Not Logged In Log In   Sign Up   Points Leaders
Follow Us    4:56 AM

Message Forum - Read Message

Category: General Gas Talk > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: Higher Credit card price Back to Topics
hutch72

Rookie Author
Maryland

Posts:49
Points:1,037,190
Joined:Jan 2011
Message Posted: Mar 22, 2013 10:02:32 AM

If a station charges you a Higher price to use your credit card do you still use it? I leave and go to another station.
REPLIES (newest first) Post a Reply
Profile Pic
Arnsaks
Veteran Author Indiana

Posts:251
Points:738,025
Joined:Mar 2012
Message Posted: Aug 21, 2013 10:11:18 AM

I drive away... Unless I'm running on fumes. Than I put in $2.00 worth.
Profile Pic
PaylessKY
Champion Author Kentucky

Posts:11,375
Points:2,193,450
Joined:Oct 2008
Message Posted: Aug 21, 2013 10:03:32 AM

Most stations I see only show one price per grade on the signs. If they offer a cash discount, I still come out better using a 5% rewards card.
Profile Pic
Maxer105
Champion Author New Jersey

Posts:4,266
Points:604,490
Joined:Jun 2012
Message Posted: Aug 21, 2013 6:15:26 AM

no, don't use them.
Profile Pic
Sneakers55
Champion Author Houston

Posts:62,017
Points:2,672,545
Joined:Nov 2005
Message Posted: Aug 21, 2013 5:26:40 AM

I find that I can almost always beat the cash discount with a rebate-paying credit card.
Profile Pic
Dennis783
Champion Author Des Moines

Posts:16,220
Points:3,291,120
Joined:Sep 2005
Message Posted: Aug 20, 2013 7:41:43 AM

nope.
Profile Pic
ricebike
Champion Author New Jersey

Posts:12,337
Points:2,383,345
Joined:Oct 2005
Message Posted: Aug 20, 2013 6:46:34 AM

unfortunately, it's common practice at the jersey stations :( 8-10 cents more per gallon
Profile Pic
Maxer105
Champion Author New Jersey

Posts:4,266
Points:604,490
Joined:Jun 2012
Message Posted: Aug 20, 2013 6:02:07 AM

I won't use a station that charges more for credit.
Profile Pic
GLM4205
Champion Author Toledo

Posts:6,376
Points:1,337,410
Joined:Dec 2010
Message Posted: Aug 20, 2013 5:53:38 AM

I wont fill up where they charge me more for using my credit card.
Profile Pic
DJRIO
Champion Author Miami

Posts:10,923
Points:2,039,810
Joined:Jan 2008
Message Posted: Aug 19, 2013 2:42:18 PM

remind us of the 80's . credit price and cash price.
Profile Pic
JoeMasarod
Veteran Author California

Posts:416
Points:130,100
Joined:Aug 2013
Message Posted: Aug 19, 2013 1:23:05 PM

I never use a card if an extra charge. My Chase Freedom card (no annual fee). give 5% off for gas 6 of 12 months a year (@ 3.60 a gal = .18 per gal). So I buy credit all the time. I buy cheapest, and save even more.
Profile Pic
shstew
Champion Author British Columbia

Posts:1,017
Points:770,240
Joined:Nov 2011
Message Posted: Aug 19, 2013 1:18:44 PM

Don't sweat it. I use cash instead
Profile Pic
alphanyr
Champion Author Connecticut

Posts:10,665
Points:1,288,825
Joined:Apr 2011
Message Posted: Aug 19, 2013 1:02:40 PM

cash
Profile Pic
brerrabbitTX
Champion Author Houston

Posts:1,404
Points:24,925
Joined:Mar 2011
Message Posted: Aug 19, 2013 12:56:37 PM

This topic was beat to death on another board over the past three years. Here is the simple way to view it. If the credit card price offered at a station is in line with all the other stations in the area adn they offer a discount for cash, then it is probably a good deal. If the credit card price is high and the cash price is in line with everyone else then they are over charging. But remember this, regardless of your opinion it does cost retailers money to accept your credit card. The fee is usually from 20 to 26 cents per transaction plus 2 to 2.5% of the total. So at $3.799 a gallon the retailers cc transaction fee on a $50 sale would be $1.51 or 11.4 cents per gallon. (13.1 gallons times 3.799 a gallon is roughly $50 transaction. Divide the $1.51 in fees by 13.1= 11.4 cents a gallon)

So the bottom line here is they don't charge you more for credit cards, they actually give you a discount for cash because they are avoiding as much as 11.4 cents a gallon in CC Fees.

[Edited by: brerrabbitTX at 8/19/2013 12:58:27 PM EST]
Profile Pic
Cooter01
Champion Author New York

Posts:18,424
Points:3,835,375
Joined:Apr 2004
Message Posted: Aug 19, 2013 9:52:26 AM

I pulled into one last week that does that, not knowing at the time, as soon as I saw the price difference, I cancelled the transaction and went to another station.
Profile Pic
OceanArcher
Champion Author Mississippi

Posts:8,190
Points:1,908,650
Joined:May 2004
Message Posted: Aug 19, 2013 9:13:13 AM

I'm a cash sale person, so I'm not confronted with the issue
Profile Pic
Godozo
Champion Author Gary

Posts:1,391
Points:1,075,285
Joined:Dec 2010
Message Posted: Aug 18, 2013 9:52:11 PM

Rarely do I use cash anymore, and since there's few stations that charge more for credit cards, I generally don't worry about it.

And at the times when the credit card company's offering 5 points per dollar for gas purchases, even that overcomes many credit card charges (usually 5¢/gallon).
Profile Pic
LarryMarg
Champion Author New York

Posts:2,567
Points:600,625
Joined:Feb 2012
Message Posted: Aug 18, 2013 6:20:10 PM

Most stations around here have different cash / credit pricing. I use GB to find the cheapest prices, and if that means paying cash, I pay cash. But I wouldn't leave because credit is higher; I expect that.
Profile Pic
Michael29644
Champion Author Greenville

Posts:6,939
Points:1,211,200
Joined:Jan 2011
Message Posted: Aug 18, 2013 6:06:28 PM

"None here charge extra for credit card but a few offer cash/debit card discounts"

You realize that's the same thing, right?
Profile Pic
PatAZ
Champion Author Tucson

Posts:10,133
Points:144,430
Joined:May 2008
Message Posted: Aug 18, 2013 2:50:34 PM

I'd leave.
Profile Pic
morrongiello
Champion Author New York

Posts:1,501
Points:1,054,330
Joined:Jan 2010
Message Posted: Aug 18, 2013 11:26:26 AM

do not use those stations
Profile Pic
BartandLisa
Champion Author Newfoundland

Posts:4,819
Points:1,021,570
Joined:Feb 2012
Message Posted: Aug 18, 2013 11:11:23 AM

None here charge extra for credit card but a few offer cash/debit card discounts
Profile Pic
xbAG
Champion Author California

Posts:2,375
Points:740,790
Joined:Jan 2012
Message Posted: Jul 31, 2013 2:50:08 AM

I always pay cash.
all the stations here in CA,
charge higher prices for credit or debit.
Profile Pic
skydone7
Sophomore Author Kansas City

Posts:100
Points:49,680
Joined:Apr 2011
Message Posted: Jul 29, 2013 8:15:29 PM

I'll go somewhere else. There are too many other places to get fuel, to have to play those games.
Profile Pic
forresj
Champion Author Wilmington

Posts:6,045
Points:1,136,160
Joined:May 2005
Message Posted: Jul 24, 2013 8:52:43 AM

I pay cash if it's cheaper. Otherwise, I will go somewhere else.
Profile Pic
rjb34747
Veteran Author Orlando

Posts:425
Points:400,645
Joined:Aug 2005
Message Posted: Jul 24, 2013 8:45:19 AM

Go to another station if possible
Profile Pic
grim_farva
Champion Author Kansas

Posts:2,480
Points:572,775
Joined:Jun 2008
Message Posted: Jul 4, 2013 8:45:43 AM

I don't go to those stations
Profile Pic
maddog57
Champion Author Winston-Salem

Posts:153,946
Points:3,280,215
Joined:Oct 2005
Message Posted: Jul 4, 2013 8:06:45 AM

We just got our first one here in Winston-Salem. Of course the neighborhood it is in isn't the best so there is no way I'd carry cash into that place.

As a rule I avoid stations that charge more for credit than cash.
Profile Pic
Mikeyl
Champion Author Cleveland

Posts:8,608
Points:1,781,630
Joined:Aug 2004
Message Posted: Jul 1, 2013 1:57:08 PM

Very few stations near Cleveland, OH have gone to this type of pricing.

The main ones are truck stops along the interstate where diesel is priced cash or credit.
Profile Pic
Dako
Sophomore Author Stockton

Posts:228
Points:752,970
Joined:Oct 2004
Message Posted: Jul 1, 2013 1:07:13 PM

I check their cash/credit price before going into station.
Profile Pic
MertieMan
Champion Author Lexington

Posts:17,429
Points:3,508,910
Joined:May 2005
Message Posted: Jul 1, 2013 9:00:23 AM

I no longer use credit cards to buy gas, I pay with cash only.
Profile Pic
rjb34747
Veteran Author Orlando

Posts:425
Points:400,645
Joined:Aug 2005
Message Posted: Jul 1, 2013 8:05:04 AM

I'd go to another station if possible
Profile Pic
metalhat73
Champion Author Wilmington

Posts:11,350
Points:494,005
Joined:May 2012
Message Posted: Jul 1, 2013 7:59:11 AM

I wont fill up where they charge me more for using my credit card.
Profile Pic
Dennis783
Champion Author Des Moines

Posts:16,220
Points:3,291,120
Joined:Sep 2005
Message Posted: Jul 1, 2013 7:29:20 AM

nope.
Profile Pic
Wanda127
Champion Author Florida

Posts:5,019
Points:1,523,285
Joined:May 2010
Message Posted: Jun 30, 2013 10:53:47 PM

I don't see this a lot in my area of SW,FL. but I would not by fuel at a station that does this.
Profile Pic
Godozo
Champion Author Gary

Posts:1,391
Points:1,075,285
Joined:Dec 2010
Message Posted: Jun 30, 2013 9:51:27 PM

Don't usually fill up at gas stations that charge more for credit cards than for cash payments.
Profile Pic
JOB_Dave
Sophomore Author San Francisco

Posts:170
Points:1,009,875
Joined:Jul 2011
Message Posted: Jun 30, 2013 4:07:04 PM

No, I can drive up the road a mile or so and fuel with a credit card for 20¢ cheaper.
Profile Pic
snirt
Champion Author Anchorage

Posts:1,273
Points:868,740
Joined:May 2008
Message Posted: Jun 6, 2013 10:34:17 PM

I know of stations where their listed price is the cash price, and the credit price is higher. these cash prices match the credit prices of the other listed prices where it is either cash or credit.
Profile Pic
Michael29644
Champion Author Greenville

Posts:6,939
Points:1,211,200
Joined:Jan 2011
Message Posted: Jun 6, 2013 12:22:17 AM

"Some establishments do that since the credit card company charges them up to 5 percent for usage of the card from their business."

If they're paying 5% for "card present" transactions, then they need to get a new merchant account. I know of very low volume merchants who are paying less than 3% for "card not present" transactions, which are almost always more expensive than "card present" ones. Most high volume merchants pay somewhere around 2%, sometimes less.
Profile Pic
JOB_Dave
Sophomore Author San Francisco

Posts:170
Points:1,009,875
Joined:Jul 2011
Message Posted: Jun 5, 2013 10:55:15 PM

I don't go to that station, there are many others that don't charge a premium to use a credit card
Profile Pic
gvan
Champion Author Chicago

Posts:25,335
Points:3,448,015
Joined:Dec 2004
Message Posted: Jun 4, 2013 8:43:28 AM

As I understand it, a station can't charge more for credit but they can give a cash discount which ends up being the same thing.
Profile Pic
gvan
Champion Author Chicago

Posts:25,335
Points:3,448,015
Joined:Dec 2004
Message Posted: Jun 4, 2013 8:41:36 AM

I don't know of any stations giving a cash discount. It would have to be a substantial discount for me to not use my credit card i.e a 5 cent discount would be about 55 cents less for a fill-up and not worth it for me to carry an extra $50 in my wallet to pay for gas.
Profile Pic
OceanArcher
Champion Author Mississippi

Posts:8,190
Points:1,908,650
Joined:May 2004
Message Posted: Jun 4, 2013 8:38:09 AM

I pay with cash - so it's not an issue
Profile Pic
forresj
Champion Author Wilmington

Posts:6,045
Points:1,136,160
Joined:May 2005
Message Posted: Jun 4, 2013 8:37:36 AM

I always pay with cash if gas is cheaper than credit. But most stations sell gas at one price for either cash or credit. It doesn't makes sense to go to an alternate station to save a couple of pennies per gallon unless I plan to be near the area.
Profile Pic
MertieMan
Champion Author Lexington

Posts:17,429
Points:3,508,910
Joined:May 2005
Message Posted: Jun 4, 2013 7:55:05 AM

Some establishments do that since the credit card company charges them up to 5 percent for usage of the card from their business. They are just recouping their money from you.
Profile Pic
ronbo2010
Champion Author Los Angeles

Posts:4,572
Points:603,570
Joined:Apr 2013
Message Posted: Jun 4, 2013 12:57:10 AM

When I go to the gas station I normally go to, I just pay regardless, not because I don't have another choice but usually I am low in gas. :-(
Profile Pic
nvn8v
Sophomore Author Nevada

Posts:134
Points:714,165
Joined:Feb 2005
Message Posted: Jun 3, 2013 11:52:08 PM

It depends on where I am. A lot of the time, I am in towns where there are only one or two stations, and I need to get gas at one, no matter the cost...
Profile Pic
borsht
Champion Author Oakland

Posts:3,339
Points:793,070
Joined:Aug 2012
Message Posted: Jun 3, 2013 11:39:02 PM

I won't go to a station that charges extra for the use of credit.
With cash the station has to have a store open and staffed. The overhead should be much cheaper for the use of a card. The gimmic is that they want you go into the store, and purchace coffee, milk beer or cigarettes, for this they charge the credit card guy more, becasue in and out quickly and doesn.t make the extra purchase.

Also, I dont carry enough cast to make all my gas purchases. To do so ,I'd have to stop at am ATM.
Also, ths stations insurance would be less if they didn.t carry all that cash.
Profile Pic
04coupe
All-Star Author Ontario

Posts:596
Points:976,980
Joined:Aug 2011
Message Posted: Jun 3, 2013 11:28:18 PM

Not here
Profile Pic
_Sparty_
Champion Author Denver

Posts:4,624
Points:1,302,575
Joined:Mar 2011
Message Posted: Jun 3, 2013 3:49:46 PM

I will pay cash if they offer a discount that makes the price lower than any other station along my route.
Profile Pic
dvc2
Champion Author Oakland

Posts:2,693
Points:997,255
Joined:Aug 2011
Message Posted: Jun 3, 2013 3:44:48 PM

I only use cash.
Post a reply Back to Topics