Amazon Discontinues Visa Credit Surcharge

me1stt on 17/02/2022 - 14:06
Last edited 17/02/2022 - 14:20 by 1 other user

Just received an email from Amazon

We’ve recently reached a global agreement with Visa that allows all customers to continue using their Visa credit cards in our stores. As of 17 February 2022, Visa credit card purchases on Amazon.com.au will no longer incur a surcharge. To add or update a payment method, go directly to Your Account or visit the help page on Add and Manage Payment Methods. We remain committed to offering customers a payment experience that is convenient and offers choice.

Thank you for being an Amazon customer.

MOD: Original 0.5% VISA Surcharge announcement

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Comments

  • PissLUR on 17/02/2022 - 14:07
    +11

    amazon au wins

  • burningrage on 17/02/2022 - 14:08

    Nice!

    I probably lost a few bucks <$10 in total since they started with this.

    • hamza23 on 17/02/2022 - 14:12
      +12

      You could have still purchased discounted Amazon gift cards with your Visa and got around it that way? Get 3% or so off in the process.

      • burningrage on 17/02/2022 - 15:43

        LOL. I never knew Discounted Amazon Gift Cards exist! Either I got it for free (Westpac deal) or I got it as part of Amazon promo but never thought I could buy discounted Amazon gift cards.

      • Dr-StrangeLove on 18/02/2022 - 23:30

        Are you sure you can buy them with Visa credit card though?

        • ATangk on 19/02/2022 - 13:43

          Buy it from shopback? Or other rewards platforms?

  • spaiydz on 17/02/2022 - 14:09
    +2

    Whaaaaaaat? I've been using Mastercard so never experienced it.

    But y'all saying you gotta pay a surcharge for Visa payments? What a joke!

    • hamza23 on 17/02/2022 - 14:10
      +2

      Only since November 2021. 0.5%.

    • USER DC on 17/02/2022 - 17:35

      Yup even those ZIP one time disposable card incurred a surcharge.

  • SBOB on 17/02/2022 - 14:13
    +15

    the little guy wins against visa ;)

    • Tyrx on 19/02/2022 - 13:15

      So you're saying Visa is a midget? :)

  • Quarn on 17/02/2022 - 14:13
    +2

    Oh FFS!
    Excuse me while I go and reconfigure my payment methods again.
    Thanks for wasting my time Visa and Amazon

    • JimB on 17/02/2022 - 14:20

      I wonder why Amazon started charging the surcharge in the first place.

      Was it:
      - Visa increasing their fees, or
      - Amazon asking Visa to reduce their fees and then Visa calling their bluff.

      • USER DC on 17/02/2022 - 17:36

        Most likely second one,
        to facilitate massive price beating of groceries of Coles/Woolworths

  • citybargainhunter on 17/02/2022 - 14:13
    -5

    I just went through an approval process to increase the limit on my Master card specifically for Amazon shopping, what a waste of time.

    • thestig on 17/02/2022 - 14:16
      +4

      Sounds like a lot more effort and waste of a credit check compared to just purchasing discounted Amazon gift cards with no fee and loading them onto your account.

    • colaman on 17/02/2022 - 14:18

      Actually I also went through this process back just before they introduced the fee. I benefited by getting Amazon credit of $20 by changing also I found out that my bank would charge no yearly fee on CC which is also a rewards card as my home loan is with them and then they started giving me all these credit bonuses so it has worked out well for me. Sounds like you were a bit late to the party!

  • colaman on 17/02/2022 - 14:15

    This is what happens when big business gets greedy. I guess you could say that was happening either way in this instance.

  • nephilim on 17/02/2022 - 14:18

    Suprised Amazon dont just buy paypal or another 3rd party provider

    • bio on 17/02/2022 - 14:23
      +1

      How would that help Amazon? They were trying to negotiate with Visa to lower their fees for Amazon. PayPal still pays the Visa fees.

      • nephilim on 17/02/2022 - 15:05

        Remember Australia and USA are backwould not supporting phone credit we can use to spend on things to protect banks and visa/Mastercard. I mean we can't even buy a coke with my bus ticket like in Japan and Europe.

        We are basically restricted to paypal…
        Anything that puts pressure on the big players is good.

        • OzCheapo on 17/02/2022 - 17:17

          Coke and bus ticket doesn't make sense. Care to explain?

          • kyle on 18/02/2022 - 07:41
            +1

            @OzCheapo: I think they mean you can use your transport prepaid card to buy other stuff, like in other countries.

        • greyeye on 18/02/2022 - 07:54

          Japan expanded the use of transport cards because their debit card or credit card usage was exceptionally low. (mostly cash society)
          In Australia, we never needed to use anything but Eftpos, and now paywave/paypass. Think we're heading to expand transport to just accept debit/credit cards instead of having own dedicated transport card.
          QLD started trial, not sure about other states.
          https://translink.com.au/about-translink/projects-and-initia…

        • Zephyrus on 19/02/2022 - 10:39

          Paypal is in a very competive market space. Payment processing has heaps of competitors and if you're a big player like Amazon you do your own.

          Card schemes, banks and payment processing are all seperate businesses and functions and you seem very confused by which one does what

  • my2cnts on 17/02/2022 - 14:19

    how did I never noticed?

    • 7ekn00 on 17/02/2022 - 14:42
      +6

      Ozbargain license suspended?

      • my2cnts on 17/02/2022 - 14:59

        🤣

    • WT on 18/02/2022 - 07:56

      pretty sure you had to check the box once and from then on it was just red text stating the fee

  • ChillBro on 17/02/2022 - 14:24
    +1

    Lmao that was short lived. Here’s hoping they have another promo for adding Visa cards back as a payment method like they did with Mastercards.

  • ce5himm on 17/02/2022 - 14:31

    Ok, I will put my visa Card back then.

  • Piranha2004 on 17/02/2022 - 14:57

    Good. Now Ill have to go and put back my credit card. More of a nuisance than anything. They mustve lost a fair chunk of money for them to reverse this decision (a bit like the previous GST reversals)

  • BrotherEstapol on 17/02/2022 - 15:25

    Great! Now I can stop paying on Zip, then immediately paying my Zip with my Visa!

  • jv on 17/02/2022 - 15:48
    -3

    I just pay cash…

  • afoveht on 17/02/2022 - 17:31

    "payment experience"

    • silenthillrocks on 17/02/2022 - 17:58

      Code name for "making Bezos richer"

    • cashless on 17/02/2022 - 19:30

      Making getting reamed feel nice

  • ihbh on 17/02/2022 - 18:14
    +2

    Thanks Visa for all the Mastercards deals - Amazon, SB, etc.

    • Misogi Kumagawa on 18/02/2022 - 00:26
      +1

      We really cashed in on those deals.

  • DoctorCalculon on 17/02/2022 - 19:03

    I never got lugged with the surcharge. Looks I didn't miss out on anything. ;-)

  • King Steuart on 18/02/2022 - 11:04

    Viva la visa

  • decc0 on 18/02/2022 - 11:44
    +1

    I mustn't have bought anything on Amazon from November to February because I would've seen the surcharge otherwise.

    Ah nvm I did but was with a VISA debit :)

    • umoddbro on 19/02/2022 - 06:55
      +1

      Same here been using a visa debit for the longest time never got a surcharge…

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