Dealer charging 3% for using Ford Credit card

[pcstevestl]

I just completed my 20k maintenance on my 2022 ME Prem. While at the cashier to pay WITH MY FORD CREDIT CARD, I was told that there is a 3% charge for using credit cards. I think this is ridiculous as they push you to get and use the Ford card by giving you incentives to pay with it at the dealer. I am curious if any other dealers do this or is this the only one.

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[Maquis]

Reason number 461 why the dealer business model sucks.

 

[TheSleepyDad]

This is any credit card, not just because it's your Ford card. Businesses are tired of absorbing the ridiculous Visa and Mastercard fees so are now pushing them to the customers.

 

[RickMachE]

Subject is incorrect. Has nothing to do with Ford Credit Card.

 

[pcstevestl]

Subject is correct as they push you to use the Ford card for service for additional points. The 3% negates any points you would earn.

 

[leehinde]

This is any credit card, not just because it's your Ford card. Businesses are tired of absorbing the ridiculous Visa and Mastercard fees so are now pushing them to the customers.

Yea, all those points cost the vendor. Used to be you couldn't pass the costs on, but that restriction is gone.

 

[RickMachE]

Subject is correct as they push you to use the Ford card for service for additional points. The 3% negates any points you would earn.

They? Who is they? Not the dealership.

 

[ChuckA]

Subject is correct as they push you to use the Ford card for service for additional points. The 3% negates any points you would earn.

Pay using your FordPass points.

 

[GreaseMonkey]

You should tell the dealer that you’re taking your business elsewhere. This is not a Ford issue, but a dealer one.

 

[AliRafiee]

That’s ridiculous. I can understand them charging a surcharge for other credit card, but should wave it for the Ford one.
Don’t get me wrong the 3% charge is stupid on its own. The damn banks are making enough money on the interest alone.

 

[bbhaag]

Reason number 461 why the dealer business model sucks.

NO! Reason 461 why credit card companies and credit card processors suck. I'm a small business owner just like most dealerships and credit card processing fees SUCK. Either you know why or you don't and most people don't.

 

[GreaseMonkey]

NO! Reason 461 why credit card companies and credit card processors suck. I'm a small business owner just like most dealerships and credit card processing fees SUCK. Either you know or you don't and most people don't.

But we love our 3% cash back!

 

[bbhaag]

But we love our 3% cash back!

HA! If only it was 3%. All processors break it down by card and the "awards" or "points" these cards have associated with them varies. A credit card transaction fee can range from 1.5% to a whopping 5.5% depending on the card used.

It's insane but most people just go through their daily lives swiping their credit card at every store they shop at without ever knowing what goes on behind the scene.

It's ok though because its easy to put the blame on the store they are shopping at that charges this outrageous extra fee instead of the corporations and banks behind them.

 

[Maquis]

NO! Reason 461 why credit card companies and credit card processors suck. I'm a small business owner just like most dealerships and credit card processing fees SUCK. Either you know why or you don't and most people don't.

Well, there are two ways to look at this. My wife was an accountant for a small business. Her take was that the card fees are a cost of doing business that you build into your selling price. If a certain card has excessive fees (Diners Club or AmEx) you just don’t accept those cards.
Do you really expect banks to process those transactions for free?

 

[bbhaag]

Well, there are two ways to look at this. My wife was an accountant for a small business. Her take was that the card fees are a cost of doing business that you build into your selling price. If a certain card has excessive fees (Diners Club or AmEx) you just don’t accept those cards.
Do you really expect banks to process those transactions for free?

Don't try an sugar coat it sweetheart. I've been in the game long enough to know how it works.

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