Want to Charge Weed? What Credit Card are You Carrying?
A growing number of states have passed laws legalizing marijuana, and more states are currently considering legalization bills of their own. If you live in one of the 16 states that already allows marijuana to be purchased for medicinal use, you can charge it according to most major credit card issuers’ policies.
If you’re a Mastercard holder, however, the fact that you’ve swiped weed expenses in the past doesn’t guarantee you’ll be able to do so in the future.
“The issue of purchasing medical marijuana is an emerging issue, and we’re continuing to look into it,” says Jim Issokson, a spokesman for MasterCard.
Visa and Discover also allow people to purchase medical marijuana in states where it’s legal. Citing the fact that marijuana–medical or not–is still illegal according to federal law, American Express does not allow its customers to use its cards for pot purchases of any kind.
“It is our policy to adhere to the federal law in such matters,” Bradley R. Manor, an AmEx spokesman, told Smartmoney.com .
Last week Delaware became the latest state to legalize medical marijuana. Patients in Delaware may possess up to six ounces of pot, as long as they obtain a written note from their doctor describing the specific medical need and send a copy of the note to the state’s health and human services department, according to a summary by medicalmarijuana.procon.org .
Ten other states have bills pending in their state legislatures that, if passed, would allow patients to possess different amounts of marijuana. Connecticut, which has six bills pending, including one advanced by Governor Dannel P. Malloy, appears closest to passing the next legalization law.
Credit.com News & Advice provides readers with unique insight, helpful tips and straight answers about their financial world. Our leading experts explore credit, loans, debt, saving, and identity theft topics. Meet our credit & finance gurus. FTC Disclosure: Credit.com has financial relationships with some companies mentioned on this site, and may be compensated if consumers choose to apply for or purchase products via links in our content. However, whether or not we are compensated does not determine which products we mention or result in preferential treatment in our editorial pieces.
Creditcard Issue Number - News
A growing number of states have passed laws legalizing marijuana, and more states are currently considering legalization bills of their own. If you live in one of the 16 states that already allows marijuana to be
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He also didn't know that Meffert had persuaded Nagin to issue an executive order exempting technology contracts from the city's bidding rules, at least not until prosecutor Matthew Coman showed it to him a few weeks ago. "That's a license to steal,"
Avoid providing your credit card number through an application. If you have provided your credit card information, call your financial institution immediately and have the card canceled. My colleague Seth Rosenblatt explains how to remove the malware
Prior to the Credit Card Act, PREMIER Bankcard added approximately 250000 new customers a month, Beacom said, but that number is now closer to 35000 customers a month. Spearfish is the only PREMIER Bankcard facility that is closing.
Want to Charge Weed? What Credit Card are You Carrying? | Credit ...
A growing number of states have passed laws legalizing marijuana, and more states are currently considering legalization bills of their own. If you live in one of the 16 states that already allows marijuana to be purchased for medicinal use, you can charge it according to most major credit card issuers’ policies.
If you’re a Mastercard holder, however, the fact that you’ve swiped weed expenses in the past doesn’t guarantee you’ll be able to do so in the future.
“The issue of purchasing medical marijuana is an emerging issue, and we’re continuing to look into it,” says Jim Issokson, a spokesman for MasterCard.
Visa and Discover also allow people to purchase medical marijuana in states where it’s legal. Citing the fact that marijuana–medical or not–is still illegal according to federal law, American Express does not allow its customers to use its cards for pot purchases of any kind.
“It is our policy to adhere to the federal law in such matters,” Bradley R. Manor, an AmEx spokesman, told Smartmoney.com .
Last week Delaware became the latest state to legalize medical marijuana. Patients in Delaware may possess up to six ounces of pot, as long as they obtain a written note from their doctor describing the specific medical need and send a copy of the note to the state’s health and human services department, according to a summary by medicalmarijuana.procon.org .
Ten other states have bills pending in their state legislatures that, if passed, would allow patients to possess different amounts of marijuana. Connecticut, which has six bills pending, including one advanced by Governor Dannel P. Malloy, appears closest to passing the next legalization law.
Credit.com News & Advice provides readers with unique insight, helpful tips and straight answers about their financial world. Our leading experts explore credit, loans, debt, saving, and identity theft topics. Meet our credit & finance gurus. FTC Disclosure: Credit.com has financial relationships with some companies mentioned on this site, and may be compensated if consumers choose to apply for or purchase products via links in our content. However, whether or not we are compensated does not determine which products we mention or result in preferential treatment in our editorial pieces.
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A credit card issue number will be found on the front of the credit card (if it has an issue number). Typically the issue number is only assigned to...
