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Credit card rate hike shocks merchants in Bennington
NEBA of Boston raised Master Charge rates from 3 to 4 percent without merchant notice. Vermont banks confirm the change though several Bennington merchants report no word from issuers. Merchants fear higher costs may hurt sales while BankAmericard remains unchanged.
MENTIONED IN THIS ARTICLE
New England Bank Card Association
NEBA
Boston
Armand A. Lampron
Vermont Bank and Trust Co
Bennington
Master Charge
Vermont Bank and Trust
Catamount National Bank
Vermont National Bank
BankAmericard
Bernard Bellemare
Merchants Group
Greater Bennington Chamber of Commerce
Hiram G. Savage
Chamber of Commerce