Additional surcharge for Credit Card payments

January 27, 2013 12:00:00 AM PST
The next time you pay with a credit card outside of California it could cost you more.

As of today stores can legally charge you up to four percent more for using your credit card.

Retailers have always had to pay a fee to let you swipe but following a settlement with credit card companies stores can now pass the fee on to you.

Credit.com Chairman Adam Levin said, "This would probably be a greater impact to local merchants."

Some big retailers like Walmart have already announced they won't be passing on the surcharge to customers.

If a store is passing on the fees a sign must be posted in the store.

10 states, including California have already barred retailers from charging the fee.


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