In the language of credit cards, “gold” has long been used to describe a certain level of benefits and consumer protections. Many banks issue Gold Visa or MasterCard credit cards, and American Express features a Gold card in its charge-card lineup.
Soon, “gold” will be used to describe a new type of credit card – but in more literal terms. The Gold Bullion credit card promises to be backed up by the value of your own gold bullion coins. Don’t have any? The company marketing the card can buy them for you at market rates.
It seems ironic to have a credit card made of solid gold, but Visa and Sberbank have begun offering a credit card made of solid gold to Sberbank’s top 100 customers in Kazakhstan as a companion card to the Visa Infinite card, hoping to capitalize on what they see as a “growing appetite for elite, status-symbol cards.”
A group of pro 2nd amendment activists offered $110 from their own pockets. $10 over what the Bureaucrats were offering for a no questions asked gun buying program to remove weapons from the hands of the public at the expense of tax payers/victims.
The $110 offer from the activist was actual cash also rather than a grocery card from a pro victim disarmament grocery store.
Credit cards are no longer being accepted at California medical marijuana dispensaries -- thanks to pressure from the federal government. Someone -- likely the Treasury Department -- has informed credit card companies that they must no longer process credit card transactions involving medical marijuana, according to SF Weekly.
Users of electronic cash protocol Bitcoin might soon have another way to access and spend funds...Charlie Shrem...revealed that his company was 6-8 weeks away from launching a Bitcoin-funded international debit / credit card that will be issued by two unnamed major banks: one international and one domestic...the card will function like a regular debit or credit account and should be accepted wherever MasterCard is accepted – virtually everywhere. The first 1,000 cards will be given away for free but after those have been spoken for, expect to pay around $10 for a card.