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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Selling recently acquired personal items in order to pay down debt?

I was checking my credit cards statements the other day (I have 4), which they amount to ~$2000 USD, plus a car credit. Recently, my car credit bill went up due to my bank automatically renewing my ...
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184 views

Is home address required for online payments

I have a question about online payment and I would appreciate it if one could answer. For online payments with debitcard in the UK, at the time of payment, I have always been asked to enter the home ...
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72 views

Card to card transactions

I have seen that some companies can send you money to your credit card. What type of transaction is it? I guess it is not wire transfer. And can this be achieved from your local bank? ( I live in ...
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60 views

Do zero percent APR offers help build positive credit?

I recently bought product "X". This was something I had saved for and I was prepared to pay the full amount. However, the store had an offer of a 12 month payment plan with 0% interest. I'm in my ...
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153 views

Using cash back rewards from business credit card

Are there any tax constraint I should be aware of when using cash back rewards from a business credit card (a C-Corporation with just 1 person, me)? Would taxes go through directly to me for using the ...
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40 views

Home Office Rent Expense Payment via C-Corp

I am a 1 person incorporated C-Corp software development company. (Although, I currently usually do not use the C-corp for most checks and contracts which just go straight to me as an individual.) ...
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297 views

What happens if my credit card balance decreases after the monthly statement published?

I received a credit card statement covering the September 20 to October 19 period. Now, it just so happens that I received a very large refund on October 20. The statement balance is due on November ...
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163 views

Getting my first credit card - do UK companies have a fixed charge for owning a credit card?

I am looking to take out my first credit card to assist in the improvement of my credit score. I have been hunting around card offers online, and have found some I am willing to give a try. The top ...
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1answer
73 views

Find out if I have recurring charges to my accounts?

I do online payments for various services, and I'm wondering if over the years I've accumulated some recurring (perhaps annual) charges that I've forgotten about, for services I no longer use. Is ...
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248 views

Why do car rental companies prefer/require credit over debit cards?

Renting a car frequently requires a credit card. At best, renting a car is more of a hassle with a debit card. Sure, I'm using their stuff, but putting a £1000 hold on my Visa Debit should work just ...
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139 views

How does a debt consolidation loan affect my credit score?

I am in a stinky situation where I accumulated lots of debt by paying my tuition fees on my credit cards and now they are just killing me with interests. Being on a visa, I was not eligible for a ...
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97 views

Credit Card Points from Refund

I had an interesting experience recently while apartment shopping. I found one I liked, and put in an application and paid a $150 security deposit, which I charged to my credit card. I then decided ...
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2k views

Recourse with Credit Card company after victimized by fraud?

I signed up for a service that was advertised as "$200 per month." I didn't know the company was under investigation by my state's Attorney General for fraud and questionable business practices. ...
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174 views

Paid off credit, how do I position myself for a mortgage application?

So, since this question I have cleared my credit/store cards and now have a couple I use month to month with no balance carried. My question is about my strategy regarding applying for a mortgage. ...
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227 views

Closing credit card to increase limit on another

I have a credit card with a limit of 6k, have another with a limit of 1500$. I asked to raise my limit on the 1500$ card (at least three times) but it was always denied. So, I'm thinking on closing ...
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1answer
139 views

What would make a Centurion Card's fees financially worthwhile?

The AMEX Centurion card has annual fees of, depending on the country, up to the equivalent of 5402USD for Taiwan. There are also one-time joining fees of up to 7500USD. Now these anodised titanium ...
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248 views

Advantage of having credit card from the bank I have a checking account

I was wondering if there is an advantage in getting a credit card from the bank that has my checking account. Right know, I have three other credit cards that I only use in emergencies. I do not ...
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3answers
765 views

How can I build up credit using a credit card?

I am a poor/broke 20-something, I make minimum wage (or a few dollars above it.) I've been trying to build up credit, in case I need it someday - the likely event my aging vehicle explodes, for ...
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383 views

At what point should I go into credit card debt?

This may be a stupid question, but I will ask anyway. At what point should I stop using up my cash savings and start accumulating debt on a credit card? When I try to Google for advice about going ...
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1answer
129 views

How to avoid maintenance fee when balance drops below minimum?

Looking for a way to, in the event of a purchase dropping my balance below the minimum daily balance (MDB) with no way to bring it above the MDB before the end of the day, make 6 point of sale (POS) ...
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5answers
7k views

How do I make a one of payment to my HSBC credit card bill with a HSBC debit card UK

I need to pay my HSBC credit card bill with a HSBC debit card and I can't transfer money between accounts (it doesn't show up on the list of accounts). When I click on the direct debit details it says ...
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1answer
118 views

Will getting a second credit card from Citibank lower my average account age on my credit report?

I just got a new credit card from Citibank (double cash back card). Whenever the Citibank Visa for Costco is available, I would like to get that too. When I get the Costco card will this lower my ...
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134 views

Can anyone else make an online payment for me?

I want to register for the SAT, paper registration is currently not available in my country(Ethiopia), and I want to register online. Credit card and any other form of online payment is not possible ...
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242 views

Does a U.S. citizen have to give up his credit cards and bank accounts when he moves abroad?

Credit card applications usually say "must be a U.S. resident". If a U.S. citizen moves abroad temporarily, and he doesn't want to use his friends' or relatives' U.S. addresses to get his mail, and ...
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60 views

Most Efficient Spending Habits To Build Credit Given My Circumstances

I had a question regarding building credit. I have no past credit history, and just opened a secured card with a $200 credit to help me build mine (yes, it reports to all 3 bureaus). I currently have ...
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153 views

Credit Card Interest

I already posted a query like this before here and I'm having another problem. As you can see in the link I provided, the one I marked as the best answer is stating that "You would need to pay the ...
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1answer
979 views

If Sears is canceling my account that hasn't been used in years, will it hurt my credit score?

I have a Sears credit card that I haven't used in 14 years. They have recently contacted me and told me that if I don't make a purchase by Nov. 30, that they will cancel my credit card. If they (not ...
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1answer
98 views

How can I make a wire transfer as a credit card purchase?

I try to use a credit card for everything, to improve my credit score (as I moved to the US only last year). However, my landlord only accepts wire transfers. I know I can get money off my card and ...
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1answer
131 views

Credit card company forgot to reflect a returned payment in my balance. It only showed up after I closed the account. Am I obligated to pay?

I made a payment about 9 months ago to pay off the balance of my credit card. For some reason the payment never went through. I didn't notice. The credit card company also didn't notice that the funds ...
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1answer
251 views

Am I responsible for an annual fee on a credit card I never picked up?

I just received a bill for a VISA card at a bank where I'm not a customer. There is just one charge on the card and it is for an annual fee of $120. The card is not actually made out to my name, but ...
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33 views

Can cash advances still be made if the cash advance limit is 0

Banks/issuers are sometimes reclassify credit card purchases (i.e. purchases of cash-like items) as cash advances. Is it possible that a cash advance type of transaction could trigger cash advance ...
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199 views

Taking a loan from yourself

In general everyone is, for good reason, against having credit card debt. In a scenario where someone is paid a certain sum each month, and wants to spend only a certain amount each month, can he ...
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303 views

Why are credit card late fees and returned payment fees changing to $27 / 38?

In a short period of time, I've seen multiple major US banks change the terms on their credit cards to set the returned payment fee and late fee each at $27 for the first offense in a six-month period ...
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1answer
108 views

Merchant dispute with airline over changed itinerary

I'm having a problem with Orbitz, a third party travel site, where they changed my plans in a way that won't work for me. I need to know what I can do about it, so that either I get a refund or I get ...
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44 views

Create bank account for LLC company

I live in Europe and I want to register LLC company in USA. Registering a company is very easy using company specialized in this area. But the major problem is how I can open bank account in USA ...
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3answers
454 views

My bank often blocks my card during purchases - what is the most reliable bank card? (UK)

My bank (Natwest) blocks my debit card so frequently that I'm often worried about making large transactions - such as checking out of a hotel, buying at a luxury store, etc. It ruins experiences that ...
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159 views

Price drop protection on Apple iPhone

Two of my credit cards (Discover and Citi) have programs for cardholders that allow you to buy a product and if the price drops in certain amount of time, file a requests to be reimbursed the ...
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75 views

how does a new credit card impact my credit score?

I took a new credit card 2 weeks back and now I saw an exciting offer for a new travel credit card. I know there is definitely an impact because of the hard inquiry but would it impact the score in ...
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248 views

When is the right time to pay my credit?

I am confused on when is the right time to pay my credit. Here is what is written in the paper included with my card. Statement Date: 21st of the month Payment Due Date: 24 days after statement ...
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1answer
168 views

Credit limit decrease in order to get a credit limit increase?

I just opened a new credit card because it gives me better cash back on the things that I purchase. However, it has a credit limit that is only 1/3 of that of my existing card. Just before I got the ...
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2answers
47 views

Closing a home loan and credit card use

I'll be closing on a home loan in the next month. I'm aware of the risks of running up credit during this period. Right now I have a very low credit utilization ratio (~5% or less). I'd like to make a ...
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1answer
140 views

will using credit card a lot help building credit score?

I have a credit card with a very low limit, which I finish regularly in a very limited time. will using it to the limit and pay the balance several time per one statement help to build the credit ...
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1answer
96 views

Getting the fraud alert to the right person

I have a credit card account with three cards; each has a unique number and a unique name. The three people may be in the same room, or they may, in the extreme case, be on different continents. The ...
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1answer
150 views

Optimal number of credit cards for a given length of credit history

I'm a graduate student in the US since Fall 2013. While I started working at my university the same year, I applied for my first credit card(Discover it) only during March 2014. After about 6 ...
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1answer
374 views

Challenged an apparently bogus credit card charge, what happens now?

Last month, I noticed a $15 charge from an apparently legitimate business that I had never heard of and never done business with. They sell data management software. I can't imagine what they would ...
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1answer
84 views

How long does an account stay 'open' on your credit report

A few years ago I had very little credit history and my parents agreed to put me as an authorized user of their cards to help build my credit. I've since built my credit significantly and my parents ...
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1answer
318 views

If I mistake credit card security code a few times online, would the card be disabled?

it's my credit card, but i don't have it with me now and forgot the three digit security code ... In order to use it, i would like to see if i can try guessing the security code online till i get the ...
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106 views

How can I pay a credit card bill for a company that doesn't provide an automatic payment service?

Credo Credit Cards do not offer an automatic payment feature is there a way I can automatically pay the monthly statement automatically? I checked mint.com's billpay and they only list credo mobile.
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3answers
894 views

Are debit cards and “open loop” gift cards accepted everywhere that credit cards are?

In U.S., a debit card or an "open loop" gift card will normally have a Visa or MasterCard logo on it, and the card can be used in "credit" mode. Does that mean that such a debit card or gift card can ...
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1answer
162 views

If I take out a cash advance, how exactly do I get charged and does it hurt my credit?

I'm in a situation where I need $2500 (USD) in cash (for a money order/cashier's cheque). I'm considering taking out a cash advance on my new US credit card. My credit card agreement says the "APR" ...