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Are there minimum limits on credit cards?
Have you ever been in a situation where you buy a bag of crisps and a soft drink and try to pay with your credit card but are rebuffed by the clerk at the convenience store? S/he tells you that there is a minimum purchase to use a credit card and that your purchase is way below this amount. Are they allowed to do this? Wcpo.com reports:
But MSNBC says Visa and Mastercard do not allow stores to set minimum payments. Visa and Mastercard want as much business as possible.
Read more: CREDIT CARD MINIMUMS
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