Bank Deal: Earn 1.00% APY on an FDIC-insured savings account at Barclays Bank.
When I wrote last week about credit card surcharges, I noted that ten states have actually passed laws against such fees. This is in addition to the major card networks having banned them as part of their merchant agreement.
The ten states with laws against credit card surcharges include:
- New York
If you are hit with a credit card surcharge or other checkout fee in one of these states, you can contact the state’s Attorney General. Contact information can be found on the National Association of Attorneys General website (link).
As I noted in that original post, merchants can offer discounts for cash payments without getting in trouble with the credit card networks, and such discounts are also legal in most (if not all) of the states with a surcharge ban.
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