July 14th, 2009 by Stinkhead
I work in Washington DC and many of the merchants I come across post their Minimum Credit Card Purchase policy. I’ve tried to buy a $2 chocolate milk with my debit card and been told that I have to spend at least [$10] to use my credit card. Thanks to reading the The Consumerist I know that it is against the store’s Merchant Agreement to demand a minimum purchase.
I’ve found the online verbage for MasterCard and Visa in their publicly available, online Merchant Agreements, and read it myself. But now I’ve been declined one sale too many, so I am making up this little wallet card that I can produce the next time a merchant tells me to go buy more crap, just to justify their credit card charges. But then I thought, as good dads who teach children to be responsible consumers, you would appreciate this card too. So download this PDF, cut it out, (laminate it if you have a dirty wallet), carry it next to your cards, and whip it out the next time you need to purchase one $3 pacifier, and you’re saving your cash for the ice cream truck. In addition to keeping the cash in your wallet, you will be able to easily track those small (and often deductible) purchases. Between MasterCard statements and free IRS efile, you will thank yourself in April.
Tell me your tales of woe, have you succesfully made a purchase UNDER their minimum after explaining that its against their merchant agreement? Let me know in the comments.
And feel free to link to this article, tell your friends…