Visa declined to comment, while Mastercard and Discover did not respond to inquiries about their online pornography purchase policies. that permit customers to gamble directly with credit cards,” says Steve Doty, a spokesman for the American Gaming Association.
Adam Gault/Getty Images If you need chips for that high-stakes poker game, better bring cash. However, credit cards do allow cash advances from ATMs, he says.
One reason for the ban: Am Ex says customer disputes with online adult-industry companies increased administrative costs.
The ban extends to American Express gift cards and prepaid cards as well.
It turns out there are some things credit cards won’t buy.
Some of them include: late payments, applying for new lines of credit, going bankrupt or carrying a balance from month to month.With a cash advance, those fees plus the accrued interest charges on the cash advance can quickly add up.Bloomberg/Getty Images Think today might be your lucky day? Many card companies, and several states including California, Colorado, Connecticut, Georgia, Iowa and Wisconsin, prohibit the purchase of lotto tickets with credit cards.Checking your credit score on a monthly basis is a great idea so you can keep track of any changes and monitor activity.It might be wise to check it more often if you have reason to suspect there is fraudulent activity on your account.