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Reading: Mackinac Bridge Authority approves bank card comfort charges
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Michigan Post > Blog > Michigan > Mackinac Bridge Authority approves bank card comfort charges
Michigan

Mackinac Bridge Authority approves bank card comfort charges

By Editorial Board Published November 9, 2024 2 Min Read
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Mackinac Bridge Authority approves bank card comfort charges

LANSING, Mich. (WLNS) — The Mackinac Bridge Authority (MBA) has permitted the gathering of a 2.3% persuade price for tolls paid by bank card.

The MBA stories that the rising prices of transaction charges from bank card corporations, which value them a complete of $341,761.51 in 2024, as the rationale for these new comfort charges.

This new price will assist get better funds misplaced within the new MacPass deposit worth drop. The MBA permitted reducing preliminary MacPass deposits from $80 to $40, and refill deposits from $50 to $20. These adjustments are anticipated to take impact on Dec. 1.

The persuade charges will add round $0.09 to the standard $4.00 toll for passenger automobiles. This new price will take impact on Jan. 1, 2025.

“Though this convenience fee will not cover all credit card processing costs, it will help defray those costs in a way that will allow us to continue directing most of our toll revenues to the never-ending job of maintaining and operating the Mackinac Bridge,” mentioned Mackinac Bridge Authority Chairman Patrick “Shorty” Gleason.

The MBA has additionally discontinued the acceptance of American Specific bank cards, citing the playing cards excessive processing charges of 4.79%. as the rationale for doing so. This coverage can be carried out on Jan. 1, 2025.

TAGGED:approvesAuthorityBridgeCardconveniencecreditfeesMackinac
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