From: Alex 
Newsgroups: uk.finance
Subject: Re: Credit card madness.
Date: 11 Nov 2004 13:51:07 GMT

Without a hint of irony, Jonathan Bryce  
astounded uk.finance on 09 Nov 2004 by announcing:

> Zed wrote:
> 
>> Interesting, because the only time my Mastercard was ever declined was
>> when I was over the limit, and the purchase was about £20 from a
>> Waterstones.
>> Presumably for this purchase they cheeked with the card issuer?  It
>> doesn't seem very much to check?
> 
> I thought the floor limit was generally about £10.

The floor limit isn't 'generally' anything.  It's entirely down to the 
merchant's agreement with their acquirer, and the merchant usually has a 
different limit per card scheme.