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It could be a purchase at an electronics store when you normally never charge anything from that category.
It may be many transactions in a very short period of time.
The average APR on such a transaction is 23.68 percent, according to a 2017 survey by Credit
That’s nearly eight percentage points higher than today’s average credit card APR.
First, double-check that you’ve entered all your information correctly.
Adam Gault/Getty Images If you need chips for that high-stakes poker game, better bring cash. However, credit cards do allow cash advances from ATMs, he says.
These funds can then be used to buy chips or inserted into an electronic gaming device like a slot machine.
Keep in mind the high cost of a credit card cash advance.
This is a general security feature that almost all U. The second reason is that most illegal credit card transactions occur in foreign jurisdictions.
The double-edged sword of credit card companies being held liable for fraudulent charges (instead of the consumer) is that they are hyper-vigilant over anything that looks suspicious. It might be a very large purchase, because you usually only make small purchases.
One reason for the ban: Am Ex says customer disputes with online adult-industry companies increased administrative costs.