banking rule/regulation I discovered today when I tried to make an online purchase in another state and it was declined? When I called about what was wrong since I had way more than enough money in my bank to purchase the item, I was told it was because it was in a state other than Virginia so if I wanted to continue with the purchase they would unblock that purchase for one time only....any future purchases would require that I call the bank ahead of time and let them know so they could unblock it again. According to them, even if I travel to visit family out of state I would be declined (say I was taking everyone to Red Lobster), suffer the embarrassment of having the card declined in the restaurant, and then have to call the bank to unblock that purchase and wait another half hour or so for it to be activated for use. The ONLY way I could unblock my card permanently is to agree that ANY fraudulent charges on my card would be unclaimable by me and that I would be responsible for any and all of them. Evidently, I'm, at 79 years old, too foolish to know what I want to spend my money on when I'm in another state so they are going to 'protect' me from myself.
Yeah....Hitler comes to mind........Thank you, Dodd/Frank, for infringing on my rights again, as they just keep adding to the list of government 'protections'.