Thursday, 22 February 2018

First National Bank Of Omaha To Dump NRA-Branded Visa Credit Card

The First National Bank of Omaha has decided to cut ties with the National Rifle Association in a national moment of reckoning over gun control.

Citing complaints from customers, the company’s First Bankcard division will no longer issue NRA-branded Visa credit cards touted by the gun-rights group as a special benefit of membership after the current contract between the two parties expires.

“Customer feedback has caused us to review our relationship with the NRA. As a result, First National Bank of Omaha will not renew its contract with the National Rifle Association to issue the NRA Visa Card,” a First National Bank spokesman told HuffPost by email Thursday.

The spokesman did not immediately respond to a follow-up question on when the contract will expire.

Members of the group are still able to purchase NRA-branded prepaid Visa debit cards because those are made available through a separate entity, NetSpend, which is currently “reviewing the relationship” it has with the NRA.

On Wednesday, a Visa spokeswoman stressed that the company strives to make its payment services available to everyone.

“Visa has no contractual or financial relationship with the NRA,” the spokeswoman said. “Visa co-branded cards do not represent an endorsement by Visa of that cause or organization. We strive to make our payment services available to all people in all places, for uses consistent with local, national and international laws.”

Source: huffingtonpost