Can Stores Charge You Extra for Using a Debit Card? What the Rules Are Now
Summary
Louisiana passed a new law that stops stores from charging extra fees when customers pay with a debit card. Starting August 1, businesses cannot add a surcharge for debit card payments, and the state attorney general can investigate and fine those who break the rule.Key Facts
- Louisiana's new law, Senate Bill 254 (Act 751), bans extra fees on debit card purchases.
- The law took effect on August 1, 2024.
- Retailers cannot add a surcharge just because customers use debit cards instead of cash or checks.
- The Louisiana Attorney General can investigate complaints and enforce the law.
- Consumers must notify businesses in writing before suing, giving them 30 days to fix the issue.
- Businesses breaking the law can be fined up to $500 per violation.
- Visa and Mastercard already forbid debit card surcharges nationwide, but this law allows state-level enforcement.
- Other states like Texas, Maine, and Connecticut have similar laws, but most states do not.
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