Cash Back at Family Dollar - $1 fee?

Archived From: Finance
  • Page :
  • 1
  • Text Only
Voting History
rated:
I was pretty floored by this the other day - I stopped by this discount retailer to pick up some doggie treats, and my wife asked that I get Cash Back so that she could drop by the car wash the following day.

Family Dollar is one of the few retailers in my small town where it does prompt for "Do you want Cash Back?" and upon choosing "Yes, $10", I was presented with a "This requires a $1 fee. Ok?"

I had never run into this and it seemed pretty blatant. Other retailers limit you in some way (7-11, $10 Cash Back maximum per transaction) and some have caps ($50-100 @ grocery stores) but this is the first time I've actually seen a fee presented to a customer that's already spending $ at their establishment.

Is this a rarity?

Member Summary
Most Recent Posts
I question the value of a heavy, soft metal in a zombie situation. What are you going to do, eat these bricks? Throw the... (more)

Zaos (Oct. 13, 2013 @ 7:30a) |

unit9174 (Oct. 13, 2013 @ 8:25a) |

I think cash is still a lot better than gold, certainly during week one of a zombie situation. Nobody knows how to verif... (more)

bppcomplete (Oct. 13, 2013 @ 4:15p) |

  • Also categorized in:
Thanks for visiting FatWallet.com. Join for free to remove this ad.

Dollar Tree also charges this fee. Honestly it is a great way for them to make some extra cash.

Didn't know this, but it makes sense. The store might as well get something for serving as an ATM.

Logan71 said:   
I had never run into this and it seemed pretty blatant.

Of course it's blatant. Would you rather they subtly try to slip it past you?

And this used to be pretty standard when debit cards first came out, then the fees went away. At least $1 is cheaper than some ATMs.

Doesn't the Fidelity Visa debit card cover that fee?

Considering how PIN debit transactions tend to have fixed fees and that cash has to be stored, secured, and deposited into their bank account, you're actually doing them a favor by taking Cash Back like that.

Logan71 said:   I was pretty floored by this the other day - I stopped by this discount retailer to pick up some doggie treats, and my wife asked that I get Cash Back so that she could drop by the car wash the following day.

Family Dollar is one of the few retailers in my small town where it does prompt for "Do you want Cash Back?" and upon choosing "Yes, $10", I was presented with a "This requires a $1 fee. Ok?"

I had never run into this and it seemed pretty blatant. Other retailers limit you in some way (7-11, $10 Cash Back maximum per transaction) and some have caps ($50-100 @ grocery stores) but this is the first time I've actually seen a fee presented to a customer that's already spending $ at their establishment.

Is his a rarity?


Everything's a $1...

qcumber98 said:   Doesn't the Fidelity Visa debit card cover that fee?

Unsure. What if its not coded as an ATM fee on your statement? After all, I would think it would more likely be marked as a POS 'item' since you're at the register. I have nothing to base this thought on - just thinking out loud.

Thanks for the heads up. Not encountered this yet but suppose I will.

Worse scenario in the future: Hope they do not forget to tell about the fee to someone unsuspecting, as a more subtle way would be to have that popup at EVERY transaction, swiftly mention the fine prints including the $1 fee then auto-add the $1 to the transaction and separately list $10 or whatever Cash Back you ask for so it becomes harder to see the $1 fee in the receipt that should ideally stand out.

most places round these parts charge a fee.

>most places round these parts charge a fee.
Maybe you should mention 'around these part' is located.
Here in South Florida, only DollarTree charge the $1 fee (never tried it at familydollar)
The way the POS terminal present it is that they will have a screen fist asking Cash Back?

And then on the next screen mention the $1 fee and most people will not cancel at this point and
DollarTree make another ~$100/day more this sneaky way, more than enough to pay the clerks $64 a day salary.

My guess is that these dollar stores tend to get hit up quite frequently as ATMs because everything is so damn cheap, so you could just get away with buying only $1 worth of stuff. In their defense it does take time for cashiers to get extra change from the safe, so just a few people getting Cash Back can get the drawer empty fast.

You don't have to pay $1. Write a check at a place advertising WE CASH CHECKS AND MAKE PAYDAY LOANS. Then see what their service will cost y'all.

Logan71 said:   ...and some have caps ($50-100 @ grocery stores)

Semi-OT, but safeway has a limit of 300. If you're not near an ATM, I've found safeway excellent for getting Cash Back.

Logan71 said:   qcumber98 said:   Doesn't the Fidelity Visa debit card cover that fee?

Unsure. What if its not coded as an ATM fee on your statement? After all, I would think it would more likely be marked as a POS 'item' since you're at the register. I have nothing to base this thought on - just thinking out loud.


I just cybered with a CSR and he said it isn't covered. Only ATMs. Oh well.

tennis8363 said:   Didn't know this, but it makes sense. The store might as well get something for serving as an ATM.

Yes, they get me as a customer. Not too long ago the Walgreens stores near me put a limit of $20 on their Cash Back. The first time I encountered this I asked about the limit and the cashier gave me a bitchy response about not being an ATM. It just so happened that the only reason I'd gone in that day was because I needed Cash Back and I bought a soda and snack to do so. I pointed out to the cashier that next time I'd skip the snack and drink and just the ATM around the corner because the fee isn't much different than what I'd spend in their store, and at least I could get more than $20 back.

It is the Dollar store so they should charge a dollar for it.

I wonder if bank charges DollarTree fee for CashBack? If so, maybe that's why they charge $1? Other stores sell higher price items to cover the fee.

TheDealMaker said:   I wonder if bank charges DollarTree fee for CashBack? If so, maybe that's why they charge $1? Other stores sell higher price items to cover the fee.

The banks charge about 21 cents per transaction for debit cards. There was some law suit recently where they said even that was too high as it was originally proposed to be lowered to 12 cents from 44 cents per transaction. I guess charging $1 is their way to make up for some of that 21 cents. So the worse would be to go in there and spend $1, then they'd lose 21 cents to the transaction charge. I used to use a debit card at a local hardware store for $5-$10 purchases, but the owner would always give me the evil eye when she saw me do that so I eventually switched to paying cash, it was easier using the debit card in terms of bookkeeping though. It's even worse for credit cards, maybe about 1.77% and up to 3-4% if they don't do enough volume.

You would think this be a way for the store to have less cash on hand in case they were robbed

 postal money orders too. debit card to buy them then cash them in. think its like 79 cents for an order. thats less than a dollar :0)

qcumber98 said:   
Logan71 said:   
qcumber98 said:   Doesn't the Fidelity Visa debit card cover that fee?

Unsure. What if its not coded as an ATM fee on your statement? After all, I would think it would more likely be marked as a POS 'item' since you're at the register. I have nothing to base this thought on - just thinking out loud.


I just cybered with a CSR and he said it isn't covered. Only ATMs. Oh well.

  what did the cybering cost??

I don't understand why you just wouldn't use the Schwab card for ATM withdrawals and get reimbursed for all fees. I can't believe ATM fees are still a discussion point. They are obsolete unless you are a sucker living in the past. Get real.

ecomicaela said:   qcumber98 said:   I just cybered with a CSR and he said it isn't covered. Only ATMs. Oh well.what did the cybering cost??PICS?
  

Logan71 said:   ..."Do you want Cash Back?" and upon choosing "Yes, $10"...You should keep some cash at home for emergencies (power outage, earthquake, car wash, tornado, zombies, etc).

scripta said:   
Logan71 said:   ..."Do you want Cash Back?" and upon choosing "Yes, $10"...
You should keep some cash at home for emergencies (power outage, earthquake, car wash, tornado, zombies, etc).

  LoL ... because cash works so well in a zombie situation. at that point its gold or nothing ... oh ... cash for gold places. Just getting ready for zombies maybe?

I question the value of a heavy, soft metal in a zombie situation. What are you going to do, eat these bricks? Throw them at the zombies? Lug them around with you, slowing you down?

scripta said:   
Logan71 said:   ..."Do you want Cash Back?" and upon choosing "Yes, $10"...
You should keep some cash at home for emergencies (power outage, earthquake, car wash, tornado, zombies, etc).

  
Les Nessman said: Citizens of Cincinnati, we are being attacked by the godless... tornadoes!
Nessman Vine

owenscott said:   
scripta said:   
Logan71 said:   ..."Do you want Cash Back?" and upon choosing "Yes, $10"...
You should keep some cash at home for emergencies (power outage, earthquake, car wash, tornado, zombies, etc).

  LoL ... because cash works so well in a zombie situation. at that point its gold or nothing ... oh ... cash for gold places. Just getting ready for zombies maybe?

  
I think cash is still a lot better than gold, certainly during week one of a zombie situation. Nobody knows how to verify gold. Everyone has dealt with cash all of their life.

On the other hand, an AK-47 and bullets, toilet paper, gasoline... now those'll be something worth more than cash or gold.



Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.

Thanks for visiting FatWallet.com. Join for free to remove this ad.

TRUSTe online privacy certification

While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2014

It's time for an upgrade!

After a decade on our current platform, we're upgrading our plumbing. The site will be down for a few hours starting at 10PM CST tonight.

At FatWallet we strive to bring you the best coupons, deals and Cash Back. So please come back and check us out.