as a server in a restuarant you can understand. you pay 1/2 and the company pays 1/2 so people can use their credit cards. that is why it is always good to pay cash @ restuarants(for the servers sake)

 

i'll definatly take that into consideration. i had no idea it was so damn expensive

 

just to clarify for you guys.....the 35 cent atm fee isn't charged per gallon, it's just a flat fee to use your card....and they're right about credit card companies charging a big percentage...i used to work in a motorcyle dealership and on bike purchases we got reemed by the credit companies...i think in some cases it's closer to 8-9 percent. i'm gonna go to that arco for a few tanks and see if i can notice any difference...if not, i'm stickin with arco...thanks for the input guys

 

yeah, Amex charges even more than most cc companies - hence the reason a lot of places do not take Amex.

I have been using Gas America stations (94 oct). On average 20 cents cheaper than the 93 oct at the Shell up the road

 

i have arco by me that only thing with arco is that u have to use an atm or similar or cash of course. and its cheaper b/c they dont hav ethe credit card fee to get the money like other gas stations due. althought 40 cents dif. is alot by me there only 15 cnets lower.

 

I've heard most credit cards are like 1.5-2.5%... 2.5 being amex.
You're #'s seem high... my boss was telling me about it one day.
BUT you figure, 2.5% is still nuts, considering tonnes of places operate on a 10% profit margin. 2.5% is 25% of the profit...

 

Basic fees for Visa/MC at our company is currently 2.27%. Amex's basic fees are 3.22%. On top of that, there are "surcharges" between 0.4% - 1.12%, which means that the actual fees range between 2.67% and 4.34%.

So the 6% figure may be a bit high, but depending on who you deal with and the number/size of your transactions, it's not impossible.

 

gotta love the random cheaper gas stations. theres a gas station near myhouse thats 20 cents cheaper. heard they water down there gas ro something stupid like that. but never heard of arco