According to the company spokeswoman, the policy has been in place since 2000.The company found that the online adult-content industry has "an unacceptably high level of customer disputes," according to Chao.
Normally you are charged an ATM fee from your bank and the entity that owns the ATM.
With a cash advance, you incur those charges plus immediately start accruing interest charges on the cash advance.
Buying gambling chips on a credit card is also a violation of the contracts that Caesars has with Visa and Master Card, says Thompson. However, credit cards do allow cash advances from ATMs that can, in turn, be used to buy gambling chips.
That's an even more expensive way to gamble because most credit cards charge interest on cash advances immediately after the advance is issued.
If you're looking for a little online titillation, don't use your American Express card for the experience.
The company doesn't allow its cardholders to purchase online pornography, even though it's federally legal, says Chao.Visa declined to comment, while Master Card and Discover did not respond to inquiries about their online pornography purchase policies.If you need chips for that high-stakes poker game in Las Vegas, better bring cash."Often retailers are reluctant to accept credit cards for lottery purchases (because) their sales commission is reduced by the swipe fees they would have to pay on the transaction."Visa and Master Card declined to comment on their policies toward purchases of lottery tickets.Bankrate's community sharing policy Bankrate wants to hear from you and encourages thoughtful and constructive comments.Credit card brands always brag about their cards' ability to expand your purchasing power and vie with each other for the greatest universal acceptance worldwide. It turns out there are some things credit cards won't buy.