AMEX GC purchase charged as cash advance
I had a recent AMEX gift card purchase using my Citi AA Amex card charged as a cash advance. I was told same as above, Due to the new federal rules Citi will treat all charges from financial institutions as a cash advance. They did refund my charges this time.
I have two major issues with this:
1.) There's no indication when the charge happens that it will be a cash advance and have the associated fees and interest.
2.) What are they going to treat as a financial institution? Wasn't WalMart trying to get status as a bank awhile back?