Discover has sent out a note to cardholders stating that online gambling will code as a cash advance:
We are writing to inform you that starting on April 16, 2024, online gambling transactions (for example, transactions on sports betting websites) will be treated as cash advances as stated in your Cardmember Agreement, and your standard cash advance Annual Percentage Rate (APR) and fee will apply to these transactions. Prior to this date, these transactions may have posted as purchases.
As a reminder, there is no grace period for cash advances; we begin charging interest on cash advances as of the later of the transaction date or the first day of the billing period in which the transaction posts to your account. Cash advances are subject to your cash credit line and do not earn rewards.
You can enroll in cash advance alerts by visiting your online account at Discover.com to be notified any time a cash advance occurs on your account.
I’m surprised this wasn’t already the case.
Hat tip to avsterbone