evilbrownrifle Posted March 22, 2018 at 08:46 PM Share Posted March 22, 2018 at 08:46 PM Citi’s new “US Commercial Firearms Policy” requires firearms only be sold to people age 21 or older, that gun purchasers pass a background check, and restricts sales of bump stocks or “high-capacity magazines.” Corbat, who claims to be “an avid outdoorsman and responsible gun owner,” says the new restrictions are a great compromise for Second Amendment advocates and anti-gunners.“We don’t have the perfect solution to supporting our Constitution while keeping our children and grandchildren safe,” he writes, adding, “But we shouldn’t let that stop us from doing our part.”https://www.infowars.com/citigroup-imposes-restrictions-on-client-gun-sales/Maybe gun owners need to contact their legislators where it does any good and suggest we need more govt. bank control. Link to comment Share on other sites More sharing options...
spec4 Posted March 22, 2018 at 08:51 PM Share Posted March 22, 2018 at 08:51 PM Banking is a very competitive business. IMO they are nuts to irritate good customers for no reason. Link to comment Share on other sites More sharing options...
cybermgk Posted March 22, 2018 at 09:00 PM Share Posted March 22, 2018 at 09:00 PM I REALLY hope it really hurts their business. Link to comment Share on other sites More sharing options...
JDW Posted March 22, 2018 at 09:05 PM Share Posted March 22, 2018 at 09:05 PM I have two accounts at Citi, they'll both be transferred out by next week. Link to comment Share on other sites More sharing options...
BobPistol Posted March 22, 2018 at 09:07 PM Share Posted March 22, 2018 at 09:07 PM time for a boycott. Link to comment Share on other sites More sharing options...
WitchDoctor Posted March 22, 2018 at 09:12 PM Share Posted March 22, 2018 at 09:12 PM I have two accounts at Citi, they'll both be transferred out by next week.x2 Link to comment Share on other sites More sharing options...
evilbrownrifle Posted March 22, 2018 at 09:21 PM Author Share Posted March 22, 2018 at 09:21 PM I would boycott Citi but I had accounts with them 20 years ago that were so poor from a customer service standpoint that I've been boycotting them since the 1990s Link to comment Share on other sites More sharing options...
Blackbeard Posted March 22, 2018 at 11:22 PM Share Posted March 22, 2018 at 11:22 PM Imagine if they came out and said all commercial clients are not allowed to perform abortions. Link to comment Share on other sites More sharing options...
InterestedBystander Posted March 23, 2018 at 12:00 AM Share Posted March 23, 2018 at 12:00 AM CNBC https://www.cnbc.com/2018/03/22/citigroup-sets-restrictions-on-gun-sales-by-business-partners.html Full story at link... Citi restricts gun sales by business partners, says New York Times ..."Citigroup is setting restrictions on the sale of firearms by its business customers, making it the first Wall Street bank to take a stance in the divisive nationwide gun control debate. The new policy, announced Thursday, prohibits the sale of firearms to customers who have not passed a background check or who are younger than 21. It also bars the sale of bump stocks and high-capacity magazines. It would apply to clients who offer credit cards backed by Citigroup or borrow money, use banking services or raise capital through the company. The rules, which the company described as "common-sense measures," echo similar restrictions established by some major retailers, like Walmart. But they also represent the boldest such move to emerge from the banking sector.:... Link to comment Share on other sites More sharing options...
ddan Posted March 23, 2018 at 12:06 AM Share Posted March 23, 2018 at 12:06 AM Except that in several states, their “common sense”under 21 ban is in conflict with state anti-discrimination law. Good luck with that. Link to comment Share on other sites More sharing options...
Euler Posted March 23, 2018 at 12:07 AM Share Posted March 23, 2018 at 12:07 AM ... I have a Capital One Visa and they cut my credit limit citing I don't use more then 10% of my available credit. There was a time when Citi canceled every Visa they had and enrolled all former Visa holders into MasterCard. I quit Citi then. I tried Capital One, but they gave me a ridiculously low credit limit (like not enough to buy anything for which I'd actually need a card) and refused to raise it, so I killed that one, too. When I got my annual credit report, I saw that Capital One had been making credit inquiries on me every week for the whole time I had their card, so they certainly knew I was creditworthy. That's two cases of someone being too stupid to take my money when I freely offered it to them. ... OTOH the source is Alex Jones and I don't believe much of what he babbles. INFO WARS? Really? I could say many things, but ... +1. Link to comment Share on other sites More sharing options...
InterestedBystander Posted March 23, 2018 at 12:07 AM Share Posted March 23, 2018 at 12:07 AM Tucker Carlson discussing on his Fox show now. Link to comment Share on other sites More sharing options...
Quiet Observer Posted March 23, 2018 at 12:46 AM Share Posted March 23, 2018 at 12:46 AM When I read the OP, I thought someone had fallen for a phony news story. I quick search reveals that it is true. A normal mind sees that the policy is stupid. As mentioned above, there are plenty of other banks that will be willing to take on new business customers. Fortunately, I do not do any business with Citi. Link to comment Share on other sites More sharing options...
kevinmcc Posted March 23, 2018 at 01:23 AM Share Posted March 23, 2018 at 01:23 AM I am fine not doing any business with Citibank. Their loss of profits... Link to comment Share on other sites More sharing options...
InterestedBystander Posted March 23, 2018 at 01:37 AM Share Posted March 23, 2018 at 01:37 AM the phrase "common-sense measures" triggers me! ;-) Link to comment Share on other sites More sharing options...
transplant Posted March 23, 2018 at 01:37 AM Share Posted March 23, 2018 at 01:37 AM I closed my Citi account today. The people I got on the phone had shaky voices and some stuttering. They know why I was closing my account before I laid into them. I also talked to Chase to increase a line there, and customers were talking to them about Citi too. I was not to the first to bring up citi with the Chase folks. Link to comment Share on other sites More sharing options...
Kipp Jones Posted March 23, 2018 at 03:17 AM Share Posted March 23, 2018 at 03:17 AM Did they remove all of their guards firearms? Link to comment Share on other sites More sharing options...
Euler Posted March 23, 2018 at 03:37 AM Share Posted March 23, 2018 at 03:37 AM Did they remove all of their guards firearms? People who eschew owning firearms think it's okay to pay someone else to own firearms for them. Link to comment Share on other sites More sharing options...
C0untZer0 Posted March 23, 2018 at 03:49 AM Share Posted March 23, 2018 at 03:49 AM I had Chase create a cashier's check for me to purchase a Glock, the personal banker asked me what the check was for - I think they're required by anti-laundering policy to ask that. I told her it was to purchase a Glock handgun. She told me how her brother was a marine and took her shooting once. Link to comment Share on other sites More sharing options...
RECarry Posted March 23, 2018 at 12:14 PM Share Posted March 23, 2018 at 12:14 PM C0untZer0, on 22 Mar 2018 - 10:49 PM, said:I had Chase create a cashier's check for me to purchase a Glock, the personal banker asked me what the check was for - I think they're required by anti-laundering policy to ask that. I told her it was to purchase a Glock handgun. She told me how her brother was a marine and took her shooting once. That sounds intrusive for something under $1,000. What if you told them you were sending U.S. dollars to family in Mexico, or Ukraine? The anti-laundering report used to be for cash amounts $10,000+. Link to comment Share on other sites More sharing options...
spec5 Posted March 23, 2018 at 01:51 PM Share Posted March 23, 2018 at 01:51 PM time for a boycott.Done. As of today account closed. Link to comment Share on other sites More sharing options...
spec5 Posted March 23, 2018 at 01:57 PM Share Posted March 23, 2018 at 01:57 PM time for a boycott.Done. As of today account closed. Link to comment Share on other sites More sharing options...
drumgod Posted March 23, 2018 at 02:08 PM Share Posted March 23, 2018 at 02:08 PM “We don’t have the perfect solution to supporting our Constitution while keeping our children and grandchildren safe,” he writes, adding, “But we shouldn’t let that stop us from doing our part ignoring it.” Fixed that for them. Vote with your money folks. I have avoided Citibank for years because of past service issues. Now I will avoid businesses that use them as well. Link to comment Share on other sites More sharing options...
Hatchet Posted March 23, 2018 at 02:24 PM Share Posted March 23, 2018 at 02:24 PM Damn my best buy CC is through them. I guess once i pay off the 0% interest for my washer and dryer i will have to close. Damn it was nice getting appliances with 0% also. Oh well. Link to comment Share on other sites More sharing options...
InterestedBystander Posted March 23, 2018 at 02:32 PM Share Posted March 23, 2018 at 02:32 PM It was mentioned in the other thread, closing account may impact your credit score. If you keep the account open and perhaps use it on a small purchase once or twice a year, it could cost them more money maintining your account than if you close it. Link to comment Share on other sites More sharing options...
heckler40 Posted March 23, 2018 at 04:26 PM Share Posted March 23, 2018 at 04:26 PM Yup I have personal and business accounts. So, looking for a replacement. Link to comment Share on other sites More sharing options...
kk5 Posted March 23, 2018 at 04:37 PM Share Posted March 23, 2018 at 04:37 PM I overpaid one of their credit cards by 49 cents one month. Got a +.49 statement every month til it was used again. Costs them more than that to send the statement.Food for thought. Link to comment Share on other sites More sharing options...
chancemccall Posted March 23, 2018 at 05:01 PM Share Posted March 23, 2018 at 05:01 PM Citi’s new “US Commercial Firearms Policy” requires firearms only be sold to people age 21 or older, that gun purchasers pass a background check, and restricts sales of bump stocks or “high-capacity magazines.” Corbat, who claims to be “an avid outdoorsman and responsible gun owner,” says the new restrictions are a great compromise for Second Amendment advocates and anti-gunners.“We don’t have the perfect solution to supporting our Constitution while keeping our children and grandchildren safe,” he writes, adding, “But we shouldn’t let that stop us from doing our part.”https://www.infowars.com/citigroup-imposes-restrictions-on-client-gun-sales/Maybe gun owners need to contact their legislators where it does any good and suggest we need more govt. bank control. We just cut up and degaussed our Citi Black Cards and are returning them to their CEO with a letter of explanation. Since we pay our balance ever month it may not be much of a loss to them but at least they will know that not all gun owners are "blue collar deplorables" with no credit and no education. I am involved in a number of businesses, and I sent all of them emails directing they discontinue any and all business with Citi as soon as it is practical and to write letters and emails to all appropriate parties at Citi explaining the reasons why. Link to comment Share on other sites More sharing options...
Ainge64 Posted March 23, 2018 at 11:55 PM Share Posted March 23, 2018 at 11:55 PM Let's say you're buying a firearm from a GunBroker seller and planning to pay for it with your Citi card, which I had planned to do in the next couple of days. The seller gets paid for the firearm, but the background check isn't performed until you visit your FFL to inspect the purchase. How is that going to work? Link to comment Share on other sites More sharing options...
borgranta Posted March 24, 2018 at 01:48 AM Share Posted March 24, 2018 at 01:48 AM Citi’s new “US Commercial Firearms Policy” requires firearms only be sold to people age 21 or older, that gun purchasers pass a background check, and restricts sales of bump stocks or “high-capacity magazines.”[/size] Corbat, who claims to be “an avid outdoorsman and responsible gun owner,” says the new restrictions are a great compromise for Second Amendment advocates and anti-gunners.[/size]“We don’t have the perfect solution to supporting our Constitution while keeping our children and grandchildren safe,” he writes, adding, “But we shouldn’t let that stop us from doing our part.”https://www.infowars.com/citigroup-imposes-restrictions-on-client-gun-sales/Maybe gun owners need to contact their legislators where it does any good and suggest we need more govt. bank control.This would have the effect of pressuring businesses to potentially violate numerous state and/or local laws that prohibit age discrimination such as the Oregon state which prohibits discrimination of adults on the basis of age. Link to comment Share on other sites More sharing options...
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