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Originally Posted by Shaun
Capital One sent a leaflet in their statement - no sign of reduced fees for bouncing payments but they're now classing withdrawals at bookies and internet gambeling sites as cash advances rather then purchaces.  |
I am bit puzzled about this. I understand you could not use your credit card to gamble, for example there was the case of Kassogi, the arms dealer that used his credit card in various euro casinos and lost millions. The casinos failed to enforce his debts as he had used his credit cards to gamble and that was illegal.
That's perhaps why Capital One classes them as cash advances.
Capital One is also one of the few credit cards that can be given to under 18 (non principal cardholder). The idiots at 3 network, said to my 14 year old son, we checked, you have a credit card, therefore you are over 18, here is free adult content for you....