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Feb. 5, 2012
Melissa Mercer-Tachick
recommends this answer by
Gail Wallace
What's the federal statute that allows for $10 credit card minimums?
There are no statutes, federal or otherwise, that regulate a minimum purchase amount. Visa, Master Card and Discover regulations do not permit minimum purchases or additional fees (except in certain very specific, limited circumstances). Any merchant establishing a minimum purchase is in violation of the ... more
