Chase Credit Card To Ban ‘Buy Now, Pay Later’ Schemes Starting Oct. 10 – Here’s Why

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1. The bank further stated that BNPL prohibits customers from using its credit cards to settle debts on credit products, according to The New York Times. Chase itself offers a BNPL service, Chase Pay Over Time, and some industry experts speculate that the decision was likely made to encourage customers to utilise its product.

   Saved you a click.

2. Chase telling you how to spend your own money.. what a country we live in..

3. Did the scheme backfire? Who could have seen that coming.