Is it unlawful for a credit card company to charge a fee to accept a same day payment? 1 Answers as of August 13, 2011I heard that there were new credit card reform laws starting January, 2011. Most credit card companies accept same day payments without a fee. However, I know a company that still engages in the practice. Is this practice unlawful, and is there any recourse?
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If after a review of the reform laws a violation exist then you may want to consider complaining and gettign the fee reversed. You can also tell the credit card that you are prepared to file a complaint with the Banking Commission.
Answer Applies to: Massachusetts