SAS introduces fee for paying with credit card
#62
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I'd rather have the water too cold than too hot.
#63
Join Date: Sep 2010
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If you're worried about sanitation, you're better off using a hand sanitizer - after you've touched the bathroom exit door knob.
#64
Join Date: Apr 2005
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Once a month? I purchased an ARN-CPH one way for $96.92 last week and now the ticket is $98.51 (same T class fare available).
Found this: "IATA Rates of Exchange (IROE) provides monthly updates of IATA currency rates of exchange used by the industry for fare/rate construction. They are built based on the average of the five banking days ending on the 10th of each month."
Surely they can't have updated it since last week if they follow this method. It looks to me that SAS is tracking the exchange rate more frequently.
Found this: "IATA Rates of Exchange (IROE) provides monthly updates of IATA currency rates of exchange used by the industry for fare/rate construction. They are built based on the average of the five banking days ending on the 10th of each month."
Surely they can't have updated it since last week if they follow this method. It looks to me that SAS is tracking the exchange rate more frequently.
Difference in USD could be due to the following:
- fare increase in SEK by SAS (not likely)
- increase of taxes (could happen)
- update of the USD/SEK BSR (very likely)
Very detailed info from Lufthansa, following IATA resolutions:
http://www.lufthansa-usa.com/travel_...ions_Mar11.pdf
Last edited by ranskis; Aug 3, 2012 at 12:57 am
#65
Join Date: Oct 2009
Location: GOT/WLG
Posts: 92
I have no idea about Denmark but at least in Sweden I can take out extra cash in most supermarkets while paying with any credit card. Even if you include the fees, I am sure the stores don't lose money, transporting large amounts of cash to the bank every night isn't free either. Seems like the opposite to charging extra CC fees.
#66
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I have no idea about Denmark but at least in Sweden I can take out extra cash in most supermarkets while paying with any credit card. Even if you include the fees, I am sure the stores don't lose money, transporting large amounts of cash to the bank every night isn't free either. Seems like the opposite to charging extra CC fees.
#67
Join Date: Oct 2009
Location: GOT/WLG
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My point is, stores that add CC charges act like cash payments do not incur transaction costs - having Securitas pick up your daily intake isn't exactly free nor is insurance against robbery. My local bank in Sweden doesn't even handle cash over the counter any more, they tell you to use the ATM or take out cash at the supermarket, or simply use your credit card! There really is a huge push to eliminate cash in everyday transactions.
#68
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Not necessarily. I am quite sure there is a fixed transaction fee + a variable charge based on the amount processed. You will notice that some smaller places have a minimum amount for card payments. Visa for sure sees more of a 10'000 SEK ticket than a 1'000 SEK one.
My point is, stores that add CC charges act like cash payments do not incur transaction costs - having Securitas pick up your daily intake isn't exactly free nor is insurance against robbery. My local bank in Sweden doesn't even handle cash over the counter any more, they tell you to use the ATM or take out cash at the supermarket, or simply use your credit card! There really is a huge push to eliminate cash in everyday transactions.
My point is, stores that add CC charges act like cash payments do not incur transaction costs - having Securitas pick up your daily intake isn't exactly free nor is insurance against robbery. My local bank in Sweden doesn't even handle cash over the counter any more, they tell you to use the ATM or take out cash at the supermarket, or simply use your credit card! There really is a huge push to eliminate cash in everyday transactions.
Once I shopped in a factory selling chocobullar and we didn't realise there is a charge for SEK 5 for using credit card.
#69
Join Date: Jun 2004
Posts: 3,773
I have no idea about Denmark but at least in Sweden I can take out extra cash in most supermarkets while paying with any credit card. Even if you include the fees, I am sure the stores don't lose money, transporting large amounts of cash to the bank every night isn't free either. Seems like the opposite to charging extra CC fees.
I haven't tried it since, so I don't know if that is the general policy or was only at the particular store I was in at the time.
It will be interesting to try it in Sweden, next time I'm making a purchase in a shop there. Instead of drawing cash from an ATM in Sweden with my Dankort which I do from time-to-time, I will try it along with making a purchase on my MasterCard, and see what the fees are as well as whether I get SK points.
#70
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I only tried it once just after I got my SK-branded MasterCard, where I asked for DK 200 in cash over and above my supermarket purchases, and I was told it could not be authorized on a MasterCard. I wanted to test to see if cash withdrawn would result in SAS points.
I haven't tried it since, so I don't know if that is the general policy or was only at the particular store I was in at the time.
It will be interesting to try it in Sweden, next time I'm making a purchase in a shop there. Instead of drawing cash from an ATM in Sweden with my Dankort which I do from time-to-time, I will try it along with making a purchase on my MasterCard, and see what the fees are as well as whether I get SK points.
I haven't tried it since, so I don't know if that is the general policy or was only at the particular store I was in at the time.
It will be interesting to try it in Sweden, next time I'm making a purchase in a shop there. Instead of drawing cash from an ATM in Sweden with my Dankort which I do from time-to-time, I will try it along with making a purchase on my MasterCard, and see what the fees are as well as whether I get SK points.
#71
Join Date: Sep 2010
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Here in Norway, the SK branded MasterCard has occasionally had campaigns with free cash advances without any fees or interest. They made it very clear that you would not get EB points with cash advances.
#72
Join Date: Mar 2006
Location: ARN
Posts: 355
2,2% from October.
What a joke, increase the ticket price by 2% instead.
http://www.aftenposten.no/reise/article4281339.ece
What a joke, increase the ticket price by 2% instead.
http://www.aftenposten.no/reise/article4281339.ece
#73
Join Date: Aug 2005
Location: Stockholm
Programs: SAS EB, Hilton HHonors
Posts: 37
Card fees in Sweden
Not necessarily. I am quite sure there is a fixed transaction fee + a variable charge based on the amount processed. You will notice that some smaller places have a minimum amount for card payments. Visa for sure sees more of a 10'000 SEK ticket than a 1'000 SEK one.
My point is, stores that add CC charges act like cash payments do not incur transaction costs - having Securitas pick up your daily intake isn't exactly free nor is insurance against robbery. My local bank in Sweden doesn't even handle cash over the counter any more, they tell you to use the ATM or take out cash at the supermarket, or simply use your credit card! There really is a huge push to eliminate cash in everyday transactions.
My point is, stores that add CC charges act like cash payments do not incur transaction costs - having Securitas pick up your daily intake isn't exactly free nor is insurance against robbery. My local bank in Sweden doesn't even handle cash over the counter any more, they tell you to use the ATM or take out cash at the supermarket, or simply use your credit card! There really is a huge push to eliminate cash in everyday transactions.
Debit cards - which debit your bank account immediately after the transaction.
Credit cards - which you normally pay off via invoice at the end of the following month.
Businesses accepting cards generally pay 2-3 SEK per transaction on a debit card and 2-3 SEK + 2% per transaction on a credit card.
Credit cards have a fee on the card holder when withdrawing cash, debit card does not.
With that said, I think it's sad that SAS is introducing a fee when using credit cards to buy tickets in many countries. They need to differentiate from the LCC's, not copy them one step at a time.
#74
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SAS said to Swedish media yesterday ( http://mobil.svd.se/rss.jsp?rssid=25...844&cid=184981 ) that a fee of about 2% will be introduced for credit cards in most markets in Europe incl. Denmark, Norway and Finland, but SAS has no plans whatsoever to introduce a credit card fee in Sweden! Why Sweden is exempt is not stated in the article.
#75
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