Credit card brands always brag about their cards' ability to expand your purchasing power and vie with each other for the greatest universal acceptance worldwide. It turns out there are some things credit cards won't buy.
Remember Master Card's priceless slogan: "There are some things money can't buy. So you leave home without it, to riff off of American Express' catchphrase.
As a consumer, "it pays to discover" the five items that can't be bought with your credit card and the reasons behind the policy.
It doesn't matter if you're buying marijuana for a medical purpose or for recreation; the transaction can only be made by cash.
Visa and Master Card did not respond to requests for comment.
Aldworth also says banks won't extend basic banking services to marijuana dispensaries, meaning they can't take checks, either."This can cause real-life issues for patients desperately seeking medicinal marijuana," she says.
If you're looking for a little online titillation, don't use your American Express card for the experience.
The company doesn't allow its cardholders to purchase online pornography, even though it's federally legal, says Chao.