Tagged Questions
0
votes
0answers
35 views
Prepaid card and swift code
Does anyone know if pre-paid cards such as Visa prepaid cards have Swift or Bic or Iban code, Because they are not really concurrent account?
Thanks in advance for the answer.
5
votes
3answers
291 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 ...
11
votes
3answers
569 views
How can banks afford to offer credit card rewards?
I understand Visa and MasterCard make money on transaction fees, but how much (if any) of those fees do banks see? Do banks make money on people who pay their bills on time, or are reward programs ...
3
votes
3answers
451 views
Credit Card Expiration: Am I supposed to request a new one or does the bank send one automatically?
I've had one credit card expire recently and another set to expire soon. For the one that did expire, I didn't get another card until I wrote to them online and they mailed me a replacement. The next ...
2
votes
2answers
112 views
Are Credit Cards a service to banks?
Well, as i have already claimed, i have limited knowledge on finance, but i do try to learn more things. Now, it's the de facto thing that banks love to lend money.
As i see it, with a debit card, ...
5
votes
3answers
183 views
How can a freelancer get a credit card? (India)
I work freelance for clients, in other countries, and paid via Paypal and other methods. When I applied for a credit card in my country, it was rejected.
They mention as I don't get a salary and I ...
5
votes
5answers
395 views
Should credit card payments be broken up into amounts smaller than $10K?
As mentioned in this answer about bank transaction reporting, a Cash Transaction Report (CTR) will be generated for deposits (or all transactions?) greater than $10K.
So, there are two parts to this ...
5
votes
4answers
230 views
Can I cancel a credit card without negatively affecting my credit?
Some background: I have no debt, have never carried a balance on the card, and have never used more than 10-15% of the credit limit per month. I'd much prefer to pay with debit/cash, but I got the ...
3
votes
4answers
91 views
Multi-Account Budgeting Tools/Accounts/Services
Every time I get paid, I take some of the money and allocate it for certain uses. I track this in a spreadsheet. This works fine, but it's not what I want in the end. Basically, I think what I want is ...
4
votes
2answers
266 views
Credit cards: How is a cash advance different from a purchase? Why are the fees so high?
I have a couple of questions about the notion of "cash advance" on credit cards.
How does the credit company decide if some transaction is a "cash advance"? Does the merchant tell the credit ...
5
votes
2answers
103 views
Why Are Credit Card Rates Increasing / Credit Limits Falling?
I thought that there was recent legislation passed that forbid banks for jacking up rates as they had been doing from late 2008 into the first half of 2009. All of my credit cards have seen increases ...
7
votes
3answers
244 views
Should I keep most of my banking, credit, and investment accounts at the same bank?
I have two bank accounts (checking and saving), some credit cards (3), a mortgage, an investment account, and an individual retirement account. Right now all of those accounts except two of the credit ...
