new merchant codes for CC gun/Ammo buys

[free]

Why are there ANY merchant codes?

Why does my credit card company need to know if I am buying food or a couch or ammo?

It doesn't. It just knows where you shop, not what you buy there.

Except AmEx.

[Gman106]

Cash is still King.

Except any transaction over $600 triggers a fed notification.

[free]

Except any transaction over $600 triggers a fed notification.

Totally not true. Where do you get this nonsense?

[Delkal]

This could open the door to a bank issuing a card that gives cash back for gun purchases.....

Whats in your wallet?

[free]

This could open the door to a bank issuing a card that gives cash back for gun purchases.....

Whats in your wallet?

Any card that offers cash back will give you cash back for gun purchases.

[Delkal]

Any card that offers cash back will give you cash back for gun purchases.

I was thinking more cash back for gun purchases. Citi has a 1% card but gives 5% back on different categories and Costco gives 4% on gas, 3% on restaurants, and 1% everything else.

Now that gun shops have their own category a bank could do something like this. I have a feeling it would be very popular and 2A supporters would flock to it.

[free]

I was thinking more cash back for gun purchases. Citi has a 1% card but gives 5% back on different categories and Costco gives 4% on gas, 3% on restaurants, and 1% everything else.

Now that gun shops have their own category a bank could do something like this. I have a feeling it would be very popular and 2A supporters would flock to it.

I see. Well, it couldn't be just for guns, since stores with the cat code sell more than guns. It would have to be for anything they sell.

But I see what you're saying. Would make for a good NRA branded card.

I wonder what they would do with sporting goods stores that sell guns. Are they sporting goods or guns?

[esh21167]

'Cash only!'

'Buy locally only!'

Yeah, I'm going to find a new Beryl rifle at an LGS...

Or an HK SP5 or SP5K...

Or many other limited quantity items that are available only at select online vendors, many of which have no method other than CC for payment.

'Don't affect me. I only buy locally, and only with cash...'

Kind of like, 'Don't affect me. I don't need a bumpstock or a pistol brace to shoot a deer.'

Sounds a little Fuddish.

[widgetman101]

It doesn't. It just knows where you shop, not what you buy there.

Except AmEx.

To bad Amex isn't widely accepted by a lot of smaller stores due to their high fees. Amex charges more than double what Visa/Mastercard & Discover charge for CC processing fees.

[akley88]

Totally not true. Where do you get this nonsense?

at one point last year Biden wanted all bank accounts with over $600 monitored as well as transactions over 600. they stepped away from this and had changed it to 10k. Not sure where this plan stands now.