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xepherys · 01-05-2006, 10:58 AM

So, what is the legality of stores that won't accept any bill larger than a $20? It seems to me that since a $100 bill is US Legal Tender, any US-based retail store would be required by law to accept and make change for this bill. I understand a small store that may legitimately not have change in the till at open. But a Subway? The one near me, I know, does not drop money more than once an hour or so. I KNOW they have change for that hundred... but they refuse to take it. That shit pisses me off. As a side note, what about the allowance of "minimum purchases" for credit card use? I recall from my days in retail that Visa and Mastercard, and I believe Discover have mandates in their merchant contracts that the merchants cannot require a minimum purchase amount. Is this still the case? Does anyone have links or documentation on either? Thanks!!!

01-05-2006, 10:58 AM	#1 (permalink)
xepherys <3 TFP Location: 17TLH2445607250	Nothing larger than a $20??? So, what is the legality of stores that won't accept any bill larger than a $20? It seems to me that since a $100 bill is US Legal Tender, any US-based retail store would be required by law to accept and make change for this bill. I understand a small store that may legitimately not have change in the till at open. But a Subway? The one near me, I know, does not drop money more than once an hour or so. I KNOW they have change for that hundred... but they refuse to take it. That shit pisses me off. As a side note, what about the allowance of "minimum purchases" for credit card use? I recall from my days in retail that Visa and Mastercard, and I believe Discover have mandates in their merchant contracts that the merchants cannot require a minimum purchase amount. Is this still the case? Does anyone have links or documentation on either? Thanks!!!