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At least those "$5.00 or $20.00 minimum for credit cards" signs that you see often in coffee places and bars will go away.

They are probably illegal (or against contracts) in most states, but you see them very often.




> They are probably illegal (or against contracts) in most states, but you see them very often.

Minimum purchase requirements for credit cards were explicitly legalized in the US in 2010 as part of Dodd-Frank. Merchant agreements are not legally allowed to prohibit them.


Thanks for share this. It is news to me as that used to be prohibited by the CC.

"2010 law: up to $10 minimum OK. The law says that merchants can set a credit card minimum purchase of up to $10, as long as they treat all cards the same. It also allows the Federal Reserve to review and increase the minimum payment amount."




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