Skip to comments.Is Chase Bank Anti 2A
Posted on 02/28/2013 2:47:04 AM PST by DaiHuy
My friend Don just told me he was at a local gun shop and was buying some 9mm ammo. He gave the owner his Chase debit card. The owner told him he couldn't use the card for payment. Don thought it was because the owner assumed it was a credit card. Don told him it was a debit card. The shop owner then told Don it was because Chase Bank will not honor gun or ao purchases with their credit and debit cards
Has anyone elserun into this problem?
Has anyone else run into this?
Sorry for the double post. Mods culd you please delete one of them
this is the plan,obama presuring alot of banks into doing this.
Don’t they have to follow Visa or what ever card type rules.
My Chase Visa has been working just fine!
This is not true.
I purchased Ammo last night and used a Chase Credit Card.
Bought ammo (shotgun) at Bass Pro with my Chase “Freedom” Mastercard just last week.
The story is bogus.
The credit card or debit card company has no idea what you are purchasing. They only know the total charges, the company processing the transaction and nothing more. The only way they would know what you purchased is if you disputed the charge and proved it to them by using the original invoice that you had in your possession as proof.
I own a company that utilizes both credit cards and debit card transactions and believe me, I am well aware of both the rules they go by and the rules I have to go by.
There is no way they can “pick and choose” what they will finance on a single purchase because they don’t know what you purchased to start with.
Now, with that in mind, let’s say you go to a gun store and buy some ammo....or....you go to Walmart and buy some milk, crackers and ammo. Even if they knew what you were buying...which I explain they don’t...if the funded Walmart purchases but not the gun store purchases, they would open themselves up to a huge discrimination suit.
Blow this one off folks.....it’s fantasy.
I doubt this is true but am open to correction. Sounds more like therefore owner has a beef with Chase and wants to smear them a bit. I dont think the debit payment system “knows” what item in the store you’re buying.
I could so easily be wrong.
I’ve never had a purchase denied for any reason on my debit or credit cards through Chase. Not saying I’m in love with them... they have some policies that really get under my skin, but this isn’t true at all... at least in my case.
No true. Vendor accounts have coding that tells the card company what kind of store is being patronized. It is conceivable that a dedicated gun shop could be coded as such and could be blocked.
A good example of this in action is VISA debit cards tied to health savings accounts. The transaction will decline if you try to use it somewhere like Best Buy, etc.
I actually did purchase 9m in December on my Chase Visa cc and had no problems. All my latest purchases have been and will continue to be in cash however.
I use cash. It always works-—so far—but Obama is working on it.
I have seen a report of a merchant (”Nordic Components” out of MN) having problems with their credit card processing company (”Intuit Merchant Services” refusing firearms/ammo transactions). That merchant you mentioned needs to switch CC processing companies if he/she is having problems...here is an “NRA approved” one: http://www.gopai.com NRA Business Alliance: http://www.nraba.org/benefits.aspx
Nordic Components FB page with further info: https://www.facebook.com/nordiccomp
I just used my Chase card last week on a handgun purchase and didn’t have any problems.
I used my Chase Visa card at gun store last Saturday (2/23) to pay for my NICS check and the transfer fee (purchased the firearm from an out-of-state dealer and had it transferred to a local FFL). I also used the same Chase Visa card to purchase the firearm itself about 3-4 weeks ago. No issues as described in the post.
In the example you explain, then the ENTIRE GUN SHOP would be banned from all credit card sales wouldn’t it? As a matter of fact ALL gun related businesses in the United States would be banned by Chase for ALL credit card purchases.
Now, use some common sense.
Banks have buried in the merchant fine print all sorts of exorbitant fees. Almost always if there is a charge back the bank fees and penalties will far exceed the amount being reversed. All a merchant has to do ONCE is be on the losing end of a ‘charge back’ extortion and the merchant will STOP using that payment method forward.
There is no ‘innocent until proven guilty’ in the eyes of banking institution.
I’ve used my Chase card a dozen times in 2013 for ammo purchases and range time.
Dont they have to follow Visa or what ever card type rules.
It would mean Chase is cutting them out, which I doubt, since it is not chase that handles the transaction. It’s the third party company like Star that handle the transactions. The credit card company does not care what you bought. They only care that the transaction was authorized. Watch the movie, “Middle Men” (but not with your wife and kids around).
google these words without quotes:
chase debit guns ammo hoax
It’s a hoax. You can use it.
No problems here, and I have spent in excess of 10k on such items in the last year.
You are correct on all points!
As retailer, I do trade shows (gun shows), there is a problem. You can use your credit card/debit card to make purchases, but the PROCESSOR determine whether or not that payment gets processed through. If they are anti-gun, and you sell a gun or ammo, they CAN withold the payment for that transaction as a penalty for breaking the users agreement. The customer gets the product, but the retailer does not get paid. If you as a retailer fraudulently mark the purchase as something other than firearm or firearm associated, and the customer then makes a claim against you, then you have committed fraud, which is also covered in the agreement. I will only do business now with companies that use a 2nd Amendment friendly card PROCESSOR, and I do not use BOA or Chase Bank credit cards to make purchases. That’s just me..