I use a debit card. So one day, I took a look at the receipt. There ws a line
item "Tax2", which was a 2% charge. When I asked, I found out that it's a fee
for using my debit card! Even for food! I'm done using WallyWorld.
--
Steve Clingerman
----------------------
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel
of envy, its inherent virtue is the equal sharing of misery." Sir Winston
Churchill

On Oct 15, 4:24*pm, Steve Clingerman > wrote:
> I use a debit card. So one day, I took a look at the receipt. There ws a line
> item "Tax2", which was a 2% charge. When I asked, I found out that it's a fee
> for using my debit card! Even for food! I'm done using WallyWorld.
> --
> Steve Clingerman
> ----------------------
> "Socialism is a philosophy of failure, the creed of ignorance, and the gospel
> of envy, its inherent virtue is the equal sharing of misery." Sir Winston
> Churchill

I don't shop there anyway.

On 10/15/2012 6:24 PM, Steve Clingerman wrote:
> I use a debit card. So one day, I took a look at the receipt. There ws a line
> item "Tax2", which was a 2% charge. When I asked, I found out that it's a fee
> for using my debit card! Even for food! I'm done using WallyWorld.

Hmm ... what if the debit card is used as a credit card, which is often
an option? Would WW's 2%-debit-card-use fee still apply if the
use-as-a-credit-card option is selected? That's something I just don't
know as I so rarely shop at WW and that's only as a last resort,
especially for food/groceries!

Sky

--

Ultra Ultimate Kitchen Rule - Use the Timer!
Ultimate Kitchen Rule -- Cook's Choice!!

On 10/15/2012 1:24 PM, Steve Clingerman wrote:
> I use a debit card. So one day, I took a look at the receipt. There ws a line
> item "Tax2", which was a 2% charge. When I asked, I found out that it's a fee
> for using my debit card! Even for food! I'm done using WallyWorld.
>

This could be the wave of the future - or not. It does cost the
merchants a percentage to be able to process debit and credit cards.
OTOH, processing cards makes sense because they tend to sell more of
whatever it is that they're selling.

It's not a good precedent. They want to have their cake and eat it too.
Maybe they should offer a discount for cash purchases instead. OTOH,
that's exactly what Walmart is doing.

On Oct 15, 6:45*pm, Sky > wrote:
> On 10/15/2012 6:24 PM, Steve Clingerman wrote:
>
> > I use a debit card. So one day, I took a look at the receipt. There ws a line
> > item "Tax2", which was a 2% charge. When I asked, I found out that it's a fee
> > for using my debit card! Even for food! I'm done using WallyWorld.
>
> Hmm ... what if the debit card is used as a credit card, which is often
> an option? *Would WW's 2%-debit-card-use fee still apply if the
> use-as-a-credit-card option is selected? *That's something I just don't
> know as I so rarely shop at WW and that's only as a last resort,
> especially for food/groceries!

The credit card companies would not allow such a fee if the card was
used as credit rather than debit.
>
> Sky
>
--Bryan

"Bryan" > wrote in message
...
On Oct 15, 6:45 pm, Sky > wrote:
> On 10/15/2012 6:24 PM, Steve Clingerman wrote:
>
> > I use a debit card. So one day, I took a look at the receipt. There ws a
> > line
> > item "Tax2", which was a 2% charge. When I asked, I found out that it's
> > a fee
> > for using my debit card! Even for food! I'm done using WallyWorld.
>
> Hmm ... what if the debit card is used as a credit card, which is often
> an option? Would WW's 2%-debit-card-use fee still apply if the
> use-as-a-credit-card option is selected? That's something I just don't
> know as I so rarely shop at WW and that's only as a last resort,
> especially for food/groceries!

The credit card companies would not allow such a fee if the card was
used as credit rather than debit.
>


but that is what the big antitrust settlement agreement kicking around now
is all about (in part)

Steve Clingerman wrote:
>
>I use a debit card. So one day, I took a look at the receipt. There ws a line
>item "Tax2", which was a 2% charge.

That's a very small penalty for being too ignorant to count cash...
consider that 2% fee a gift... for being too dumb to count cash you
really deserve a 6% penalty. Didn't yoose debiters ever think that
you're the selfish *******s who raise the price of consumer goods for
us who pay cash... I'm getting damn tired of having to carry yoose
ignoranus *******s, sheesh.

"Brooklyn1" <Gravesend1> wrote in message
...
> Steve Clingerman wrote:
>>
>>I use a debit card. So one day, I took a look at the receipt. There ws a
>>line
>>item "Tax2", which was a 2% charge.
>
> That's a very small penalty for being too ignorant to count cash...
> consider that 2% fee a gift... for being too dumb to count cash you
> really deserve a 6% penalty. Didn't yoose debiters ever think that
> you're the selfish *******s who raise the price of consumer goods for
> us who pay cash... I'm getting damn tired of having to carry yoose
> ignoranus *******s, sheesh.

I think most people in this area don't carry cash. At least that is what a
ton of people have told me. I saw a young lady check in at the Drs. office
the other day. She had no purse. Just her cell phone and a little sort of
container full of all sorts of cards. She had an insurance card and then
she paid her co-pay with another card. I almost always pay cash. I can't
tell you how many times recently that the cashiers have acted astounded and
said something like, "Oh! Cash! I don't see that often!"

For me, cash is just easier for so many reasons. I figure out how much I
need for the week, take it out and that is that. Very easy for me to see
how much I have left and if I can really afford some item that I might not
necessarily need. When you start using a debit or credit card for
everything it is far too easy to loose track of things. I do use cards to
buy stuff online.

On Mon, 15 Oct 2012 17:02:02 -0700, "Pico Rico"
> wrote:

>
>"Bryan" > wrote in message
...
>On Oct 15, 6:45 pm, Sky > wrote:
>> On 10/15/2012 6:24 PM, Steve Clingerman wrote:
>>
>> > I use a debit card. So one day, I took a look at the receipt. There ws a
>> > line
>> > item "Tax2", which was a 2% charge. When I asked, I found out that it's
>> > a fee
>> > for using my debit card! Even for food! I'm done using WallyWorld.
>>
>> Hmm ... what if the debit card is used as a credit card, which is often
>> an option? Would WW's 2%-debit-card-use fee still apply if the
>> use-as-a-credit-card option is selected? That's something I just don't
>> know as I so rarely shop at WW and that's only as a last resort,
>> especially for food/groceries!
>
>The credit card companies would not allow such a fee if the card was
>used as credit rather than debit.
>>
>
>
>but that is what the big antitrust settlement agreement kicking around now
>is all about (in part)
>

I'd still never shop at MalWart!|

John Kuthe...

On Mon, 15 Oct 2012 18:24:16 -0500, Steve Clingerman
> wrote:

>I use a debit card. So one day, I took a look at the receipt. There ws a line
>item "Tax2", which was a 2% charge. When I asked, I found out that it's a fee
>for using my debit card! Even for food! I'm done using WallyWorld.

I'd re-check on that. I doubt it is a fee, but my guess is the person
you asked has no clue.

Wal mart, in fact, is no issuing the Money Card. It can save a few
bucks for people that have no checking account.

On Mon, 15 Oct 2012 20:35:02 -0400, Brooklyn1 <Gravesend1> wrote:

>Steve Clingerman wrote:
>>
>>I use a debit card. So one day, I took a look at the receipt. There ws a line
>>item "Tax2", which was a 2% charge.
>
>That's a very small penalty for being too ignorant to count cash...
>consider that 2% fee a gift... for being too dumb to count cash you
>really deserve a 6% penalty. Didn't yoose debiters ever think that
>you're the selfish *******s who raise the price of consumer goods for
>us who pay cash... I'm getting damn tired of having to carry yoose
>ignoranus *******s, sheesh.


Like it or not, it is becoming more and more common. I see people
buying a $1.29 coffee and using a card.

There are many people that do not have the ability to open a checking
account or the math needed to maintain one. You can now cash your
paycheck at WalMart and have the funds applied to your Money Card. You
can have direct deposit to it also. Social Security is phasing out
checks too so you either have an account or they give you a debit
card.
https://www.walmartmoneycard.com/walmart

While it is easy to say WalMart is being an opportunist here, they are
better than the check cashing places that people have to go to now.

Bankers never had it so good. They will take 2% of all our purchases
in the future.

In article >, "Julie Bove" >
wrote:

> "Brooklyn1" <Gravesend1> wrote in message
> ...
> > Steve Clingerman wrote:
> >>
> >>I use a debit card. So one day, I took a look at the receipt. There ws a
> >>line
> >>item "Tax2", which was a 2% charge.
> >
> > That's a very small penalty for being too ignorant to count cash...
> > consider that 2% fee a gift... for being too dumb to count cash you
> > really deserve a 6% penalty. Didn't yoose debiters ever think that
> > you're the selfish *******s who raise the price of consumer goods for
> > us who pay cash... I'm getting damn tired of having to carry yoose
> > ignoranus *******s, sheesh.
>
> I think most people in this area don't carry cash. At least that is what a
> ton of people have told me. I saw a young lady check in at the Drs. office
> the other day. She had no purse. Just her cell phone and a little sort of
> container full of all sorts of cards. She had an insurance card and then
> she paid her co-pay with another card. I almost always pay cash. I can't
> tell you how many times recently that the cashiers have acted astounded and
> said something like, "Oh! Cash! I don't see that often!"

Heck, I can't remember the last time I saw a woman NOT carrying a purse. Where
do you think she carried her emergency tampons?


>
> For me, cash is just easier for so many reasons. I figure out how much I
> need for the week, take it out and that is that. Very easy for me to see
> how much I have left and if I can really afford some item that I might not
> necessarily need. When you start using a debit or credit card for
> everything it is far too easy to loose track of things. I do use cards to
> buy stuff online.

In article >, Sqwertz >
wrote:

> On Mon, 15 Oct 2012 22:49:30 -0400, Ed Pawlowski wrote:
>
> > On Mon, 15 Oct 2012 18:24:16 -0500, Steve Clingerman >
> > wrote:
> >
> >>I use a debit card. So one day, I took a look at the receipt. There ws a
> >>line item "Tax2", which was a 2% charge. When I asked, I found out that
> >>it's a fee for using my debit card! Even for food! I'm done using
> >>WallyWorld.
> >
> > I'd re-check on that. I doubt it is a fee, but my guess is the person you
> > asked has no clue.
> >
> > Wal mart, in fact, is no issuing the Money Card. It can save a few bucks
> > for people that have no checking account.
>
> Their newest prepaid debit card is Bluebird. Which as far as I can tell is
> comparable to the cheapest bank-issued debit card with direct deposit
> enabled. I don't know what their "network ATM"s are, which may be the only
> drawback (Woodforest is the name of their branded bank here in TX at least,
> and the ATMs only exist in the stores).
>
> Anyway - Walmart is not going to charge a 2% fee for debit card transactions
> when no other retailer is doing that. They probably get the lowest
> processing fees in the retail world and don't need to charge the extra 2%.
>
> -sw

oh come on, you can never have too much money. it's not like they'd lose many
customers if they did charge extra

On 10/15/2012 11:01 PM, Ed Pawlowski wrote:
> On Mon, 15 Oct 2012 20:35:02 -0400, Brooklyn1 <Gravesend1> wrote:
>
>> Steve Clingerman wrote:
>>>
>>> I use a debit card. So one day, I took a look at the receipt. There ws a line
>>> item "Tax2", which was a 2% charge.
>>
>> That's a very small penalty for being too ignorant to count cash...
>> consider that 2% fee a gift... for being too dumb to count cash you
>> really deserve a 6% penalty. Didn't yoose debiters ever think that
>> you're the selfish *******s who raise the price of consumer goods for
>> us who pay cash... I'm getting damn tired of having to carry yoose
>> ignoranus *******s, sheesh.
>
>
> Like it or not, it is becoming more and more common. I see people
> buying a $1.29 coffee and using a card.

I don't care for banks that much or abusing an honest business person
who just made nothing on that purchase. I always carry sufficient cash
for the days normal purchases.

>
> There are many people that do not have the ability to open a checking
> account or the math needed to maintain one. You can now cash your
> paycheck at WalMart and have the funds applied to your Money Card. You
> can have direct deposit to it also. Social Security is phasing out
> checks too so you either have an account or they give you a debit
> card.
> https://www.walmartmoneycard.com/walmart
>
> While it is easy to say WalMart is being an opportunist here, they are
> better than the check cashing places that people have to go to now.
>
> Bankers never had it so good. They will take 2% of all our purchases
> in the future.
>
That is the design intent for "rewards cards" etc. Get everyone hooked
on using cards so the banks are permanently inserted into and get a cut
of every transaction.

On 15/10/2012 8:35 PM, Brooklyn1 wrote:

> That's a very small penalty for being too ignorant to count cash...
> consider that 2% fee a gift... for being too dumb to count cash you
> really deserve a 6% penalty. Didn't yoose debiters ever think that
> you're the selfish *******s who raise the price of consumer goods for
> us who pay cash... I'm getting damn tired of having to carry yoose
> ignoranus *******s, sheesh.
>


I don't need to carry large amounts of cash because I have a debit
card.If I go shopping and have $100 and something costs more than that,
I won't be able to buy it. I can spend time and bur gas to go to the
bank. I could charge it, but credit card companies charge a percentage
of the total, which cuts into their profit. Debit charges a small fee
per use. Being a senior, I pay no fees.

Oh well... there is yet another reason not to shop at WalMart.

On Tue, 16 Oct 2012 10:59:25 -0400, Dave Smith
> wrote:

>On 15/10/2012 8:35 PM, Brooklyn1 wrote:
>
>> That's a very small penalty for being too ignorant to count cash...
>> consider that 2% fee a gift... for being too dumb to count cash you
>> really deserve a 6% penalty. Didn't yoose debiters ever think that
>> you're the selfish *******s who raise the price of consumer goods for
>> us who pay cash... I'm getting damn tired of having to carry yoose
>> ignoranus *******s, sheesh.
>>
>
>
>I don't need to carry large amounts of cash because I have a debit
>card.If I go shopping and have $100 and something costs more than that,
>I won't be able to buy it. I can spend time and bur gas to go to the
>bank. I could charge it, but credit card companies charge a percentage
>of the total, which cuts into their profit. Debit charges a small fee
>per use. Being a senior, I pay no fees.
>
>Oh well... there is yet another reason not to shop at WalMart.


WalMart has been trying to get into the banking and financial services
business for years. They have been thwarted on many of these attempts,
but are doing it anyway, by back door, and have recently partnered
with AmEx to sponsor a pre-paid debit card. Their aim is to target
lower income people, who are what is referred to as "unbanked," that
is, they don't have the usual bank accounts that offer debit cards and
direct bill paying.

The card is called Bluebird and you can read up on it online in many
places. The accounts will take direct deposit, check deposits by
smartphone photos, allow bill payments, ATM withdrawals,etc.

And there have been changes in both credit and debit card industries
lately over the passing along of fees for use. It will happen at most
retailers soon, in states that allow such passalongs. Not all states
do as yet, but it is all in flux.

Boron

On Mon, 15 Oct 2012 20:08:32 -0700, "Malcom \"Mal\" Reynolds"
> wrote:

>In article >, "Julie Bove" >
>wrote:
>
>> "Brooklyn1" <Gravesend1> wrote in message
>> ...
>> > Steve Clingerman wrote:
>> >>
>> >>I use a debit card. So one day, I took a look at the receipt. There ws a
>> >>line
>> >>item "Tax2", which was a 2% charge.
>> >
>> > That's a very small penalty for being too ignorant to count cash...
>> > consider that 2% fee a gift... for being too dumb to count cash you
>> > really deserve a 6% penalty. Didn't yoose debiters ever think that
>> > you're the selfish *******s who raise the price of consumer goods for
>> > us who pay cash... I'm getting damn tired of having to carry yoose
>> > ignoranus *******s, sheesh.
>>
>> I think most people in this area don't carry cash. At least that is what a
>> ton of people have told me. I saw a young lady check in at the Drs. office
>> the other day. She had no purse. Just her cell phone and a little sort of
>> container full of all sorts of cards. She had an insurance card and then
>> she paid her co-pay with another card. I almost always pay cash. I can't
>> tell you how many times recently that the cashiers have acted astounded and
>> said something like, "Oh! Cash! I don't see that often!"
>
>Heck, I can't remember the last time I saw a woman NOT carrying a purse. Where
>do you think she carried her emergency tampons?
>
>
>>
>> For me, cash is just easier for so many reasons. I figure out how much I
>> need for the week, take it out and that is that. Very easy for me to see
>> how much I have left and if I can really afford some item that I might not
>> necessarily need. When you start using a debit or credit card for
>> everything it is far too easy to loose track of things. I do use cards to
>> buy stuff online.

I always use cash for mundane purchases; groceries, gas, most
everything. The only time I use a credit card is for high end items
that come with a warranty and for on line purchases naturally, and I
always pay my full balance at the end of the month, I've never paid a
cent in interest. I've never used a debit card, they are a gimmick
for cleaning out the low IQer's checking accounts... nearly every time
I'm behind a debiter on line they need to put back some items, they
put back the meat, the eggs, the cheese, but keep the beer. I've
never used an ATM either, another robot designed to empty the low
IQer's account trickle by trickle, I know several people who use ATMs
several times a day, $20 at a time, until finally they're out of money
and the month still has a week to go. I need to conduct bank business
about once a month anyway, that's when I withdraw enough cash to last
me at least a month or two... if by now I don't know how much cash I
need for a month then it's time I sign myself in to an institution.
Actually I keep more than a year's cash at home, so whenever I leave
home I check my wallet and top it up. With today's Obomination
interest rates I don't concern myself about any loss by carrying cash.

On Tue, 16 Oct 2012 10:59:25 -0400, Dave Smith
> wrote:

>On 15/10/2012 8:35 PM, Brooklyn1 wrote:
>
>> That's a very small penalty for being too ignorant to count cash...
>> consider that 2% fee a gift... for being too dumb to count cash you
>> really deserve a 6% penalty. Didn't yoose debiters ever think that
>> you're the selfish *******s who raise the price of consumer goods for
>> us who pay cash... I'm getting damn tired of having to carry yoose
>> ignoranus *******s, sheesh.
>
>I don't need to carry large amounts of cash because I have a debit
>card.If I go shopping and have $100 and something costs more than that,
>I won't be able to buy it.

Where do you live that $100 is a large amount of cash... and if you
know you are going shopping why can't you bring enough cash and some
extra to cover your expected purchases. I can stop off to buy
birdseed and drop over $100 easy, and I pay cash because I get a 5%
discount over using Visa... many businesses nowadyas give a discount
for cash, I save 6% at the gas station, with today's gas prices that
adds up fast. How many times have you gone grocery shopping that you
haven't a clue about approximately how much you expect to spend, I
always drop $300-$400 on groceries and that doesn't include meat.
Nowadays $100 is chump change for a teenager, how old are you, twelve?
Even were I not going shopping I wouldn't start my car without a
minimum of $500 in my pocket... driving an autombile is a huge
responsibility, can never know what will occur out on the road, may
even see a great buy at a yard sale.

Ed Pawlowski wrote:
> On Mon, 15 Oct 2012 18:24:16 -0500, Steve Clingerman
> > wrote:
>
>> I use a debit card. So one day, I took a look at the receipt. There ws a line
>> item "Tax2", which was a 2% charge. When I asked, I found out that it's a fee
>> for using my debit card! Even for food! I'm done using WallyWorld.
>
> I'd re-check on that. I doubt it is a fee, but my guess is the person
> you asked has no clue.
>
> Wal mart, in fact, is no issuing the Money Card. It can save a few
> bucks for people that have no checking account.


It's probably a city or county tax.

Bob

On Tue, 16 Oct 2012 11:50:31 -0500, Sqwertz >
wrote:

>On Tue, 16 Oct 2012 08:31:18 -0400, George wrote:
>
>> That is the design intent for "rewards cards" etc. Get everyone hooked
>> on using cards so the banks are permanently inserted into and get a cut
>> of every transaction.
>
>How are reward cards connected to bank cards? Other than that they're
>both plastic. You're not implying that rewards cards make people want
>to use bank cards more, are you?
>
>-sw


Not like the supermarket reward cars. He is talking about credit cards
that give cash back or airline miles type of rewards.

Sqwertz > wrote:
> On Tue, 16 Oct 2012 22:58:36 -0400, Ed Pawlowski wrote:
>
>> On Tue, 16 Oct 2012 11:50:31 -0500, Sqwertz >
>> wrote:
>>
>>> On Tue, 16 Oct 2012 08:31:18 -0400, George wrote:
>>>
>>>> That is the design intent for "rewards cards" etc. Get everyone hooked
>>>> on using cards so the banks are permanently inserted into and get a cut
>>>> of every transaction.
>>>
>>> How are reward cards connected to bank cards? Other than that they're
>>> both plastic. You're not implying that rewards cards make people want
>>> to use bank cards more, are you?
>>
>> Not like the supermarket reward cars. He is talking about credit cards
>> that give cash back or airline miles type of rewards.
>
> Ahh, I get it. Thanks. So many retailers call heir loyalty cards some
> sort of rewards card.
>
> -sw

The only reward worth mentioning for me is my rite aid. I currently get 20%
off everything, plus been getting additional $5 when I buy something. Been
like that, but goes down to 10% at end of year.

I I have not heard here if there is anything different using debit card as
credit, which I most always do.

Greg

"gregz" > wrote in message
...
> Sqwertz > wrote:
>> On Tue, 16 Oct 2012 22:58:36 -0400, Ed Pawlowski wrote:
>>
>>> On Tue, 16 Oct 2012 11:50:31 -0500, Sqwertz >
>>> wrote:
>>>
>>>> On Tue, 16 Oct 2012 08:31:18 -0400, George wrote:
>>>>
>>>>> That is the design intent for "rewards cards" etc. Get everyone hooked
>>>>> on using cards so the banks are permanently inserted into and get a
>>>>> cut
>>>>> of every transaction.
>>>>
>>>> How are reward cards connected to bank cards? Other than that they're
>>>> both plastic. You're not implying that rewards cards make people want
>>>> to use bank cards more, are you?
>>>
>>> Not like the supermarket reward cars. He is talking about credit cards
>>> that give cash back or airline miles type of rewards.
>>
>> Ahh, I get it. Thanks. So many retailers call heir loyalty cards some
>> sort of rewards card.
>>
>> -sw
>
> The only reward worth mentioning for me is my rite aid. I currently get
> 20%
> off everything, plus been getting additional $5 when I buy something. Been
> like that, but goes down to 10% at end of year.
>
> I I have not heard here if there is anything different using debit card as
> credit, which I most always do.
>
> Greg

I like CVS and get a lot of Extra Bucks there, but not so much at Rite-Aid
since they've introduced their Wellness Card. I just really don't shop there
much. I have been mostly a cash person all my life, but when BOA started
with the cash rewards card, I use that for just about everything now,
including my monthly utilities, subcriptions etc. I pay in full each month
and the cash rewards start adding up quickly. That's my best reward.

Cheri

zxcvbob wrote:
> Ed Pawlowski wrote:
>> On Mon, 15 Oct 2012 18:24:16 -0500, Steve Clingerman
>> > wrote:
>>
>>> I use a debit card. So one day, I took a look at the receipt. There ws a
line
>>> item "Tax2", which was a 2% charge. When I asked, I found out that it's a
fee
>>> for using my debit card! Even for food! I'm done using WallyWorld.
>>
>> I'd re-check on that. I doubt it is a fee, but my guess is the person
>> you asked has no clue.
>>
>> Wal mart, in fact, is no issuing the Money Card. It can save a few
>> bucks for people that have no checking account.
>
>
> It's probably a city or county tax.
>
> Bob

No, it's not. Here in Nogales, Az there is 9.2% sales tax on non-food items
(all the taxes are lumped in - State, and City). That's the "Tax1" in the
receipt. The "Tax2" is a debit card fee. I know for 2 reasons:
1. I asked, and
2. I went back and used cash and there's not a "Tax2" on the receipt.

Steve Clingerman > wrote:
> zxcvbob wrote:
>> Ed Pawlowski wrote:
>>> On Mon, 15 Oct 2012 18:24:16 -0500, Steve Clingerman
>>> > wrote:
>>>
>>>> I use a debit card. So one day, I took a look at the receipt. There ws a
> line
>>>> item "Tax2", which was a 2% charge. When I asked, I found out that it's a
> fee
>>>> for using my debit card! Even for food! I'm done using WallyWorld.
>>>
>>> I'd re-check on that. I doubt it is a fee, but my guess is the person
>>> you asked has no clue.
>>>
>>> Wal mart, in fact, is no issuing the Money Card. It can save a few
>>> bucks for people that have no checking account.
>>
>>
>> It's probably a city or county tax.
>>
>> Bob
>
> No, it's not. Here in Nogales, Az there is 9.2% sales tax on non-food items
> (all the taxes are lumped in - State, and City). That's the "Tax1" in the
> receipt. The "Tax2" is a debit card fee. I know for 2 reasons:
> 1. I asked, and
> 2. I went back and used cash and there's not a "Tax2" on the receipt.

Did you use it as credit or debit ?

Greg

"Sqwertz" > wrote in message
...

They definitely are not doing this in Central Florida,
not for a while, at least.

pavane

On 10/18/2012 1:59 PM, Sqwertz wrote:

> Credit card processors are only allowed to charge merchants a maximum
> of $.21 per transaction, regardless of the amount of the transaction.

Partially correct. There is a "Transaction fee" that can't be higher
than 21 cents per transaction, but then there is the merchant fee which
is 2 to 5 % of the total sale and that goes to the credit card company.
2% to 2.5% is common, but large volume merchants can negotiate a lower
rate, as can merchants who typically have big-ticket sales (like
furniture and appliance stores, etc.)

There are also Monthly fees that a merchant may have to pay.

George L

On 10/18/2012 5:33 PM, Sqwertz wrote:
> But these are debit cards. My understanding is there is no percentage
> fee on debit cards, only credit cards. But any monthly subscription
> fees would still apply (that covers both debit and credit card
> processing).


Most debit card have a VISA or MasterCard logo on them and are processed
just like credit cards. Basically, debit cards have the same fee
structure as credit cards.


> Otherwise, what would the use of setting a cap on the debit swipe fee
> if processors could turn around and raise the percentage to make it
> even more expensive. And they would, too, just out of spite for the
> Feds regulating them.

Bingo... give that man a prize. Legislation on banks and financial
institutions often take with one hand and give with the other. Google
how much campaign contributions these companies make every year... to
both parties.

George L

On 10/18/2012 6:33 PM, Sqwertz wrote:
> On Thu, 18 Oct 2012 16:03:25 -0500, George Leppla wrote:
>
>> On 10/18/2012 1:59 PM, Sqwertz wrote:
>>
>>> Credit card processors are only allowed to charge merchants a maximum
>>> of $.21 per transaction, regardless of the amount of the transaction.
>>
>> Partially correct. There is a "Transaction fee" that can't be higher
>> than 21 cents per transaction, but then there is the merchant fee which
>> is 2 to 5 % of the total sale and that goes to the credit card company.
>> 2% to 2.5% is common, but large volume merchants can negotiate a lower
>> rate, as can merchants who typically have big-ticket sales (like
>> furniture and appliance stores, etc.)
>>
>> There are also Monthly fees that a merchant may have to pay.
>
> But these are debit cards. My understanding is there is no percentage
> fee on debit cards, only credit cards. But any monthly subscription
> fees would still apply (that covers both debit and credit card
> processing).
>
> Otherwise, what would the use of setting a cap on the debit swipe fee
> if processors could turn around and raise the percentage to make it
> even more expensive. And they would, too, just out of spite for the
> Feds regulating them.
>
> -sw
>

Well we will just need to punish them by bailing them out the next time
their pirate activities help tank the economy. We can call it "really
too big to fail"...

gregz wrote:
> Steve Clingerman > wrote:
>> zxcvbob wrote:
>>> Ed Pawlowski wrote:
>>>> On Mon, 15 Oct 2012 18:24:16 -0500, Steve Clingerman
>>>> > wrote:
>>>>
>>>>> I use a debit card. So one day, I took a look at the receipt. There ws a
>> line
>>>>> item "Tax2", which was a 2% charge. When I asked, I found out that it's
a
>> fee
>>>>> for using my debit card! Even for food! I'm done using WallyWorld.
>>>>
>>>> I'd re-check on that. I doubt it is a fee, but my guess is the person
>>>> you asked has no clue.
>>>>
>>>> Wal mart, in fact, is no issuing the Money Card. It can save a few
>>>> bucks for people that have no checking account.
>>>
>>>
>>> It's probably a city or county tax.
>>>
>>> Bob
>>
>> No, it's not. Here in Nogales, Az there is 9.2% sales tax on non-food items
>> (all the taxes are lumped in - State, and City). That's the "Tax1" in the
>> receipt. The "Tax2" is a debit card fee. I know for 2 reasons:
>> 1. I asked, and
>> 2. I went back and used cash and there's not a "Tax2" on the receipt.
>
> Did you use it as credit or debit ?
>
> Greg

As a debit.

My recent episode on paying cash.
Saw a big price difference at a gas stop if we paid cash vs. credit card. Waltzed in and told guy dh was filling it up. He still wanted cash on the barrel head. Not knowing how much dh'd pump, I gave him about half of what I was sure it would be. Out to the pump and explaining to dh. He wanted to fill it. Back in again - again guessing what it'd take. Gave more money.. Back outside...get my point?
All that guesswork, footwork.....is it worth it to save a buck?

At least the guy was honest and gave me my change. Royal hassle, tho. Had there been a line of customers, I"d prob. still be there.

Gimme my pay at the pump and then I'm on my way. I'll pay the higher price..

The past 6mos I have been clearly targeted at Dollar General and Walmart
(Hey, you shop at what's available and strategically located.)

I buy pop at Dollar General because I can park 10feet away. I buy dried
goods and merchandise at Walmart. A third store for meat. A 4th store
for fresh produce and bakery. Similar process for pet items-every store
sells something different.

Dollar General will blankly tell me they dont accept my particular
"brand" of Visa card (snort!) and ask me for a debit card-they don't
pull this 100% of the time, and my same card works just fine the other
times, so when they do pull it I just say "Let me know when its fixed"
and I stalk out leaving them to restock my merchandise.

It is infuriating because they imply to other customers in line that you
are a deadbeat whose card won't go thru. I have one card only and pay it
in full every month.

Walmart will make me swipe my Visa charge card 3 times claiming it wont
go thru (but never until I have put it back in my purse and have to pull
it out again.) Funny how the same card works just fine 100% of my
swipes....elsewhere.

Last time Walmart was 4mos ago I was so angry at the checkout clerk who
was so clearly telling lies with a smirk (watch to see if they actually
put their hand up on the keys to push the credit key after you swipe)
that I said "That's it I am never shopping here again." and walked out
leaving the cart and sacks of food.

My local high-priced grocery store gets more of my business as a result.

I did sneak back in to Walmart at 1am this morning to buy 2 frozen bags
of "Treasures of the Sea" lightly breaded flounder-hey, I was having
withdrawal pains.

While we are talking off-topic, how many of you are fed up with being
quizzed about your purchases by the checkout clerk? If corporate America
wants to tell workers to smile at the customer, I am all for it, but I
am fed up with being quizzed about my cat because I am buying cat food!
Young man in Target asked me if I have a cat the other day because I was
buying cat litter. A clerk in some forgotted store commented on the
lucky birds when I bought a bag of bird food.

I hate much of America (today.) Bring back the America I loved!

"z z" > wrote in message
...
>
> While we are talking off-topic, how many of you are fed up with being
> quizzed about your purchases by the checkout clerk? If corporate America
> wants to tell workers to smile at the customer, I am all for it, but I
> am fed up with being quizzed about my cat because I am buying cat food!
> Young man in Target asked me if I have a cat the other day because I was
> buying cat litter. A clerk in some forgotted store commented on the
> lucky birds when I bought a bag of bird food.

just tell them it is for you.

On 10/18/2012 7:41 PM, Sqwertz wrote:
> On Thu, 18 Oct 2012 17:52:31 -0500, George Leppla wrote:
>
>> >On 10/18/2012 5:33 PM, Sqwertz wrote:
>>> >>But these are debit cards. My understanding is there is no percentage
>>> >>fee on debit cards, only credit cards. But any monthly subscription
>>> >>fees would still apply (that covers both debit and credit card
>>> >>processing).
>> >
>> >Most debit card have a VISA or MasterCard logo on them and are processed
>> >just like credit cards.


> That's just not true. When run as a debit card the money is yanked
> right out of your account instantly.

Yes, it is true that most debit cards have a Visa or MasterCard logo on
them (at least in the US). Those companies charge your local bank to
process the transaction. There are exceptions, but the vast majority of
debit cards are backed by one of the major credit card companies. When
you do a credit card OR Debit card transaction, the money is charged
immediately. I can process a customer's payment for a cruise and get
instant confirmation that the charge has been applied... no matter if
the card is credit or debit.

You kind of have to remember that I do these all day as part of my job.

>> >Basically, debit cards have the same fee structure as credit cards.
> Sorry. I don't buy that. And nothing in my research for the purposes
> of this discussion leads me to believe this.


So you don't believe it but you can't find anything to back you up.
Maybe because it isn't there? Not a totally complete article, but try
http://en.wikipedia.org/wiki/Debit_card

George L

On 10/18/2012 8:41 PM, z z wrote:

> While we are talking off-topic, how many of you are fed up with being
> quizzed about your purchases by the checkout clerk? If corporate America
> wants to tell workers to smile at the customer, I am all for it, but I
> am fed up with being quizzed about my cat because I am buying cat food!

I once withdrew a large amount of cash from my bank account... large
enough that the teller had to get a supervisor's OK. The branch manager
asked me to her office to complete the transaction but first asked me
why I was withdrawing the money. I politely told her it wasn't any of
her business.

She went on to say that they were only looking out for my well-being,
protecting me from any possible scams and then ominously told me that a
cash transaction this size would have to be reported to the IRS. (any
transaction over $10K is automatically reported anyway).

I told her that if I didn't have my money in a few minutes, I would
drive to the main office and find someone there who could explain to me
why I couldn't have access to MY money.

End of discussion. She processed the transaction.

George L

"z z" > wrote
>
> While we are talking off-topic, how many of you are fed up with being
> quizzed about your purchases by the checkout clerk? If corporate America
> wants to tell workers to smile at the customer, I am all for it, but I
> am fed up with being quizzed about my cat because I am buying cat food!
> Young man in Target asked me if I have a cat the other day because I was
> buying cat litter.

If you weren't on drugs you'd have realized he was working up to
hitting on you for some pussy. There's definitely something the
matter with you... in all the years I've bought cat litter not once
was I asked if I have a cat... no, I'm buying six 30 pound buckets of
cat litter because it's for me to poop n'pee in a plastic pan. lol

On Fri, 19 Oct 2012 08:11:32 -0500, George Leppla
> wrote:

>On 10/18/2012 8:41 PM, z z wrote:
>
>> While we are talking off-topic, how many of you are fed up with being
>> quizzed about your purchases by the checkout clerk? If corporate America
>> wants to tell workers to smile at the customer, I am all for it, but I
>> am fed up with being quizzed about my cat because I am buying cat food!
>
>I once withdrew a large amount of cash from my bank account... large
>enough that the teller had to get a supervisor's OK. The branch manager
>asked me to her office to complete the transaction but first asked me
>why I was withdrawing the money. I politely told her it wasn't any of
>her business.
>
>She went on to say that they were only looking out for my well-being,
>protecting me from any possible scams and then ominously told me that a
>cash transaction this size would have to be reported to the IRS. (any
>transaction over $10K is automatically reported anyway).
>
>I told her that if I didn't have my money in a few minutes, I would
>drive to the main office and find someone there who could explain to me
>why I couldn't have access to MY money.
>
>End of discussion. She processed the transaction.
>
>George L

When you open a bank account somewhere in the fine print it will say
that for *cash* withdrawals over like say $1,000.00 they may require
24 hours advance notice. A bank is under no obligation to hand over a
large sum of cash, they can insist you accept a bank check. ATMs also
limit the amount of cash one can receive from a particular account in
a 24 hour period, last I heard the max was $500.00, but that was
several years ago and since I have never used an ATM I only heard that
amount second hand.

On 19/10/2012 6:02 PM, Brooklyn1 wrote:

> When you open a bank account somewhere in the fine print it will say
> that for *cash* withdrawals over like say $1,000.00 they may require
> 24 hours advance notice. A bank is under no obligation to hand over a
> large sum of cash, they can insist you accept a bank check. ATMs also
> limit the amount of cash one can receive from a particular account in
> a 24 hour period, last I heard the max was $500.00, but that was
> several years ago and since I have never used an ATM I only heard that
> amount second hand.
>


I took out $5,000 cash from my savings account last month. No hassles. I
know there are limits on ATM withdrawals, I think $300 at a time and
about $500 per day. It can be a hassle when travelling because you
usually get hit with fees with telling with ATMs from foreign banks, and
they are applied per use. They give much better exchange rates, but you
have to take out enough at a time to make it worth the transaction fee.
The more you can take out at a time the less you are going to pay in fees.

On 10/19/2012 5:02 PM, Brooklyn1 wrote:
> When you open a bank account somewhere in the fine print it will say
> that for*cash* withdrawals over like say $1,000.00 they may require
> 24 hours advance notice.

You are correct. Since this was a small branch office, I had called a
few days earlier to tell them I would be withdrawing the cash.


>A bank is under no obligation to hand over a
> large sum of cash, they can insist you accept a bank check.

No, you are wrong. As long as you give them enough notice, they have to
give you cash if you request it.

http://ncrenegade.com/editorial/on-b...ann-barnhardt/
http://wiki.answers.com/Q/Maximum_ca...ank_account_US

Banks do have the right to limit the amount of cash you can withdraw
from an ATM. With my bank, it is $400 cash per day.

George L

On 10/19/2012 6:02 PM, Brooklyn1 wrote:
> On Fri, 19 Oct 2012 08:11:32 -0500, George Leppla
> > wrote:

>> I once withdrew a large amount of cash from my bank account... large
>> enough that the teller had to get a supervisor's OK. The branch manager
>> asked me to her office to complete the transaction but first asked me
>> why I was withdrawing the money. I politely told her it wasn't any of
>> her business.

> When you open a bank account somewhere in the fine print it will say
> that for *cash* withdrawals over like say $1,000.00 they may require
> 24 hours advance notice.

It's true. Commercial banks take in a lot of cash and it generally
wouldn't be a problem, within reason. Other banks actually pay
commercial banks to supply them with cash, as they deal mostly with
checks and smaller cash deposits. If you want a large sum in cash,
wouldn't hurt to call ahead. I would say over $5G, but then it's been a
long time since I was a bank teller, that might be a piddling sum
these days. Even 15 years ago, a teller told me I should have called
ahead for $3500 cash.

nancy

On Fri, 19 Oct 2012 18:12:49 -0400, Dave Smith
> wrote:

>On 19/10/2012 6:02 PM, Brooklyn1 wrote:
>
>> When you open a bank account somewhere in the fine print it will say
>> that for *cash* withdrawals over like say $1,000.00 they may require
>> 24 hours advance notice. A bank is under no obligation to hand over a
>> large sum of cash, they can insist you accept a bank check. ATMs also
>> limit the amount of cash one can receive from a particular account in
>> a 24 hour period, last I heard the max was $500.00, but that was
>> several years ago and since I have never used an ATM I only heard that
>> amount second hand.
>>
>
>
>I took out $5,000 cash from my savings account last month. No hassles.

Like I said, they *may* require 24 hours advance notice. There are
times when banks don't have large sums of cash on hand for disbursing,
they often take inventory so much of their cash is packaged and sealed
for audit.

>I know there are limits on ATM withdrawals, I think $300 at a time and
>about $500 per day. It can be a hassle when travelling because you
>usually get hit with fees with telling with ATMs from foreign banks, and
>they are applied per use. They give much better exchange rates, but you
>have to take out enough at a time to make it worth the transaction fee.
>The more you can take out at a time the less you are going to pay in fees.