Anyone encounter surcharge 3% for using credit card in making payment?Been wondering nowadays why the charges was impose to us instead.Imagine for payment for over 1k will be = 3%+7% GST.
I was informed, purchase of product by credit card, the merchant are not allow to charge additional outright to the consumer.
If we(the consumer) complain to VISA, the merchant will be barred from using the system in their premises.
credit is double edges like many things in life.
IMO, as long as you are unable to settle full payment at the end of your transaction month, you are living on "borrow" money, which shouldn't be encourage.
I rather pay cash/nets, at least i know i am living within my means.
I was informed, purchase of product by credit card, the merchant are not allow to charge additional outright to the consumer.
If we(the consumer) complain to VISA, the merchant will be barred from using the system in their premises.
That is why I prefer nets or debit cards.
Cash is still the Best.
i just start work only,so dun have any cards,not qualify.
but i still prefer paying by cash for small amount and use debit card for large amount. at lease we use whatever we have and not on terms.
though it is quite attractive with those sign-up freebies and items that can be exchange by points earned thru usage.