FlyerTalk Forums - View Single Post - The end of the "Free Ride" for credit card holders with good credit?

May 20, 2009, 1:59 pm

#44

josephstern

FlyerTalk Evangelist

Join Date: Jul 2006

Location: Upper Sternistan

Posts: 10,028

Quote:

Originally Posted by biggestbopper

Sorry, JS. This is 100% wrong.

Law does not prohibit discount for cash or charge for paying by credit card if charge is disclosed up-front.

I saw many gas stations in L.A. yesterday with diff prices for cash and credit.

By the way, local laws have nothing to do with this. This area is pre-empted by Federal law.

Differentials between cash and credit prices (around 10 cents/gallon) are likely to come down once gov cracks down on card company fees to merchants as was recently done in Australia.

Too bad for us FTers. We've been getting free flights paid for by others.

Gather ye miles while ye may!

I stand corrected. It's not part of the law, but rather in the merchant agreements. This thread goes into it in more depth:

http://www.flyertalk.com/forum/omni/...dit-cards.html

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