Presidents, they’re just like us — their credit cards get declined.
President Obama’s credit card was rejected last month at a restaurant in New York.
“I went to a restaurant up in New York when I was — during the U.N. General Assembly, and my credit card was rejected,” Obama said Friday while signing an executive order to protect consumers from identity theft. “It turned out I guess I don’t use it enough. They were — they thought there was some fraud going on. Fortunately, Michelle had hers.”
And, yes, Obama had to defend himself.
“I was trying to explain to the waitress, you know, I really think that I’ve been paying my bills,” Obama said. “Even I’m affected by this.”
Obama has been concerned about the state of his credit before. In Austin in July, he ordered more than $300 worth of barbecue and realized he didn’t have enough cash. So he pulled out his credit card but asked trip director Marvin Nicholson if it was good before handing it over to the cashier. Nicholson assured Obama that the card – photos show it as a black JP Morgan card – would work, and apparently it did.
Despite this, when Obama went to a boutique grocery store in Minneapolis in June he paid for $82.55 in groceries with cash. At the time, he said he only carried cash and his driver’s license in his wallet.
Cash is king. I imagine there is a bit of a reshuffle going on at JP Morgan who issued the President the black VISA (not AMEX) Card, which looks like this –
And if you have to ask…No, you can’t afford it.
Would seem that if these guys were on top of their game, and doing what they should be doing for this level of customer – they would figure out a way to know it is actually THE President using the card…