[edison]

I got my Citibank Gold Card fee free ever recently, which I am happy with. Unfortunately Citibank blocks me from some transactions today.

I use IG Markets mainly for CFD/foreign exchange/commodity trading. Most of these trading companies (including CMC markets) allows u to fund the account using visa/mastercard (up to $2000 per day without paying 1.75% admin fee) for trading purposes. I tried to do this today and was declined. I rang up IG Markets and they say the don't decline credit cards at all. So I rang up Citibank and they said that they block all transactions that are classified as "betting companies", which "IG Markets" is one of them. I asked them whether they can override it they said they cannot but I can do a cash advance instead for it.

So I told them I will use another credit card instead, which I did without any problems (used to use ANZ, and now I use National Velocity card).

Just wondering whether other people have experienced the same problem (may not be to a "betting company"), and if so is there anyway around it?