5280 Armory

[clublights]

in Colorado it is illegal to have a CC surcharge.


maybe let them know that. you can give a discount for using cash but not a surcharge for using a CC .

I know that seems silly but that is how the law is written.

[clublights]

COLORADO POSSESSES A "NO SURCHARGE RULE" FOR CONSUMER PURCHASES
"[N]o seller...may impose a surcharge on a holder who elects to use a credit or charge card in lieu of payment by cash check or similar means..."
Statute: Colo. Rev. Stat. Ann. § 5-2-212(1) (West)

Discounts for Cash Payments are allowed in Colorado

"Discounts offered to induce payment by cash, check or other means not involving credit card are not finance charges if offered to all prospective buyers and disclosed clearly and conspicuously in accordance with regulations."

Statute: Colo. Rev. Stat. Ann. § 5-2-212(2) (West)

Statute: (See Colo. Rev. Stat. Ann. §§ 5-1-301(16), (16.5), (24), (43) (West)).1

[alan0269]

in Colorado it is illegal to have a CC surcharge.


maybe let them know that. you can give a discount for using cash but not a surcharge for using a CC .

I know that seems silly but that is how the law is written.

If I recall correctly, there are signs posted throughout the store along the lines of:

All prices reflect a 3% cash discount. Anyone not paying by cash will pay the standard price.

That would legally fall into what you are saying.

As far a Green Mountain goes, the only time they charge 3% more for CC use is on consignment firearms.

Personally, I don't mind the "cash discount" as (as previously posted) you are not paying a 3% CC transaction fee that is already added into the sales price. I will almost always try to make sure I have enough cash to cover what I want to buy when I visit a local gun shop, as I know they have fees they have to pay for accepting credit cards and it is hard enough these days to make a decent profit as a small business without adding that cost of doing business.

[Busta Prima]

in Colorado it is illegal to have a CC surcharge.


maybe let them know that. you can give a discount for using cash but not a surcharge for using a CC .

I know that seems silly but that is how the law is written.

The credit card companies themselves have similar rules . . . but try enforcing them.

EVEN THE STATE charges you a couple of points (2.7%?) at the DMV if you elect to pay be credit card!! And that is a surcharge added. They don't offer a discount paying cash (that's the same thing anyway).

In the past I called the CC company to report a business that was doing this (it was a gas station I didn't like, not a gun store) and they told me to call the bank (???). I knew that would go nowhere but I called the bank and they told me they have no such rule at the bank and if it's a credit card company rule I should call the credit card company.

Nice, huh?