Visa, MasterCard and their member banks collected billions of dollars in secret credit card fees from unsuspecting consumers during the recent holiday shopping season, merchants are saying this week in newspaper and radio ads.
"Turns out it wasn’t the Grinch who stole Christmas after all," a print ad appearing in Capitol Hill newspapers and elsewhere said. "The credit card companies took a bite out of every present you bought with their cards."
"I grew up believing that if anyone stole Christmas it was the Grinch," a similar radio ad said. "But it turns out the credit card companies stole Christmas by taking a bite out of every present you bought with their cards."
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