Credit Card Center Advertiser Disclosure†
10-18-2012 05:08 AM
If this is not the correct forum section for this question, please move it to the correct section.
If a business displays/advertises that they accept Visa/MC/AMEX/Discover, can they refuse to take said cards as payment and demand cash only at the time of the sale?
10-18-2012 05:25 AM
Is there a problem with their registers? Phone lines/System? Credit card machines?
I've had businesses say they couldn't accept cards at that time for whatever reason and could only take cash. If I didn't have the cash on me then I'd just go somewhere else. Not that big of a deal.
10-18-2012 05:41 AM
If its temporary as the system is down, probably.
If they have a minimum for credit cards, then no, they are not alowd to do that
10-18-2012 06:06 AM
I did forget about the minimum most have now....but it seems i'm always over that anyway.
10-18-2012 06:29 AM
yse they can put minimums, and heres how it breakdown by network:
Visa: Max of 10.00$ minimum on Credit Cards, no minimum on Debit Cards
Mastercard: no Minimums
American Express: Merchant can enact minimums as long as its the same for all networks
Discover: no regulation
10-18-2012 08:46 AM - edited 10-18-2012 08:47 AM
Businesses can now put minimum purchase limits for cc because of Dodd Frank
That's only $10 max for credit card, no minimum for debit card.
OP to your question, yes a business can refuse to accept your card even when they advertise such. As long as their reason to do so is not in violation of minimum purchase limit.
10-18-2012 08:49 AM
What I find confusing is when a businesss posts on theier website that they require ID when using a credit card when they are not really suppose to ask for ID
10-18-2012 11:03 AM
Just to add to the info above about min purchases etc., they can't pick and choose, such as they cannot decide to refuse Visa sig due to a higher swipe fee.