Post
Topic
Board Bitcoin Discussion
Re: BREAKING NEWS : Bank of America and JP Morgan Are banning CC purchases
by
Crypington
on 03/02/2018, 22:14:40 UTC
It’s been bad for a while... BoA “froze” my debit card and cancelled my purchase the first time I tried to use coinbase.  I had to call and authorize the use, and try again.  Which again froze my account and cancelled the purchase.  I had to call again and it worked the 3rd time ...

And that was my debit card, it was my money.  This is why people are getting into crypto.  Banks trying to control how you spend your own money, and the reason they give you for locking your account is “suspicious behavior”?  It’s like they are admitting they so unsecured that the can’t tell a real purchase from a scammer, so they overreact to protect themselves, and inconvience you.

It doesn’t surprise me they are now stopping CC purchases, but When you have an 800+ credit score, a perfect payment record, and pay it off in full every month, it does kind of piss you off.