Credit card surcharge now legal but may not happen - CBS46 News

Credit card surcharge now legal but may not happen

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ATLANTA (CBS46) -

Consumers might start seeing an added fee when using plastic to pay.

Merchants can pass on the so-called interchange fee they've paid to banks for years.

The U.S. District Court made the decision last year, which went into effect on Sunday.

The surcharge could be anywhere from 2 to 4 percent of the total credit card purchase.

CBS Atlanta News talked to consumers like Lacey Hays, who said passing on the fee would work against merchants.

"I could see it being problem for the retailers and the end of the day," Hays.

Hays said add-ons from retailers, grocers or restaurateurs could keep her from spending so much.

It's that kind of possible consumer backlash that industry insiders said will likely keep merchants from passing on the credit card surcharge.

CBS Atlanta News talked to managers from national retail chains to local boutiques who said they're not willing to act on the new ruling right now.

It's that kind of news that consumers like Kim Barger is banking on.

"I can't imagine given our economy and the additional payroll tax that we are now having to pay, that we could possible afford one more surcharge," said Barger.

If merchants choose to pass on the credit card fees, they have to post a sign in the front window.

However, the change does not affect debit card purchases, only credit cards.

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