GBank credit card

[DoIneedtostopthecar]

I was recently approved for a GBank credit card, but only two days later GBank emailed cardholders saying that all transactions are now restricted to only two merchant categories:

• MCC 7801 – Online Casino

• MCC 7802 – Horse and Dog Racing

All other transactions—including regular purchases, cash advances, point-of-sale transactions, and ATM withdrawals—are temporarily suspended.

GBank calls this a temporary measure related to “internal operational measures and system and process updates,” but they haven’t provided any explanation or timeline. When I’ve called, customer service can’t tell me why this happened or when full functionality will return.

This seems extremely unusual for a credit card, so I’m trying to find out if others are experiencing the same thing.

Has anyone else with a GBank credit card received this notice or had their card restricted to these two MCCs?

[NoMoreE46]

I would think the opposite wherein those two are the restricted MCC.

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@DoIneedtostopthecar wrote:

I was recently approved for a GBank credit card, but only two days later GBank emailed cardholders saying that all transactions are now restricted to only two merchant categories:

• MCC 7801 – Online Casino

• MCC 7802 – Horse and Dog Racing

All other transactions—including regular purchases, cash advances, point-of-sale transactions, and ATM withdrawals—are temporarily suspended.

GBank calls this a temporary measure related to “internal operational measures and system and process updates,” but they haven’t provided any explanation or timeline. When I’ve called, customer service can’t tell me why this happened or when full functionality will return.

This seems extremely unusual for a credit card, so I’m trying to find out if others are experiencing the same thing.

Has anyone else with a GBank credit card received this notice or had their card restricted to these two MCCs?

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[Varsity_Lu]

Well, this is what they are advertising, so it looks like they are trying to promote gamblers using the card. Very strange.

[Jnbmom]

DH has this card nothing special but no mention of this at all .

[CashRewardsGuy]

I've had the card for about 4 months now and I just had a transaction declined. I called and they told me what they told you. I laughed and said thanks. They told me to try and use the card every once and awhile and they'll eventually have the situation fixed.

[Patient957]

Because who doesn't need a credit card for dog racing?

[1lifeisworthit]

I used to say, "There's nothing new under the sun."

I don't think I can say that anymore. Not until there is another Gambling-Only card under the sun. Until then? This is definitely new.

[NoMoreE46]

I dont forsee a lot of write-offs on this product.

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@Varsity_Lu wrote:

Well, this is what they are advertising, so it looks like they are trying to promote gamblers using the card. Very strange.

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[Jessie]

I'm not familiar with GBank, but that does sound sketchy. Most places prohibit those expenses. You should call and get more info.

[FicoMike0]

So, they pay 1% on gaming, 2% on everything else, roflol. Even my old sad sack  1.5% quicksilver beats that. Is there any rewards card that pays less than 1% ? I can get 3% on gaming with aven, 2% with wf active cash.