“Do these morons understand the firearm market?”
I think you are missing the point! This isn’t about cardholders, this is about merchants ( gun shops, etc.) who use Citibank to manage their receivables. They are, in effect saying, if your business doesn’t do what we want it to, we’re through being your banker. I would suggest that there’s a market here for a bank that wants these merchants business. This is an extension of what Obola was doing. He was forcing banks not to do business with gun dealers. Basically cutting off their credit.
This is about leaning on local gun stores, not (so much) gun buyers.
Citi is, forthwith, officially a bad word. Their hating of American traditions and Americans is evident. Now it is up to us consumers to find available and excellent options.