marnen: (Default)
Marnen Laibow-Koser ([personal profile] marnen) wrote2007-09-21 09:15 pm

Consumer alert: Minimum Purchase Hall of Shame

It has just come to my attention that credit card companies frown on merchants imposing those pesky minimum credit-card purchase requirements. In fact, they don't allow merchants to do this at all.

So what am I doing about it? Well, first of all, I am reporting merchants who do this (see here for how to do that), but there's another part too. I have created the Minimum Purchase Hall of Shame for people to share information about these merchants and whom they have been reported to. It's just a LJ community at the moment, but I have plans for a nice searchable database of these folks. So...get out there and start reporting merchants who break the rules!

[identity profile] marnen.livejournal.com 2007-09-24 05:20 am (UTC)(link)
Besides, if the fees are going to make or break a business, then I think that business should not accept credit cards -- it would be too much risk. I've run across cash-only businesses in the oddest places, and they seem to do fine.