Very interesting article in the New York Times. Mastercard is coming out with new functionality for their Citibank cards to help you control your spending. You can set pre-determined limits for specific expenses, such as restaurants or iTunes, and your card will be declined if you attempt to make a purchase above your limit. You can also block transactions from certain countries or websites, or only allow the cards to be used in certain states. The possibilities are endless. What an interesting way to manage your budget or your kids' allowance.
Your card has been declined, just as you wanted
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