Merchants are not allowed to require a minimum purchase for credit card users

[fultron]

Keep this in mind next time you want to make a small purchase and have left your cash elsewhere...

http://www.bankrate.com/brm/news/cc/20010418a.asp?prodtype=cc

[Ima saver]

Re: Merchants are not allowed to require a minimum purchase for credit card users

Well, that is interesting to know. I know my husband charged about $4 at home depot with no problem.

[Mathew Green]

Re: Merchants are not allowed to require a minimum purchase for credit card users

Once upon a time a movement started to give people who paid cash a small discount. The customers were happy because they got a discount. The merchants were happy because giving the discount was cheaper than paying the CC Fee on small purchases. The only people not happy were the greedy CC companies, so they added a clause to the merchant agreement prohibiting everything that might make CC's less attractive than cash.

Who were the big losers as a result of this? The consumers, as usual. And now things have gotten so bad that 'consumer advocate' reporters on local tv stations and elsewhere are taking the CC companies side against the merchants by writing stories like this.

[Reldon]

Re: Merchants are not allowed to require a minimum purchase for credit card users

I have been to quite a few places who have a $15.00 minimum. They were all small retailers as the article suggests though.

[creditcardfree]

Re: Merchants are not allowed to require a minimum purchase for credit card users

I used my debit card for a $2.06 purchase yesterday...no problem. I know I've had some in the past for over a dollar but less than 2.