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Ever since JPMorgan Chase launched its 0-a-year Sapphire Reserve Card in 2016, there’s been a proliferation of cards joining it and the American Express Platinum Card in offering big perks for a big annual fee.
But whether enough people are willing to hold many of these cards may determine how sustainable the expansion is.
Federal law still bans the sale of marijuana for medical or recreational purposes, even though 29 states and Washington, D. "Given this complexity, we continue to monitor the situation, seek guidance from regulators and inform merchant acquirers of any new developments."Many banks won't extend basic banking services to marijuana dispensaries, meaning checks can't be used for payment either.
Westend61/Getty Images If you're seeking some digital titillation, don't try to use your American Express card for the experience."American Express' policy does not allow the acceptance of the card for digital adult content," says Leah Gerstner, a company spokeswoman.
If you're intent on buying one of these naughty things, "it pays to discover" they can't be bought with your credit card.It turns out there are some things credit cards won't buy.So you leave home without them, to riff off of American Express' old catchphrase.Ryan Deberardinis / Eye Em/Getty Images You've probably heard this priceless slogan before: "There are some things money can't buy.For everything else there's Mastercard."Well, it's not exactly true.