How And Why You Should Conceal Naughty Credit Card Purchases

You might want to think twice before picking up the bar tab too often; money blog Realm of Prosperity says some credit card purchases may get your account flagged and lower your customer value in the eyes of your credit card company.

Photo by stevendepolo.

Financial blogger Simon Zhen says that credit card companies routinely profile customers according to the purchases they make and are always on the lookout for signals that a customer is engaging in reckless or risky behaviour. Credit card purchases for things like gambling websites, lottery tickets or repeated cash advances may cause your creditors to worry you're having cash flow issues. Fair or not, charges for adult entertainment, alcohol and therapy visits might get you on a company's radar for potential addictive behaviour.

People are judging people all the time, and banks are judgmental too. After approving your credit card application, credit card companies will truly learn what your financial habits are. Even though they may not cancel your card, they can limit the privileges of your account.

Naughty purchases are considered risky behaviour in the eyes of credit card companies. If you called to ask for a lower interest rate or to have a fee removed, good luck – because a flagged card would certainly decrease your chances of getting it.

Zhen points out that you don't have to pay cash for the naughty things you want to buy, you'll just need to change your purchasing habits a bit. He recommends using either an e-commerce banking site like Paypal to buy grown-up fun things, or snag a few prepaid cards at the shop and use those instead.

Your particular credit card company may pay no attention whatsoever to the things you buy — and they may not admit it if they do — but you can never be too careful. Have any tips for buying things quietly without having to resort to cash? Share them in the comments.

How to Hide Naughty Credit Card Purchases [Realm of Prosperity]


    And what exactly is wrong with that? If a sudden reduction in your card limit would limit your lifestyle then don't you think that this is a big hint that your lifestyle is unsustainable, and you are living beyond your means?

    My US bank would regularly block my purchases from Amazon as being suspicious even after years of purchases, yet fail to notice anything unusual about my card appearing to be used over the counter in some other country. I don't rate their detection algorithms too highly.

    What a joke. Prosperous people generally know better than to use credit cards in the first place. Who cares what they think?

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