Are Credit Card Minimums Allowed?

Been finding a lot of of places have a credit card minimum and after working with merchant processing with my friend Jaclyn at one of my jobs we know that merchants can't require a credit card minimum.  However I recently found out a new law was passed where merchants can charge a $10 minimum on credit cards. All over NYC merchants are telling me at least a $15 or $20 minimum some places even $30! I have no problem calling the merchant out and you should do the same in NYC or any city you live in.   Here is how to report their shenanigans.

$10 Minimum is allowed but no more. See the law below:

The bill is HR 4173: Dodd-Frank Wall Street Reform and Consumer Protection Act, and was put into law on July 21st, 2010. Section 1075 of this law (beginning on page 693 of this printing of the new law) amends the Electronic Fund Transfer Act of 1978. The part that restricts payment networks as to the minimum charge they can force merchants to accept (which, up until about a month ago, was $0.01) is detailed in Section 920(b)(3)(A)(i)(II) of the amended EFT Act. Beginning with the amended section 920(b)(3) (page 698 of the new law.)

New Debit Card Rules

Consumers might not be able to charge a piece of candy for $1.50 anymore. Store owners would now be allowed to set minimums on credit card transactions of up to $10, which they are currently not allowed to do.