- Gambling Guidelines & Usage of Credit Cards with certain Financial Institutions
From the 3rd December 2018, a number of financial institutions have changed the way they treat gambling transactions to help minimise potential customer harm from gambling when using a credit card.
- Certain transactions that are identified as being for gambling or gambling purposes may be declined based on their balance (specifically a percentage of their credit card limit) at that time.
- These rules vary amongst financial institutions, with some already banning any gambling transactions already regardless of your balance.
- All other payment methods are not impacted by this change.
Where can I find out more?
For more information about your Credit Cards Conditions of Use or Gambling guidelines, get in touch with your Financial Institution directly.