Beware Of Westminster Mint From Madison Wisconsin

Obviously these charges are worth it to them, why else would the be willing to invite so much digital bad will. Tasking credit cards is essential to doing business online and in a B&M, but the CC companies really kill the small businessman with fees. It is up to the companies to decide which way to do it. Either absorb these fees into the original price or charge extra. If it was me, I think I would rather offer a " cash " discount rather than charging more for credit card. At the very least do it the way APMEX does it they advertize " as low as " then they are very up front about , you only get this price if you order 20 or more and pay cash. They get to advertize their low price, but at the same time they don't get the bad press for being deceptive.

As far as " it's only 6 dollars , get over it ". Let me see, spot is $30 , 33.95 okay not bad silver goes to 34 I break even, shipping 2 dollars, okay silver goes to 36 I break even. What? CC charges okay, silver goes to 38 and I break even. ( I know the math isn't right , just an example) I totally agree with the OP total price needs to be very visible. The marketplace will eventually take care of this problem one way or another . People will either absorb the fees as " their " cost of buying or this company will realize that too many people perceive them as being deceptive.

Either way my LCS doesn't charge CC fees or shipping fees, thank-you very much.

Again, Westminster Mint can charge what they want and whatever fees they choose. Furthermore, I have no axe to grind with them.

What they need to charge and how they run their profits is not my concern and I am not taking an issue at all what they charge and how they make money.

My main point is- If you advertise a product for X price, and you spell out in the Ad the price and terms, then thats the price the customer should expect to pay. None of this "oh btw, theres a surcharge for using a credit card." I am not a mind reader, I buy from multiple dealers, they are all different. All I can go off of is the advertised price.

In no place in their HUGE Ads does Westminster Mint state that using a credit card has a surcharge. Quite frankly, if it said that, I would HAVE placed my order with them.

But to led me to believe that its one price, take my credit info and shipping, and then not tell me theres a surcharge is bait and switch.

Had I not done my math versus the total Jacob gave me, I would have paid unknowingly a surcharge.

So again, I am not saying they cant charge what they want, I am not saying they refused me service, I am saying they had me believing the Ad price was the total price out the door for a handful of coins. The Ad did not have any sort of exclusion, exceptions or any sort of warning that using a CREDIT CARD incurred an additional fee.