On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

1590 AM Coldwater, Michigan 95.5 FM Coldwater, Michigan

Weather

Current Conditions(Coldwater,MI 49036)

More Weather »
79° Feels Like: 80°
Wind: WSW 8 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Isolated Thunderstorms 59°

Tomorrow

Scattered Thunderstorms 80°

Fri Night

Thunderstorms Early 59°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Michigan Attorney General warns credit card users about new rules

by
A credit card user displays her cards in Washington February 22, 2010. REUTERS/Kevin Lamarque
A credit card user displays her cards in Washington February 22, 2010. REUTERS/Kevin Lamarque

LANSING (WKZO) -- Attorney General Bill Schuette issued an alert advising consumers to be mindful of changes to credit card surcharge rules.  The AG says as the new rules take effect, it's important to make sure that consumers are well-informed.

"Retailers are now permitted to charge new fees to MasterCard and Visa cardholders," says Rogers, "but they must post notices and follow strict guidelines if they choose to collect the fees."

The surcharge is intended to equal the actual cost of processing the credit card transaction, which is typically between 1.5-percent and three-percent.

Comments