CVS apparently sent out a memo to store managers that they would no longer be accepting credit cards as payment for certain prepaid and reloadable financial products, effective March 31.
My favorite local CVS didn’t know anything about the change and indeed, despite reports by many that their CVS’ would no longer sell them Vanilla Reload cards via credit card, I was able to buy more yesterday.
So what’s actually going on?
The memo from CVS corporate seems genuine, and sent by the person there in charge of the product line. And yet not every store has stopped selling the cards this way.
- Some people have surmised that it’s really regional rather than nationwide, since some CVS stores have stopped selling these via credit card and others have not.
- More likely, some stores are enforcing the rule based on the memo they’ve received, while others didn’t pay attention to the memo.
- And the company is rolling out updates to their cash registers (“POS” or point of sale systems) that won’t allow payment for these cards to be made via credit card.
- Software updates like that for a company like CVS don’t happen in real-time, so they’re rolling out over a period of time.
- That means if your local CVS is still selling you Vanilla Reload cards via credit card, that may not last more than a few more days.
Another commenter said they were told April 4 at their local CVS, and were shown a memo saying that.
I have no way to independently verify these reports. And if true, they seem to be referring to a different memo than has been reported elsewhere. Which in itself strikes me as odd, that there would be more than one memo on this over a period of a few days. Although it certainly seems possible, and consistent with the rest of the facts as we know them.
Point here is: just because your CVS hasn’t stopped letting you pay for Vanilla Reloads with a credit card, doesn’t mean you’re in the clear, the change may roll out through the rest of the week.
Here’s hoping mine makes it to the weekend, then perhaps I’ll be in the clear? Somehow though I’m not that much of an optimist.