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AP/Press Association Images

Barack Obama had his credit card declined in a New York cafe

Need a lend of a fiver, Barack? No. Of course you don’t.

THE SECRET SERVICE is charged with watching the president’s back, but who’s watching his wallet?

US president Barack Obama had an awkward moment when his credit card was declined at a café in New York – because he wasn’t using it enough.

The incident happened last month, but Obama spoke about it on Friday at a press conference, saying that he had initially thought that he had become a victim of identity theft.

“It turned out, I guess I don’t use it enough,” the US president said.

“They thought there was some fraud going on. I was trying to explain to the waitress, ‘No, I really think that I’ve been paying my bills’”.

First lady Michelle Obama was able to pay for the meal instead.

The US president made the comments as he signed into law new rules to improve security measures for government credit and debit cards.

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