Fear & Loading: Citi Excludes Guns, Ammo From New Credit Card Protection Policy

by
posted on May 30, 2018
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
citi.jpg

Effective July 29, Citi will no longer cover firearm or ammunition purchases under its credit card purchase protection program. The previous policy, which went into effect May 15, 2016, didn’t include the gun-related exclusion.

The new terms explain [PDF, page 26]—under the “Damage & Theft Purchase Protection” clause—a variety of products and services that do not qualify for reimbursement.  “Firearms or ammunition” are last on the list. The words were not included in the previous version [PDF, page  22].

                                                

Guns and fodder are also no longer covered by the financial firm’s “90 Day Return Protection” [page 32] for its credit card users, another change from the previous document [pages 27 and 28]. The same words have also been inserted in the “Price Rewind” section.

Reader and former U.S. Marine Corps sniper Bernie Oliver brought the changes to our attention. He considered the previous coverage valuable, partly due to return policies that vary wildly between sporting goods stores.  

The anti-Second Amendment policy is nothing new for the firm. On March 22 Citigroup announced a “U.S. Commercial Firearms Policy,” in which it dictated that its clients not sell “… bump stocks or high-capacity magazines … ” In addition, only customers 21 or older can purchase a firearm in stores using its services. 

Citi isn’t the only financial institution applying economic clout to leverage its morals, though. Bank of America announced in April that makers of modern sporting rifles would no longer qualify for loans from the company. The world’s largest asset investment firm, BlackRock, challenged publicly traded gun companies to explain how they monitor their product’s use/safety earlier this year—forcing a response from American Outdoor Brands and others at the implied threat. More recently, a proposal passed at Ruger’s annual meeting of stockholders, prompting this response from the famed firm.

Latest

Hearing Healthy
Hearing Healthy

Summer Suppressor Deals On Now

Whether it is a BOGO deal from SIG or free tax stamps from Guns.com and Silencer Central, there's plenty of hearing-safe savings to be had this summer.

Rifleman Report: Defending Freedom For 250 Years

"Anyone who claims not to understand the plain and simple intent of the Second Amendment—especially if that person happens to be a constitutional law professor, Supreme Court justice, congressman, senator or president—is likely hiding nefarious intent: to strip individual liberty from American citizens for the express purpose of making them susceptible to a tyrannical government."

Book Review: 2025 Traveler’s Guide To The Firearms Laws Of The Fifty States

Newly updated for 2025, the 29th edition of the Traveler’s Guide To The Firearm Laws Of The Fifty States is packed with all the need-to-know information for cross-country trekkers seeking to bring their arms along with them and remain legal in all localities.

Springfield Kuna: A PDW For The Masses

Small, yet fierce, the namesake of Springfield Armory’s latest large-format pistol is a revered forest dweller in the land of its Croatian manufacturing partner, HS Produkt. The new Kuna is poised to be just as welcome in America.

The Armed Citizen® June 30, 2025

Read today's "The Armed Citizen" entry for real stories of law-abiding citizens, past and present, who used their firearms to save lives.

Book Review: Clockwork Basilisk: The Early Revolvers Of Elisha Collier & Artemas Wheeler

The result of a decade of research, Clockwork Basilisk is a comprehensive, two-volume history of the rare revolvers that preceded the development of the well-known Colt guns of the 1830s.

Interests



Get the best of American Rifleman delivered to your inbox.