Petrol Surcharge for using credit cards to purchase petrol

Burning questions of the day answered by the Toyspeed populace

Moderator: The Mod Squad

Would you pay a surcharge for using a credit card to purchase petrol?

I check for surcharges and decline if there is one, go elsewhere
19
51%
Petrols expensive, who's checking anyway (accept blindly)
14
38%
If I was informed of a surchage, and provided with an explaination of it I would be happy to pay it
4
11%
 
Total votes : 37

Postby solitaire » Thu Feb 04, 2010 10:09 am

levinguy wrote:why would you pay for gas by credit card?!? its your own fault lol
again, for reward points and 60 day free credit.
AE92, KZJ120, KDJ120
User avatar
solitaire
Toyspeed Member
 
Posts: 3370
Joined: Fri Apr 21, 2006 9:06 am
Location: Orewa, Auckland

Postby Malcolm » Fri Mar 19, 2010 10:57 am

I pay for absolutely everything with my credit card - it actually makes a lot of sense. You're not charged interest on purchases for 60 days (as someone already mentioned), which means you can leave that money in another account, earning interest, then pay for all your purchases at the end of the period. Additionally, you don't pay any transaction fees (which can add up if you use an eftpos card 2-3 times a day), and can earn various reward points too.
User avatar
Malcolm
Toyspeed Member
 
Posts: 4631
Joined: Tue May 14, 2002 1:01 am
Location: Auckland

Postby FLAWLES » Fri Mar 19, 2010 11:28 am

from a reatilers point of view

everytime you lovely pple use your credit card it cost's the company that you are buying the goods off 3% of the total vaule

come august ( think its august or is it april mmm cant remember )we will be able to pass that sur-charge on to the customer

so the company doesnt lose out




you do

edit
mmmm i see they have changed it again.......... i must go find that eftpos letter regarding this matter........been meaning to re-read that




but yea why use a credit card when buying gass
silly silly
Last edited by FLAWLES on Fri Mar 19, 2010 11:39 am, edited 1 time in total.
User avatar
FLAWLES
Toyspeed Member
 
Posts: 1856
Joined: Sat Oct 11, 2003 11:26 am
Location: Hamilton

Postby xsspeed » Fri Mar 19, 2010 11:35 am

Rewards points broseph. Gunna pay for it anyway. May as well pay for it on credit card, pay it off on time, not charged interest, earn interest on money that is in savings in the meantime, and collect rewards points.

I already pay fee's for my credit card.

If a retailer doesn't want to wear the fee's for offering a guaranteed method of payment then why bother offering credit as an option?

Not a shot at you btw J, just debating
xsspeed
Toyspeed Member
 
Posts: 3940
Joined: Tue Aug 21, 2007 5:56 pm
Location: Auckland

Postby FLAWLES » Fri Mar 19, 2010 11:38 am

oh nah fully understand that man

in hind sight calling pple douches wasnt a fair call, i will edit it, found the letter tho, will have a scim read after lunch

lol i will class that as important work
User avatar
FLAWLES
Toyspeed Member
 
Posts: 1856
Joined: Sat Oct 11, 2003 11:26 am
Location: Hamilton

Postby xsspeed » Fri Mar 19, 2010 11:39 am

Customer research etc, :lol:
xsspeed
Toyspeed Member
 
Posts: 3940
Joined: Tue Aug 21, 2007 5:56 pm
Location: Auckland

Postby FLAWLES » Fri Mar 19, 2010 11:51 am

xsspeed wrote:Customer research etc, :lol:


yip hahaha

here we go in summary letter from eftpos nz

visa and mastercard are required to amend their rules in NZ to allow merchants to impose a fee for credit card transactions - a practice known as surcharging ANZ, N-bank must also offer customers new murchant sercive fee pricing options from april 2010


oh and the rules that govern this are

effective immediatley efpos nz merchant customers can now APPLY A SURCHARGE TO ALL VISA AND MASTERCARD transactions, how ever there are some ruls which govern how surcharges can be applied which you need to be aware of and must adibe by

* a surcharge may be applied as a percentage fee or a flat dollar amount and must be disclosed to the card holder prior to the completion of the transaction, you must give the card holder the opportunity to cancel said transaction

* the surcharge must be processed as part of the total amount of a transaction and not collected separatly

* the surcharge must bear a reasonable relationship to your costs of acceoting visa and mcard for payments



rest is about bright signage and not being able to blame mcard and visa for the surcharge

leter was dated 18 november 09 and takes effect asap


woops hahaha
User avatar
FLAWLES
Toyspeed Member
 
Posts: 1856
Joined: Sat Oct 11, 2003 11:26 am
Location: Hamilton

Postby THA SHZ » Fri Mar 19, 2010 3:54 pm

xsspeed wrote:If a retailer doesn't want to wear the fee's for offering a guaranteed method of payment then why bother offering credit as an option?

Not a shot at you btw J, just debating


Hmm cause us lovely retailers who supply a price and a great service to you , generally always get beaten down in price , so we lose money to the customer then the bank takes it off us aswell its kinda of a double dip against us ,
and if we dont offer the credit , then the nice little customers wil walk away , we dont want you to walk away , but we also dont wana get double stung , so now simply we are offering the package but if you want it , u pay , its kinda simple really .
We get hit even worse when its amex , diners , q card or farmers , unfortunately gone are the days of everyone paying by cash , its all electronic and it all costs.
Im the Daddy of the Mack Daddys ! :-)

http://toyspeed.blakjak.net/profiles/photos/861.jpg
User avatar
THA SHZ
Toyspeed Member
 
Posts: 2012
Joined: Wed May 12, 2004 5:48 pm
Location: Westside

Postby tsoob » Fri Mar 19, 2010 7:25 pm

THA SHZ wrote:
xsspeed wrote:If a retailer doesn't want to wear the fee's for offering a guaranteed method of payment then why bother offering credit as an option?

Not a shot at you btw J, just debating


Hmm cause us lovely retailers who supply a price and a great service to you , generally always get beaten down in price , so we lose money to the customer then the bank takes it off us aswell its kinda of a double dip against us ,
and if we dont offer the credit , then the nice little customers wil walk away , we dont want you to walk away , but we also dont wana get double stung , so now simply we are offering the package but if you want it , u pay , its kinda simple really .
We get hit even worse when its amex , diners , q card or farmers , unfortunately gone are the days of everyone paying by cash , its all electronic and it all costs.


Fully agree with pete here, at teh end of the day if you want your points you gonna have to pay for them, I mean really why should I pay for your points?

BTW im all for credit card use i put thru about 10k per month on mine, and get myself a nice little FREE holiday each yer on it why not? ill pay the surcharge if it means ill still get my holiday
Platinum Wheels
15 Parkway Drive
Mairangi Bay
09 486 5317
WHEELS, TYRES & SUSPENSION!
www.platinumwheels.co.nz
User avatar
tsoob
Toyspeed Member
 
Posts: 3253
Joined: Tue Dec 05, 2006 7:37 pm
Location: 201.1kw on 19psi

Previous

Return to Polls

Who is online

Users browsing this forum: No registered users and 3 guests

cron
Fatal: Not able to open ./cache/data_global.php