{"id":6984,"date":"2018-02-15T08:30:45","date_gmt":"2018-02-14T22:30:45","guid":{"rendered":"https:\/\/reckoner.com.au\/?p=6984"},"modified":"2018-02-15T08:30:45","modified_gmt":"2018-02-14T22:30:45","slug":"the-commonwealth-bank-wont-let-you-buy-bitcoin-on-credit-anymore","status":"publish","type":"post","link":"https:\/\/reckoner.com.au\/news\/the-commonwealth-bank-wont-let-you-buy-bitcoin-on-credit-anymore\/","title":{"rendered":"The Commonwealth Bank wont let you buy Bitcoin on credit (anymore)"},"content":{"rendered":"

\"\"<\/p>\n

The Commonwealth Bank\u00a0has announced an immediate ban on the use of\u00a0CBA and Bankwest credit cards to buy cryptocurrency, though it will not ban other methods of fiat payment.<\/p><\/blockquote>\n

My guess is that has happened because a bunch of people bought into Bitcoin at it’s media frenzied peak and now can’t pay their credit card bill as it bottoms out.<\/p>\n

Makes sense. The CBA is following the lead of UK’s Lloyds and pretty much every US bank so I’d expect others in Australia to do similar soon too.<\/p>\n

Source: CBA blocks crypto coin buys on credit cards – Finance – Security – iTnews<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"The Commonwealth Bank\u00a0has announced an immediate ban on the use of\u00a0CBA and Bankwest credit cards to buy cryptocurrency,…\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[10],"tags":[94,482],"jetpack_publicize_connections":[],"reckoner_social_message":null,"_links":{"self":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/6984"}],"collection":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/comments?post=6984"}],"version-history":[{"count":0,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/6984\/revisions"}],"wp:attachment":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/media?parent=6984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/categories?post=6984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/tags?post=6984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}