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Thread: Buying a car getting miles (merged threads)
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Old Aug 22, 2007 | 6:34 pm
  #14  
mia
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Relevant, and very recent article here...

http://www.suntimes.com/news/zimmerm...ixer06.article

...according to both MasterCard spokesman Tristan Jordan and Visa spokeswoman Dori Busell, car dealers are not allowed to set maximum purchase amounts under their merchant agreement with the bank that handles their credit transactions.
...

One caution: Busell, of Visa, said many car dealerships organize their sales and service entities as two distinct businesses. Sometimes the service side decides to accept credit cards and the sales portion does not. That's fine. But if the sales portion does accept cards, it's not allowed to set a maximum.
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