Credit cards are unstructured debt accounts linked to a plastic card that allows the holder to make purchases from retailers that accept the card. Common credit card networks in the U.S. include Visa, MasterCard, Discover, and American Express.
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How to pay comingled personal and business credit card charges for small corporation
If I used my personal credit card for a business expense, may I pay that portion of the credit card bill with a business account check?
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1answer
79 views
How quickly does decreasing credit utilization affect your credit score?
There is a lot of advice out there about keeping your credit card utilization above 0% but less than 20%. I'm currently carrying about 85% utilization on my card and have plans to lower it. How long ...
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78 views
Can I get my payment back on a vacation booked with a company that went into receivership?
My friend booked a summer vacation with a resort/inn located in Ontario that has just gone into receivership. She paid in FULL with a credit card about a month ago.
Is there any way to get her ...
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3answers
111 views
Should rebuilding credit include getting multiple credit cards?
In short, I had bad items on my credit report that I found by getting a free copy of the trans-union report on myself. I contacted the numbers to the items on my unpaid/ bad list and after about a ...
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2answers
139 views
Is a credit card chargeback appropriate in this case?
Consider the following scenario:
I purchase a power tool for several hundred dollars from a dealer, using my credit card.. The item has a 3-year warranty, which gives me some peace of mind. The ...
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3answers
138 views
Why am I never approved for credit cards instantly online?
Whenever I apply for a credit card online, I always get a message along the lines of "we could not instantly approve your application". I end up getting approved eventually so this is just an ...
5
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1answer
39 views
How to dispute a balance transfer that never posted with other creditor?
Three months ago, I did a credit union credit card balance transfer at 0% to pay down three student PLUS loans. In the payments, the account number and sequence number for the three loans were given. ...
7
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2answers
161 views
How long after new employment before applying for a new credit card?
I am a recent grad and new employee. I currently only have a $500 student Visa credit card with my current bank branch (2 years).
I began my employment at the end of January (just over 2 months ago) ...
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1answer
87 views
Do I have to spend money with my credit card to increase my credit score? [duplicate]
I opened my first credit card a few weeks ago.
How much money do I need to spend with my credit card to increase my credit score?
Do I even need to spend money with it to increase my credit score?
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2answers
122 views
do/can credit card companies track individual items purchased and their details?
They track categories How do credit card companies track your purchase categories?, and these are well established, but do they also track the item by UPC or some other convention, the quantity, the ...
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2answers
52 views
Will getting a new credit card and closing another affect my credit?
I have a Capital One credit card that I got in college with a limit of $1,300 and a $39 annual fee. They've never raised the limit for me over the years even though my credit score is north of 700. ...
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2answers
53 views
Financing Education through Credit Card or Student Loans
I'm currently back in school, full-time, for an MBA (20 month program). I don't need to worry about tuition, but I still need to pay for living expenses out of pocket.
Should I rely on student ...
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89 views
As a Canadian, how can I apply for and get a U.S. credit card?
I am a Canadian permanent resident (neither Canadian nor U.S. citizen). I already have a checking account at Harris along with a debit MasterCard. However, there are really nice point-accruing cards ...
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2answers
113 views
What is the effective interest rate on a credit card that offers 0% interest with a 4% balance transfer fee?
I'm about to do a balance transfer that has a fee of 4%. It gives me 0% interest for 14 months. Is it just a straight calculation of 4% for the year or is there another calculation that I need to ...
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1answer
56 views
How can Mastercard's interest rate be more in Norway than in Finland?
I select Mastercard because it is easy to compare credits cards between the following countries.
I am looking the prices of Mastercard in Finland, Estonia and Norway.
All banks have the same amount ...
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2answers
184 views
What is the average value of a credit card or debit card transaction?
There are a plethora of statistics regarding credit card usage but what I can't seem to find is the the value of the average credit card (or debit card) transaction.
Are such statistics provided by ...
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2answers
765 views
Do Square credit card readers allow for personal use?
Prompted by this question, I began looking for evidence that the Square credit card reader could be used for personal transactions (transactions outside of a business context).
Users of Square must ...
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3answers
273 views
Are Square credit card readers practical for individual use?
Has anybody tried using a Square credit card reader for individual (non business) use? The scenarios I'm thinking about are for selling stuff at garage sales or on Craig's List but I imagine there are ...
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1answer
47 views
Repurchasing products at a store with a different credit card than the one the order was originally paid with
I bought some products from Best Buy, Walmart and Frys from their online website that were on sale for a limited time and shipped them to store last week.
The credit card that I used to pay the order ...
6
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4answers
300 views
Does making all one's payments through a credit card make sense?
Does making all one's payments (including house rent, etc.) through a credit card make sense, if privacy is not a concern? If I am planning to pay completely within no interest period (first ~45 ...
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1answer
33 views
Advise for closing secure credit card
I have a secure credit card with $300 limit in Wells Fargo bank. I was thinking that they will graduate my secure credit card to a regular one after a year. However, it turns out they do that only for ...
3
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1answer
142 views
Overpaying credit card to simulate a credit line increase?
I keep my credit card lines small for various reasons (reduce possibilty of impulse purchases, minimize my credit footprint etc) but there are times when certain necessary purchases exceed the amount ...
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3answers
151 views
Merchant dispute with airline over missed flight, and which credit cards offer protection?
Weather issues recently caused a flight issue (8 - 12 inches of snow were expected, even though no one knew when it would happen), where the reps at the major flight company didn't know if the flight ...
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3answers
449 views
Why don't some places require a credit card receipt signature, and some do?
I'm thinking of certain places (Subway, McDonalds, etc.) that do not require a signature on a receipt after swiping your card. Why do these places not require a signature on the receipt, while others ...
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2answers
106 views
What happens if I receive a refund on a credit card with $0 balance?
Let's say I make a purchase on a credit card. Months pass, and the card is eventually paid off. For whatever reason, I am then issued a refund on one of my past purchases. What happens? Do they send ...
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29 views
Closing intermediary credit lines
So one consequence of closing a credit line is that it can adversely affect your credit history if it is your oldest credit line.
But what about closing credit cards you acquired along the way that ...
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2answers
133 views
If a company in China says it accepts Visa, does it accept all Visas?
I am doing some finance research for payment methods in China, there is some confusion as to whether only certain types of Visa Credit Cards are accepted at businesses versus all Visas...
Is this the ...
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1answer
43 views
Credit Cards Similar to Co-ops
I keep getting advertisements from BarclayCards Ring and finally clicked on it because it seemed like a different type of credit. It appears to be a credit card that the rewards are based on the ...
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0answers
41 views
Credit Card Pre-payment
Can somebody tell me how to reconcile this transaction in Quickbooks. I have two payments itoa credit card for the same period. One is tied to last month's reconciliation but the other one is just a ...
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1answer
62 views
HMV gift vouchers bought on a credit card. Can I claim them back from my cc company?
I gave someone some HMV vouchers for Christmas and now HMV isn't accepting vouchers. Could I claim the value of these back from my credit card company under the terms of the consumer credit act?
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2answers
123 views
How is your credit score related to credit utilization?
A few questions:
Is it better to use your card and pay off the bill completely every month? [I prefer building the credit score over paying interest]
How is credit utiltization calculated? Is it ...
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4answers
720 views
Pay off credit cards in one lump sum, or spread over a few months?
I am doing a refi + cash out on a rental home. The cash out is to pay off ~24K in credit cards. I am aware of secured debt/unsecured debt and how it is often not a good idea to refinance a home to pay ...
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1answer
154 views
What information is sent to merchant with online/POS credit card and “no name” gift card purchases?
With credit card and online: your full name, full billing address and maybe some numbers from the card? Is there a difference in this regard between a "normal" merchant account or Paypal's credit card ...
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2answers
127 views
How do the personal finances of additional cardholders affect your reputation?
I have excellent credit myself, but I have on my account an additional cardholder (family) whose credit isn't so spectacular. (They only use the card for emergencies and always deposit cash in my ...
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1answer
127 views
Can I dispute Visa charges beyond 60 days?
I recently noticed some charges on my Visa check card that were made in another state and were not authorized by me. I filled out and sent in my bank's Visa dispute form, but they told me that it ...
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3answers
191 views
How credit card companies tolerate if you preload your card and use it like a prepaid card? (EU, world)
Can you still get the benefits that a credit card usually gives you (miles, points, etc., the ability of hiring a car, booking a hotel - do you require a CC to book a hotel or only to hire a car?) but ...
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2answers
96 views
What amount of money do car hire companies lock on your credit card account when hiring a car?
Couldn't find any definitive info. For different categories of vehicles and in various parts of the world?
Edit: I'm looking for the answer in exact US dollars. Or euros. Or pounds. Or whatever ...
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0answers
22 views
Nonresident Travel Money (Card or Bank Account) Solution with Emergency Cash Feature in Euros?
I'm from the new EU so my country's banks are not that advanced that they can offer me this feature. So this will be a nonresident account for travel money.
The solution I am looking for is like ...
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3answers
74 views
Credit Card Approval
Is there a formula banks and other creditors use for new credit card approval? Other than credit score of course. For example for a business credit card I imagine it would be something considering ...
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1answer
232 views
How To Transfer Money Online So The Other Person In Another Country Receives It In Cash?
We all are familiar with famous international money transfer service - Western Union. Most use their locally available branches in their country to send money so the other person receives money in ...
2
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2answers
123 views
Find the exact time of a credit card purchase with Chase
I need to find the exact time when a credit card purchase was made. This is not the "Transaction date" or the "Post date", I need the authorization time.
I know this data is available because I have ...
3
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2answers
167 views
Want to buy expensive product online. Credit line on credit cards not big enough. How do “Preferred Account” programs work?
What are the different ways I can do it?
Take cash from bank to store, pay state sales tax
Debit card from bank that says Visa on it
Find another way to finance it
Because none of my credit cards ...
3
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2answers
280 views
Can I negotiate to have a credit card interest fee waived?
I recently missed a credit card payment by one day (my first one ever in my history of credit starting from over 10 years ago), and I called the credit card company to have the late fee waived. I ...
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1answer
307 views
Can I get an Amazon Rewards Visa just for the gift card and then close the account?
I have never owned a credit card and am largely undecided about them in general. They have their pros and cons which could be easily found with a simple Google search; my question is more about the ...
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3answers
284 views
I am closing one credit card and getting a new one. What order should I do this in?
I currently have a MasterCard from a bank that I am unhappy with. I want to get another MasterCard from a different issuer.
Should I close my current account then open the new account? The other way ...
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1answer
134 views
Does maintaining a low (versus zero) balance on a credit card improve your credit score? [duplicate]
Possible Duplicate:
How will going from 75% Credit Utilization to 0% Credit Utilization affect my credit score?
I've read in a few places some statistics to indicate that people with zero ...
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1answer
229 views
What is the advantage to me in not paying off my debts?
I have some credit card debt that is currently on cards where there is 0% interest for periods of between 14-22 months. There was a transfer fee of around 2.9-3.5% for the balance from old cards.
I ...
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6answers
479 views
Is there any drawback to paying credit card bills immediately rather than waiting until payment is due?
I guess it's more of a psychological thing for me, but once I get my credit card statement I'd rather pay it immediately than wait around for the final due date. Is there any drawback to doing so. I ...
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2answers
405 views
U.S. VISA gift cards and usage in Europe; technical and/or legislative insight?
Can you use any U.S. gift card anywhere in the world to pay at a counter with a VISA logo?
I read on some web sites that U.S. gift cards don't work in Europe, but no reason was given, others were ...
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2answers
93 views
How can I find the cheapest prepaid credit card?
What is the cheapest prepaid credit card available for sale? The card needs to be a Visa, Mastercard, or Discover. And it needs to have a minimum nominal balance of 1 USD. I just need the number and ...
