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Credit Card Companies Must Not Profit From Charitable Donations
Goal: 20,000 • Progress: 10,315
Sponsored by: The Hunger Site

Credit card companies must stop profiting from disaster.

Major credit card companies take a big cut from donations to charitable organizations as "transaction fees." This is money desperately needed by survivors of the earthquake in Haiti, refugees in Darfur displaced by war, and right here at home to feed Americans in need.

Send a strong message to Visa, MasterCard, & other major credit card companies: Every penny of a charitable donation must reach the people who need it most. Sign below!

The earthquake in Haiti prompted a huge amount of charitable donations from people around the world. Concerned citizens worldwide, still recovering from global recession, are giving all they can to the people of Haiti who have suffered so much and continue to suffer in the wake of the powerful and destructive earthquake that hit on January 12, 2010.

But there is an ugly and greedy force meeting this beautiful and selfless generosity. Credit card companies have been siphoning off upwards of 3% of all donations as so-called "transaction fees." While 3% may not sound like much, it adds up quickly. The Huffington Post recently reported that credit card companies and banks make as much as $250 million each and every year from these fees, a number that increases greatly in times of crisis. This is an unconscionable amount of money to take away, money that is vital for relief and development across the globe.

The major credit card companies — Visa, MasterCard, Discover, and American Express — responded to public outcry against this practice with half-measures and smoke and mirrors. They chose a very small group of charities which would be exempt from those fees for a very limited amount of time. Donations sent to help in Haiti — such as those to Partners in Health, Doctors Without Borders, and Mercy Corps — are still subject to excessive and amoral fees.

Send a strong message to credit card companies: waive all transaction fees, for all charitable donations, for all time.

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To Joseph Saunders, CEO of Visa, Inc.; Robert Selander, CEO of MasterCard, Inc.; David Nelms, CEO of Discover Financial; and Kenneth Chenault, CEO of American Express:

I am outraged to discover that for each charitable donation I make with my credit card, your company takes up to 3% for "transaction fees". The $250 million that your companies receive annually through these fees alone are intended for people in need, particularly in times of crisis like the one in Haiti right now.

You have no right to this money. Put 100% of donations back in the hands of the people and groups intended to get it. Waive all fees, for all donations to legally recognized charities, for all time. Listen to your customers — it's time to stop profiting from suffering.

Signed,

Signatures
Sep 1, 2010 Virginia Little Thank you so much for accepting and acting on this email It is the right thing to do.
Aug 31, 2010 william smith
Aug 29, 2010 carol kingsley
Aug 26, 2010 Carolyn Raff
Aug 26, 2010 Amber Zeidner
Aug 26, 2010 I Trappiel
Aug 26, 2010 Lindsay Jagneaux
Aug 26, 2010 Olga Larina
Aug 26, 2010 Sabina Borek
Aug 26, 2010 jewel courville
Aug 26, 2010 annabelle valen
Aug 26, 2010 ioana vasilescu
Aug 25, 2010 Joanna Smith
Aug 25, 2010 Donna Blacktopp
Aug 25, 2010 (Name not displayed)
Aug 24, 2010 Keiron Seenandan Clean, green, cheaper globally sustainable solutions www.treefreebiomasssolutions.com
Aug 24, 2010 (Name not displayed)
Aug 24, 2010 Jaydin Starr
Aug 24, 2010 Amanda Johnson
Aug 24, 2010 Amy Hope
Aug 24, 2010 Dianne Hampton
Aug 24, 2010 Julie Griffith
Aug 24, 2010 Diana Boney
Aug 23, 2010 Terry Dorkins
Aug 23, 2010 (Name not displayed)
Aug 23, 2010 Sarah Thornhill
Aug 23, 2010 Elena Chen People work hard to donate. Don't reap out of their pockets.
Aug 23, 2010 Barbara Evans
Aug 22, 2010 (Name not displayed)
Aug 22, 2010 laura zanoli
Aug 22, 2010 Olivier Rousselle
Aug 22, 2010 Valentina Silvestri
Aug 21, 2010 Jane Pike
Aug 21, 2010 KAREN JENSEN
Aug 21, 2010 Misha Turner
Aug 21, 2010 (Name not displayed)
Aug 21, 2010 Sadie Dillon One small act can cause great change.
Aug 21, 2010 rebekah schneider
Aug 20, 2010 Jill Carmack
Aug 20, 2010 Nina Serman
Aug 20, 2010 Jeff Meier
Aug 20, 2010 ilona stiles
Aug 20, 2010 Carol Lowe
Aug 19, 2010 Lynn Paulus What a deplorable practice.
Aug 19, 2010 Crystal Gruselle
Aug 19, 2010 Patrice Marsille
Aug 19, 2010 Nicole Howell
Aug 19, 2010 Helen Mayer
Aug 19, 2010 (Name not displayed)
Aug 19, 2010 Amanda Sukhu
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