Will Retailers Really Deny Premium Credit Cards?

It’s about to get a lot more important to look at the fine print on your credit card.

As part of a settlement they reached with retailers to end more than 20 years of litigation, Visa Inc. and Mastercard Inc. agreed this week to loosen their “honor all cards” policies. The rules required merchants to accept all types of Visa or Mastercard credit cards if they accepted any from the two networks.