Advertisement

Anonymous

10 Feb 2020

∙

Are merchants legally allowed to impose extra 1-3% service charge/admin fees on consumers if the latter choose to pay using credit card?

Is this a legal act?

9

Discussion (9)

What are your thoughts?

Learn how to style your text

Ken K

10 Feb 2020

The card issuers frown against this practice but it's not illegal per se

Reply

Save

Chan seng hoong

08 Feb 2020

Yes, if it is within the terms and contracts with the card network they are using.

Reply

Save

pat

07 Feb 2020

As long as the fees are displayed / communicated upfront, it is legal. Just like GST, they must communicate the charges before payment is made.

Reply

Save

Barry Allen

07 Feb 2020

Tl;dr, yes it's legal but you can do your part to not buy from merchants that impose additional credit card levies.

Reply

Save

Boon Ming

06 Feb 2020

Engineering at Nanyang Technological University

To add-on to the answer from Aaron on "who holds the real power". Another great example is Budget Ca...

Write your thoughts

Related Posts

I would like to pay my school fees using my credit card but my credit card limit is $8K. Can I actually pay the full amount in a few installment using my credit card? ?

Credit Card Stacking to Pay Tax. Can I have 5 cards through 3rd party service to pay $1,000 monthly for my tax so I could maximise 4 miles card? Is that even possible?

DBS Altitude needs>2000/month to waive the annual fee, or pay 193 for annual fee and receive 10000 miles. Can I cancel the card after 1 year and reapply? Will it affect my credit score? Would you give $193 for 10000 miles a consideration? Thanks!?

Is there any credit cards that can be make use of to pay school fees? I am able to pay the bills but just wondering if I am able to reap any benefits like air miles etc..?

Would like to seek everyone's opinion on what credit card should i use to maximise the benefits. Mainly for paying 1) monthly insurance premiums 2) starhub bill 3) household electricity/water bill 4) very minor daily spending.?

Related Products

Standard Chartered Simply Cash Credit Card

4.2

170 Reviews

Standard Chartered Simply Cash Credit Card

Up to 1.5% on eligible spend

CASHBACK

Unlimited

CASHBACK CAP

$30,000

MINIMUM ANNUAL INCOME

UOB One Card

4.1

162 Reviews

DBS Altitude Visa Signature Card

4.3

97 Reviews

Related Posts

I would like to pay my school fees using my credit card but my credit card limit is $8K. Can I actually pay the full amount in a few installment using my credit card? ?

Credit Card Stacking to Pay Tax. Can I have 5 cards through 3rd party service to pay $1,000 monthly for my tax so I could maximise 4 miles card? Is that even possible?

DBS Altitude needs>2000/month to waive the annual fee, or pay 193 for annual fee and receive 10000 miles. Can I cancel the card after 1 year and reapply? Will it affect my credit score? Would you give $193 for 10000 miles a consideration? Thanks!?

Is there any credit cards that can be make use of to pay school fees? I am able to pay the bills but just wondering if I am able to reap any benefits like air miles etc..?

Would like to seek everyone's opinion on what credit card should i use to maximise the benefits. Mainly for paying 1) monthly insurance premiums 2) starhub bill 3) household electricity/water bill 4) very minor daily spending.?

Advertisement