress account they put your money back immediately and investigate the fraudulent charge(s) or disputes, and pursue the fraudsters harshly. They have a special department that works in close contact with law enforcement agencies and they push the case hard and put criminals behind the bar. MasterCard and Visa? Ah. They don't work so hard like Amex does in this regard, because they don't have one centralized issuer. Here is where AmericanExpress comes into play. Amex does excellent job when you report their card acceptance refusal by a merchant. They have an online form for that, and you can also mail them a letter. They follow up quickly and notify you via email or mail letter (which one you chose) about what is done and what the results are regarding the particular merchant. And one more thing, if there is any fraud or disputable charges on your AmericanExpress account they put your money back immediately and investigate the fraudulent charge(s) or disputes, and pursue the fraudsters harshly. They have a special department that works in close contact with law enforcement agencies and they push the case hard and put criminals behind the bar. MasterCard and Visa? Ah. They don’t work so hard like Amex does in this regard, because they don’t have one centralized issuer.

]]> By: Barbara http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-164471 Barbara Wed, 23 Jun 2010 18:21:00 +0000 http://www.fivecentnickel.com/?p=4361#comment-164471 I've reported a store twice now for requiring ID and I have not heard back from anyone. I just went there again today, and they refused to make a credit card sale without photo ID again. What to do? If anyone lives near a Honk's, please use your credit card and continue to complain each time they require ID. I think that's the only way to get their (credit card companies AND Honks) attention and compliance. I’ve reported a store twice now for requiring ID and I have not heard back from anyone. I just went there again today, and they refused to make a credit card sale without photo ID again. What to do?

If anyone lives near a Honk’s, please use your credit card and continue to complain each time they require ID. I think that’s the only way to get their (credit card companies AND Honks) attention and compliance.

]]> By: Nicki http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-162481 Nicki Wed, 09 Jun 2010 16:13:15 +0000 http://www.fivecentnickel.com/?p=4361#comment-162481 To Ron in response to his quote below: How nuts are YOU to think that these retailers don't factor the credit card fees into the prices they're charging you already? They're just making an extra buck by trying to require a minimum so they don't get the fee. It's simple retail business sense. If they don't consider their expenses when they're forecasting their profit, they're not very responsible business owners. They're the ones that signed the contract - If they can't follow it, they shouldn't sign it. Life is so simple sometimes :) "13 Ron Says: March 8th, 2010 at 6:14 pm How nuts are some people that they don’t even have enough cash to buy an ice cream cone or anything else up to 5 dollars. Do they not know that the credit card companines charge the fee for every tranaction and most of the time their fee is more than the profit on the inexpensive item. Of course they don’t care because they, the credit card companies get theirs up front. How stupid because if you can’t afford to carry enough cash to buy something under 5 dollars you don’t need it." To Ron in response to his quote below:

How nuts are YOU to think that these retailers don’t factor the credit card fees into the prices they’re charging you already? They’re just making an extra buck by trying to require a minimum so they don’t get the fee. It’s simple retail business sense. If they don’t consider their expenses when they’re forecasting their profit, they’re not very responsible business owners. They’re the ones that signed the contract – If they can’t follow it, they shouldn’t sign it. Life is so simple sometimes :)

“13 Ron Says:
March 8th, 2010 at 6:14 pm
How nuts are some people that they don’t even have enough cash to buy an ice cream cone or anything else up to 5 dollars. Do they not know that the credit card companines charge the fee for every tranaction and most of the time their fee is more than the profit on the inexpensive item. Of course they don’t care because they, the credit card companies get theirs up front. How stupid because if you can’t afford to carry enough cash to buy something under 5 dollars you don’t need it.”

]]> By: Jacko Madigan http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-157911 Jacko Madigan Wed, 12 May 2010 03:39:28 +0000 http://www.fivecentnickel.com/?p=4361#comment-157911 I have complained about minimum charges. I don't care if they check for ID or not. I usually write a letter quoting the law to the merchant, VISA, and the CA attorney general and then I don't go back. When I have 'passed' by to see if the merchants still charge a fee - usually they do not. Most store owners get scared of letters quoting law and possible fines. I am not a credit company fan for sure but the business should go for a cash business instead of ripping off consumers who chose to pay by credit card. I have complained about minimum charges. I don’t care if they check for ID or not. I usually write a letter quoting the law to the merchant, VISA, and the CA attorney general and then I don’t go back.

When I have ‘passed’ by to see if the merchants still charge a fee – usually they do not.

Most store owners get scared of letters quoting law and possible fines. I am not a credit company fan for sure but the business should go for a cash business instead of ripping off consumers who chose to pay by credit card.

]]> By: The Poker Meister http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-149671 The Poker Meister Wed, 31 Mar 2010 16:51:22 +0000 http://www.fivecentnickel.com/?p=4361#comment-149671 I finally realized today that a vendor where I purchase lunch has been charging me [at least] $0.29 / transaction for a credit card. I have reported the violation via Mastercard's website and will keep all informed of the progress. I can't imagine how much they must be making, because most people pay with their credit cards. At at least $.29 / transaction, they must be completely shifting their transaction fees to the consumer. I know they have tried to conceal this charge; I asked them why I'm getting charged extra and they always maintained that my order has a side dish that costs extra, etc. - but never told me directly about the surcharge. Finally, I pressed them on it today, and asked for an itemized receipt (they only offer the credit transaction receipt). We'll see what happens. I finally realized today that a vendor where I purchase lunch has been charging me [at least] $0.29 / transaction for a credit card. I have reported the violation via Mastercard’s website and will keep all informed of the progress.

I can’t imagine how much they must be making, because most people pay with their credit cards. At at least $.29 / transaction, they must be completely shifting their transaction fees to the consumer. I know they have tried to conceal this charge; I asked them why I’m getting charged extra and they always maintained that my order has a side dish that costs extra, etc. – but never told me directly about the surcharge. Finally, I pressed them on it today, and asked for an itemized receipt (they only offer the credit transaction receipt). We’ll see what happens.

]]> By: Eric http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-149001 Eric Sun, 28 Mar 2010 21:46:47 +0000 http://www.fivecentnickel.com/?p=4361#comment-149001 So basically I gather that reporting is useless. Ugh. So basically I gather that reporting is useless. Ugh.

]]> By: Bob http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-146401 Bob Fri, 19 Mar 2010 10:11:58 +0000 http://www.fivecentnickel.com/?p=4361#comment-146401 I shopped at an online merchant called deepsurplus.com. They sell mostly cables, adapters, and tools at great prices, with a minimum order. I notified them in November that they don't properly use SSL for ordering, and it would be simple for a man-in-the-middle to get customers' credit card numbers. They did nothing. So after the Christmas season I reported them to both Visa and Mastercard. That was 2 months ago. No noticeable effect. Deep Surplus still allows thieves to capture their customers' credit card numbers. Overall, I like Deep Surplus. Excellent prices, decent quality products, and quick shipping. But I wish they would get their act together security-wise. Both Visa and Mastercard officially require that online merchants use SSL for order forms, among other security precautions. I shopped at an online merchant called deepsurplus.com. They sell mostly cables, adapters, and tools at great prices, with a minimum order. I notified them in November that they don’t properly use SSL for ordering, and it would be simple for a man-in-the-middle to get customers’ credit card numbers. They did nothing. So after the Christmas season I reported them to both Visa and Mastercard. That was 2 months ago. No noticeable effect. Deep Surplus still allows thieves to capture their customers’ credit card numbers.

Overall, I like Deep Surplus. Excellent prices, decent quality products, and quick shipping. But I wish they would get their act together security-wise.

Both Visa and Mastercard officially require that online merchants use SSL for order forms, among other security precautions.

]]> By: Anna http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143741 Anna Tue, 09 Mar 2010 02:53:11 +0000 http://www.fivecentnickel.com/?p=4361#comment-143741 I didn't know that stores couldn't require a minimum purchase to use a visa or mastercard. I know off two places close by right off-hand. A salvage grocery and a gas station. There have been times i just didn't buy anything at the salvage grocery simply because I didn't want to buy as much as they required. I didn’t know that stores couldn’t require a minimum purchase to use a visa or mastercard. I know off two places close by right off-hand. A salvage grocery and a gas station. There have been times i just didn’t buy anything at the salvage grocery simply because I didn’t want to buy as much as they required.

]]> By: Ryan http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143711 Ryan Tue, 09 Mar 2010 01:26:04 +0000 http://www.fivecentnickel.com/?p=4361#comment-143711 Oh I know they still have to pay fees, but you stated that the issue was that people buy stuff they "can't afford", when in most cases they can. They're just choosing a method of payment besides cash. Oh I know they still have to pay fees, but you stated that the issue was that people buy stuff they “can’t afford”, when in most cases they can. They’re just choosing a method of payment besides cash.

]]> By: Ron http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143701 Ron Mon, 08 Mar 2010 23:35:52 +0000 http://www.fivecentnickel.com/?p=4361#comment-143701 But Ryan they charge the merchant even if you use a debit card. I don't want to get in an argument over this but I know many people think that a debit card is not a credit card but the card companies don't care they still charge the merchant for using it. I was trying to imply, and not you necessarily, that people should carry some cash for cases like this. Next time you use it ask the merchant and he will tell you. Have a nice day. But Ryan they charge the merchant even if you use a debit card. I don’t want to get in an argument over this but I know many people think that a debit card is not a credit card but the card companies don’t care they still charge the merchant for using it. I was trying to imply, and not you necessarily, that people should carry some cash for cases like this. Next time you use it ask the merchant and he will tell you. Have a nice day.

]]> By: Ryan http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143691 Ryan Mon, 08 Mar 2010 23:21:35 +0000 http://www.fivecentnickel.com/?p=4361#comment-143691 Ron, I'm not nuts. And I was using a debit card...so debt was never part of the equation. I pay for everything I can with a debit card because it's just easier to use and track. Credit card transactions fees are a business expense, just like a cash register or the rent payment. I don't feel bad that the business loses a few cents. If they don't want to accept credit/debit, then they shouldn't. But if they are going to, they need to play by Visa/Mastercard/AMEX/Discover's rules. Ron,

I’m not nuts. And I was using a debit card…so debt was never part of the equation.

I pay for everything I can with a debit card because it’s just easier to use and track.

Credit card transactions fees are a business expense, just like a cash register or the rent payment. I don’t feel bad that the business loses a few cents. If they don’t want to accept credit/debit, then they shouldn’t. But if they are going to, they need to play by Visa/Mastercard/AMEX/Discover’s rules.

]]> By: Ron http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143681 Ron Mon, 08 Mar 2010 23:14:16 +0000 http://www.fivecentnickel.com/?p=4361#comment-143681 How nuts are some people that they don't even have enough cash to buy an ice cream cone or anything else up to 5 dollars. Do they not know that the credit card companines charge the fee for every tranaction and most of the time their fee is more than the profit on the inexpensive item. Of course they don't care because they, the credit card companies get theirs up front. How stupid because if you can't afford to carry enough cash to buy something under 5 dollars you don't need it. How nuts are some people that they don’t even have enough cash to buy an ice cream cone or anything else up to 5 dollars. Do they not know that the credit card companines charge the fee for every tranaction and most of the time their fee is more than the profit on the inexpensive item. Of course they don’t care because they, the credit card companies get theirs up front. How stupid because if you can’t afford to carry enough cash to buy something under 5 dollars you don’t need it.

]]> By: Floridian http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143661 Floridian Mon, 08 Mar 2010 22:55:06 +0000 http://www.fivecentnickel.com/?p=4361#comment-143661 I wish I knew about the "no maximum" rule when buying my car two years ago - was it in effect two years ago? The dealer would only let us put $5,000 on the card. Honestly, I was surprised they took a credit card at all! I was about to write a check for the whole amount and had simply asked if a personal check was OK, or if I needed to get a cashier's check. That's when they said they took all forms of payment, even CC. I said "well in that case, put what you can on the MC!" We pay what we can by CC for the points/rewards, and pay off the card every month so we never pay any interest. I got all excited about the possibility of "earning" over 15K points in one day! Ahhh, but they wouldn't even do half :( So we put $5K on the card and wrote a check for the rest. I wonder what they would have done if I had known enough to tell them that imposing a maximum was against their agreement... Well, I'll just stash that informational tidbit away in my back pocket...even though I don't foresee running into that situation again anytime soon...don't have any big purchases to make in the near future. I wish I knew about the “no maximum” rule when buying my car two years ago – was it in effect two years ago? The dealer would only let us put $5,000 on the card. Honestly, I was surprised they took a credit card at all! I was about to write a check for the whole amount and had simply asked if a personal check was OK, or if I needed to get a cashier’s check. That’s when they said they took all forms of payment, even CC. I said “well in that case, put what you can on the MC!” We pay what we can by CC for the points/rewards, and pay off the card every month so we never pay any interest. I got all excited about the possibility of “earning” over 15K points in one day! Ahhh, but they wouldn’t even do half :( So we put $5K on the card and wrote a check for the rest. I wonder what they would have done if I had known enough to tell them that imposing a maximum was against their agreement…

Well, I’ll just stash that informational tidbit away in my back pocket…even though I don’t foresee running into that situation again anytime soon…don’t have any big purchases to make in the near future.

]]> By: pamela http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143511 pamela Mon, 08 Mar 2010 15:19:47 +0000 http://www.fivecentnickel.com/?p=4361#comment-143511 I have disputed 2 charges, one with AMEX (Blue) and one with Visa (FIA). Both were quickly resolved. I assume the vendor did not want to take these biggies on, but what a relief to have someone with a bigger voice help resolve my issue. If you are in the right, definitely contact the customer services dept and pursue the dispute. I have disputed 2 charges, one with AMEX (Blue) and one with Visa (FIA). Both were quickly resolved. I assume the vendor did not want to take these biggies on, but what a relief to have someone with a bigger voice help resolve my issue. If you are in the right, definitely contact the customer services dept and pursue the dispute.

]]> By: mason barr http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143361 mason barr Sun, 07 Mar 2010 17:09:19 +0000 http://www.fivecentnickel.com/?p=4361#comment-143361 Cricket charges a few to use your card, but doesn't offer a cash discount. Cricket charges a few to use your card, but doesn’t offer a cash discount.

]]> By: Roger http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143331 Roger Sun, 07 Mar 2010 15:56:42 +0000 http://www.fivecentnickel.com/?p=4361#comment-143331 I usually just dispute the fee. It eventually gets waived by Visa since the merchant doesn't want the hassle. I usually just dispute the fee. It eventually gets waived by Visa since the merchant doesn’t want the hassle.

]]> By: cheezfri http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143191 cheezfri Sat, 06 Mar 2010 20:45:16 +0000 http://www.fivecentnickel.com/?p=4361#comment-143191 Whenever I point out to a clerk that they cannot enforce a minimum charge, they just give me a blank stare and have absolutely no idea what I'm mad about. In the rare event I find a manager to get involved, they claim the bank put it in their contract. That's B.S. I have only filed one complaint with Mastercard so far, and have not heard back from them. And I work for Mastercard! Whenever I point out to a clerk that they cannot enforce a minimum charge, they just give me a blank stare and have absolutely no idea what I’m mad about. In the rare event I find a manager to get involved, they claim the bank put it in their contract. That’s B.S. I have only filed one complaint with Mastercard so far, and have not heard back from them. And I work for Mastercard!

]]> By: Charlie V. http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143151 Charlie V. Sat, 06 Mar 2010 05:32:08 +0000 http://www.fivecentnickel.com/?p=4361#comment-143151 I have reported violations to Visa and it is a joke. Don't even bother calling, half the time (at least), they don't bother taking the information down. I've called back a week later and the person answering the phone has no record of my previous call. These days when presented with a surcharge or order minimum I will say "no" and walk out. Vote with your feet. I have reported violations to Visa and it is a joke. Don’t even bother calling, half the time (at least), they don’t bother taking the information down. I’ve called back a week later and the person answering the phone has no record of my previous call.

These days when presented with a surcharge or order minimum I will say “no” and walk out.

Vote with your feet.

]]> By: Steve http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143131 Steve Sat, 06 Mar 2010 01:04:14 +0000 http://www.fivecentnickel.com/?p=4361#comment-143131 I've reported a car dealership for putting a maximum credit card amount on the transaction (both minimums and maximums are prohibited by their agreement). I wrote a letter and of course nothing was done. I got a letter back from Visa saying that merchants can't put a maximum amount, but of course nothing was enforced. Credit card companies also don't even pursue fraud unless it's some massive scale. I've had cases where I knew the address of someone stealing a card, and they wouldn't even send out the police - they just consider it cheaper to cancel the card and re-issue. I’ve reported a car dealership for putting a maximum credit card amount on the transaction (both minimums and maximums are prohibited by their agreement). I wrote a letter and of course nothing was done. I got a letter back from Visa saying that merchants can’t put a maximum amount, but of course nothing was enforced.

Credit card companies also don’t even pursue fraud unless it’s some massive scale. I’ve had cases where I knew the address of someone stealing a card, and they wouldn’t even send out the police – they just consider it cheaper to cancel the card and re-issue.

]]> By: K at Greenshield http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143111 K at Greenshield Fri, 05 Mar 2010 22:49:43 +0000 http://www.fivecentnickel.com/?p=4361#comment-143111 SOmetimes as writers we get so carried away trying to explain the difficult that we forget the very basic needs, like this. Thank you for this article. SOmetimes as writers we get so carried away trying to explain the difficult that we forget the very basic needs, like this. Thank you for this article.

]]> By: The Rat http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143101 The Rat Fri, 05 Mar 2010 22:46:38 +0000 http://www.fivecentnickel.com/?p=4361#comment-143101 I've never had to report a violations, but I've been contacted by VISA before because someone was trying to use my card number in another country. Nice post. I’ve never had to report a violations, but I’ve been contacted by VISA before because someone was trying to use my card number in another country.

Nice post.

]]> By: Ryan http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143051 Ryan Fri, 05 Mar 2010 21:24:25 +0000 http://www.fivecentnickel.com/?p=4361#comment-143051 The local ice cream shop started adding a 50 cent fee to debt/credit card transactions unless your order was over 5 dollars. I was ticked. I wish now that I would have said "Um...no thanks." and left, but I really wanted that ice cream cone at the time! The local ice cream shop started adding a 50 cent fee to debt/credit card transactions unless your order was over 5 dollars.

I was ticked. I wish now that I would have said “Um…no thanks.” and left, but I really wanted that ice cream cone at the time!

]]> By: PC http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-143041 PC Fri, 05 Mar 2010 20:30:14 +0000 http://www.fivecentnickel.com/?p=4361#comment-143041 I've previously understood about the 'cannot require a minimum purchase'. However, its interesting to learn that merchants cannot set a maximum credit card purchase amount. Is that really so ? Twice I have come across this when buying a car. There are two local car dealers who have specifically said that the maximum they would accept on a new car purchase, on a credit card, is $2000. I’ve previously understood about the ‘cannot require a minimum purchase’. However, its interesting to learn that merchants cannot set a maximum credit card purchase amount.
Is that really so ? Twice I have come across this when buying a car. There are two local car dealers who have specifically said that the maximum they would accept on a new car purchase, on a credit card, is $2000.

]]> By: priscilla http://www.fivecentnickel.com/2010/03/05/how-to-report-visa-and-mastercard-violations/comment-page-1/#comment-142911 priscilla Fri, 05 Mar 2010 17:13:39 +0000 http://www.fivecentnickel.com/?p=4361#comment-142911 I was all psyched when I found out that I could report merchants that required ID as I find being treated like a criminal insulting. The first and last call I made I was greeted like I was nuts and told to write a letter. I did and I received nothing back. Face it folks they don't care they don't have to. Welcome to the future! I was all psyched when I found out that I could report merchants that required ID as I find being treated like a criminal insulting. The first and last call I made I was greeted like I was nuts and told to write a letter. I did and I received nothing back. Face it folks they don’t care they don’t have to. Welcome to the future!

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