Shop Charges $.50 Fee For Credit Card Purchases Under $10

Shop Charges $.50 Fee For Credit Card Purchases Under $10

I spotted a coffee shop charging customer a $.50 for using a credit card on any purchase that is under $10. It doesn’t break any laws, but it does violate their agreement with the credit card companies. [More]

Chase Approves Transaction Anyway After Customer Declines Overdraft Protection

Chase Approves Transaction Anyway After Customer Declines Overdraft Protection

Paul opted not to sign up for Chase’s overdraft fee trap–oh wait, they call it “protection”–but Chase happily ignored this fact and approved a transaction anyway, which led to a $34 overdraft fee that they refuse to reverse. The loophole they’re using to get around Paul’s opt-out is that the vendor was someone he’d authorized in the past, and therefore this new transaction isn’t protected from the bank’s “protection” fee. [More]

Hey Stores! How About Offering Some Cash Back With That Receipt Check?

Hey Stores! How About Offering Some Cash Back With That Receipt Check?

In the comments to our most recent receipt check story, I noticed a reader argued that as long as the store wasn’t willing to reimburse him for his time, he wasn’t willing to give it to them. It makes sense; nothing in the marketplace is free, right? Why shouldn’t consumers be compensated for bag searches and receipt checks?
 
Another reader, Adam, suggested a similar idea in his email to us this morning. In fact, he thinks maybe the exiting-the-store moment could be a chance to make a little extra cash.

Beware Credit Cards Charging Foreign Transaction Fees On Domestic Purchases

Beware Credit Cards Charging Foreign Transaction Fees On Domestic Purchases

Banks are increasingly charging foreign transaction fees on domestic purchases, a dangerous practice that’s likely to expand as banks look for new ways to generate profit. Tripso tells us the story of Sunil, who bought tickets with Qatar airlines, which sounds ever so expensively foreign. Citi charged a 2% foreign transaction fee, even though the tickets were bought in U.S. dollars and processed by the airline’s central reservation system based in Washington D.C.

Apple Sells You The Wrong AppleCare Package, Then Loses Your Refund

Apple Sells You The Wrong AppleCare Package, Then Loses Your Refund

Apple sold reader Melody the wrong AppleCare package, but instead of switching her to the proper coverage, they issued a refund and told her to re-purchase the warranty extension. They even gave her American Express transaction reference numbers so she could track the refund, but AmEx says the numbers are invalid and that they have no record of a refund posting. Melody’s been out $195 since February, and thinks it’s time for Apple to cough up her money.

H&R Block's Refund Anticipation Loan Card Eats Your Refund

H&R Block's Refund Anticipation Loan Card Eats Your Refund

Poor Sam didn’t take our advice. He let H&R Block do his taxes and then took out a refund anticipation loan. The money, which was deposited on an H&R Block Emerald Card, is now tied up by several inexplicable holds for transactions he didn’t make. The companies supposedly holding the funds have no clue who Sam is, or why they’d be holding his money. H&R Block’s only response is to charge Sam $2 whenever he calls their customer service line for help.

Why Do Lenders Want You To Use Your Debit Card Like A Credit Card?

Why Do Lenders Want You To Use Your Debit Card Like A Credit Card?

A reader wants to know why Chase is pushing him so hard to use his debit card like a credit card when paying for things—they’re promoting a contest for people who do this, and on every insert or blank space in the paperwork that accompanied his newest card, they encourage him to always select “credit” over “debit” at checkout. Why?

Credit And Debit Card Breach May Affect Over 100 Million

Credit And Debit Card Breach May Affect Over 100 Million

The Washington Post has reported that Heartland Payment Systems, a payment processor that services “more than 250,000 businesses,” has had more than 100 million transactions compromised via malicious software that was installed on its network; it will likely turn out to be the largest data breach ever reported. The “good” news is that the criminals were only capturing credit card numbers, the names on the cards, and expiration dates—the info encoded onto the magnetic strip on the card. Because no addresses, SSNs or PINs were stolen, the prospect of full-blown identity theft is pretty small—which must explain why Heartland isn’t offering any sort of credit monitoring package as compensation. Instead, their CFO says, “We recognize and feel badly about the inconvenience this is going to cause consumers.”

Breaking Out In Song Is Now An Acceptable Way To Authorize Visa Purchases

Breaking Out In Song Is Now An Acceptable Way To Authorize Visa Purchases

Visa has revealed a darling new feature that will let consumers authorize debit transactions via song. It’s all part of Visa’s revised but always-exciting operating regulation 6.2.A.7.b, which now lets you “choose to sing to authorize a debit transaction.” Don’t worry if the merchant gives you an awkward look, they’re just sheepish about their cruddy singing skills. Sing louder to encourage them to join in the transaction-approving fun! (Thanks to Barbara!)

http://consumerist.com/2008/12/31/if-you-used-your-debit/

If you used your debit card at Macy’s on the Saturday before Christmas, you might have been charged twice.

Customer Gets Slapped With "Excessive Activity" Fee For Messing With Savings Account Too Much

Customer Gets Slapped With "Excessive Activity" Fee For Messing With Savings Account Too Much

Google Checkout Promises To Be Less Evil Than Paypal

Google Checkout Promises To Be Less Evil Than Paypal

Unlike Paypal, Google Checkout promises to not suddenly freeze your bank account.

Debit or Credit? The Cashier Doesn’t Know Either

Debit or Credit? The Cashier Doesn’t Know Either

Don’t the guys behind the counter know anything?

UPDATE: Requiring Minimum Credit Card Purchases is a Violation

UPDATE: Requiring Minimum Credit Card Purchases is a Violation

A day without ice cream is like a day without sunshine.

UPDATE: Requiring Minimum Credit Card Purchases is a Violation

UPDATE: Requiring Minimum Credit Card Purchases is a Violation

Amy’s Ice Cream has a new sign (right) that seems to say that the $10 minimum charge is suggested, not required. The sign we originally posted (left) was one a store manager had replaced the ‘official’ sign with, according to Steve.

UPDATE: Requiring Minimum Credit Card Purchases is a Violation

UPDATE: Requiring Minimum Credit Card Purchases is a Violation

Our article on the minimum credit card fees charged at Amy’s Ice Cream generated quite a little uproar. Amy is pictured, left, helping award Lonnie Williams with the “Best Transition” small business award in Austin. It’s made from left-over toffee ice cream.

New Debit Card Vulnerability

New Debit Card Vulnerability

Your debit card could be stolen and used without the thieves even having to hack your PIN code.