Nine States Considering Ban on Credit Card Surcharges

February 13, 2013, Written By John H. Oldshue
Nine States Considering Ban on Credit Card Surcharges

A number of states are considering banning the surcharges that merchants can now put on credit card transactions.

Regulations went into effect on January 27 that allow merchants to impose a surcharge of up to 4 percent on any credit card transaction. Debit cards are exempt from this surcharge.

But surcharges on credit card transactions are already prohibited in ten states: California, Colorado, Connecticut, Florida, Kansas, Maine, Massachusetts, New York, Oklahoma and Texas.

According to American Banker, there are nine other states considering a ban: Illinois, Hawaii, New Jersey, Utah, Missouri, Pennsylvania, Rhode Island, Vermont and West Virginia.

A number of retailers have gone on record saying they will not implement the checkout fee, including Walmart, Target, Macy’s, Sears, McDonald’s, The Gap, JC Penney, Neiman Marcus, Home Depot and Lowe’s.

The information contained within this article was accurate as of February 13, 2013. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.

About John H. Oldshue

John Oldshue is the creator of He worked for over 15 years in television and won an Emmy award for his reporting. He covers credit card rate issues for
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