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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What happens if I have to return something that I purchased with a credit card that is now canceled?

I bought a few things on Amazon.com that I need to return. However, the card I used was just canceled because of fraud/unauthorized use of the account (apparently a copy of it was made). What will ...
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2answers
350 views

Can I add different billing person and card holder?

I am going to purchase some goods on an online shop. At the checkout I need the add the details of the billing person as well as the details of my credit card. Is it acceptable that I add the details ...
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3answers
251 views

Credit Card with rewards points

My bank is currently offering me a credit card with reward points. Here are the details on it Earn 20,000 bonus rewards points when you spend $2,000 in net purchases (purchases minus ...
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6answers
493 views

What is the best use of “spare” money?

Here are some cliff notes about me: 30 years old immigrant (came to the US late 2009), so no established credit (got a $900 credit card with my bank finally last year) No spouse, no children. Just ...
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1answer
276 views

How to use credit card (Barclaycard UK) merely to build the credit history? [duplicate]

My aim is to buy house in three years time So I started searching for the ways I can get mortgage for the house. I found out that I need good credit score to get mortgage along with other things such ...
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1answer
72 views

Still pay for a cancelled transaction with a credit card?

A credit card in U.S. has a monthly billing cycle. If one makes a transaction with his credit card, and then cancel it and the refund can take some time (e.g. two weeks or more) to complete, does he ...
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2answers
8k views

I Lost $1000+ on EntroPay - How should I best pursue getting my money back?

I wanted to buy a laptop from Lenovo shop, but it turned out they were not accepting my card, so I went on to the EntroPay. This website, as it mentions, provides Virtual Credit Cards for online ...
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2answers
184 views

How will my credit score be affected by a large purchase that raises my utilization if I pay it in full?

My Fiance and I realized that we need to start looking for homes and need to be pre-approved for a home loan. My fiance has better credit then I do, but mine is in good standing. We want to make ...
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2answers
79 views

Delay in debt appearing on credit card statement

We charged hospital fees totalling $2400 on a St George Bank credit card on 17 and 21 April 2014. The hospital was located in Denpasar Bali. On last checking the amount owed on the card (12/05/2014) ...
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1answer
490 views

Credit score getting lower - but I'm doing everything right?

My credit score has dropped considerably in the past year from ~700 - ~600. This is my first credit card so far, and have only used mainly debit in the past. Thing is, I'm not sure why it's ...
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2answers
398 views

Can I pay a bill on a credit card (without cash advance)

I just received an invoice for more cash than I have on hand. I have enough available credit to pay the invoice, however the company that invoiced me does not accept credit cards. Is there any way ...
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1answer
137 views

How can I know the minimum due credit card payment and date for an ANZ Visa card?

I have a Visa credit card from the ANZ bank in Australia. I'm currently overseas so cannot visit a branch and would like to avoid international phonecalls so I'm using only Internet banking and email. ...
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5answers
2k views

Should I collect receipts after paying with a card?

I heard from some folks that it's wise to collect a receipt after you pay with a card. The reason they propose is that the merchant can theoretically charge your card again after you leave, and a ...
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2answers
269 views

Any problem if I continuously spend my credit card more than normal people?

I continuously use my credit card for my friends' expenses. Normally I could spend 20~30K USD each month to get more points/cash back. I don't have large credit limits so in most time I'll put cash ...
3
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2answers
409 views

Delayed foreign credit card transaction refund created “profit” due to better exchange rate - who keeps the profit?

So, I bought some airfare from a foreign airline, and their payment systems were stupidly slow and outdated (esp. when it comes to refunds!), so slow I actually made money due to the USD appreciating. ...
4
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1answer
216 views

Do I build credit at the same rate when my wife and I share a card?

I searched for this question and found a similar one but wasn't able to find the answer to specifically what I'm asking. My wife and I share a credit card. I believe that she's actually the primary ...
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8answers
6k views

What are some creative ways to run up my credit card bill without any cost to me?

I got a new credit card with a very large signup bonus - as long as a minimum amount is spent on the card in the first 3 months. I usually don't go for things like this but in this case the bonus is ...
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2answers
488 views

Is it acceptable to balance transfer a credit card's balance to itself?

Is it acceptable to balance transfer credit card debt to the same card? Often, balance transfer promotions come as checks in the mail, and I learned that you may write that check to yourself and ...
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3answers
24k views

What do the numbers on my credit/debit card mean?

I have the following visa card from comdirect.de: I guess: Number A is my credit card number. The 4 groups don't have a meaning. Number B: I have no idea. Might be my security code? Number C is ...
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2answers
3k views

How bad is it to have a lot of credit available but not used?

I had a very financially astute reason for getting my first credit card: it was freshman orientation day at college, and one of the banks was giving away free t-shirts to new credit card customers. ...
9
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4answers
888 views

Figuring out an ideal balance to carry on credit cards [duplicate]

Until recently, I was under the impression that it's bad for your credit history to not pay all bills on time and in full. However, a banker recently told me that it's a good idea to carry a small ...
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1answer
278 views

Does being added as an authorized user help credit score?

My wife and I both filed bankruptcy 15 months ago, and are slowly getting our credit back. We both got a credit card from Capital One. Does adding each other to the other's card as an authorized ...
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1answer
62 views

Spending arrangements for a dependent student studying abroad

I live in the U.S., and my daughter will be starting college in England in the fall. She is financially dependent on us, has no credit history, and will not have a job while she's in college. We'll be ...
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4answers
1k views

In Australia, how to battle credit card debt?

I have $18K in credit card debt. What are my options in tackling this? Every month I am left with no extra money to pay anything more than minimum payment required (car, rent, another personal loan, ...
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1answer
223 views

Category of purchases on credit card - can it affect credit rating?

I found the following question about categories of purchases for credit cards: How do credit card companies track your purchase categories? I'm about to apply for a credit card, and frankly, it makes ...
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2answers
148 views

How can I have credit cards without having a credit history or credit score?

Is your credit history/score like a criminal record? I mean is it always with you? Also, are there other ways to get credit cards besides with a bank? I want inside my credit score without having a ...
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3answers
3k views

Defaulting on credit cards before leaving the country

I have a colleague who is going back to his country after staying for a couple of years in US. He has 3-4 credit cards plus a personal loan. His total debt would come to around $10,000. Some days ago, ...
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1answer
159 views

Why do credit cards come with insurance, and what is the benefit for the user?

I have savings and don't need to borrow money, but still need a credit card for those payments that can't be made otherwise: primarily car rental and some online purchases. I've noticed that many ...
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0answers
49 views

Switching to PC Savings account from PC Credit card

I currently have a Presidents Choice credit card on which I have kept a low credit limit. I use this credit card for day to day purchases. My primary reason for getting this card were the PC Points. ...
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1answer
133 views

How is credit-card utilization calculated when you have more than one card?

I know that your credit utilization affects your credit score, but I have a question about how exactly this is calculated. Suppose I have two credit cards: Card A has a credit limit of $1000 and ...
2
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2answers
318 views

Should I give to charity by check or credit card?

I intend to donate some money to a major charity. I could donate online with a credit card, or by mail with a check. I'd like to choose the method that is less expensive for the charity, so that ...
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3answers
838 views

Paying restaurants in cash instead of credit card - how signficant is this?

A friend of mine (this is in the United States) said that he always pays cash when he goes to a restaurant or a business that he particularly likes, so that the restaurant owner (he often does this in ...
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1answer
453 views

Misspelled cardholders name: any official policy of MasterCard?

My bank issued a MasterCard debit card with a misspelled cardholder name. They promise that credit card regulations allow up to 3(?) letters to be misspelled in the name, but can't show an official ...
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3answers
696 views

Why was my credit card just cancelled?

I have had a credit card with Bank of America for many years. I also have a long-standing card with another bank, a Sears card, and a newer card (< 2 years old), for a total of 4 credit card ...
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2answers
108 views

Interest on Amount Exceeding CC Balance?

Let's say my credit card payment is due the first of each month. As of Jan 1 2013, my credit card balance was $1000. So, as I understand, if I want to avoid paying interest on this debt, I'd need to ...
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1answer
278 views

Myth, or not: If using a secured card to build credit, paying off in part each month has more benefit than paying in full?

Does paying off a secured credit card in full each month not allow me to build a credit history? I'm asking because reading about regular credit cards indicates that paying in full helps build a good ...
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2answers
156 views

Why do the banks charge for using credit card in ATM?

When I look at the credit card offer in several banks, they always have some price on withdrawing money from ATM (at home, not abroad), e.g. "3.5%, at least 2EUR" or similar. Why aren't there credit ...
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3answers
3k views

Can merchants tell the difference between a credit card and embossed debit card?

I don't have a credit card, still some merchants (e.g. car rental companies) require a credit card to use their services. If I have an embossed debit card issued, may I be confident to use it when ...
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1answer
66 views

Timing between loans and applying for a new credit card

Here's the skinny. I can get answers out of a variety of the question threads here, but putting it all together is a bit of a different matter. Bought a house 18 months ago. Put 20% down, got a 3.5% ...
4
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1answer
369 views

Effect of debt utilization on FICO score: is it overall, or individual?

I am currently at 42% utilization in overall revolving, credit card debt between three cards. My total credit lines equal $27K. I am looking to buy a house by the end of the year and I am working hard ...
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1answer
348 views

Purchasing items with a Instant Credit Card (Fixed Deposit)

I am not well informed on credit cards and banking in general. So please bear with me. I want to purchase an item from an online merchant with monthly EMI scheme. The criteria from the merchant is ...
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1answer
229 views

Can I use a Credit Card in India to deposit and borrow cash

The purpose of the credit card for me is not to borrow money from the bank. I have some international vouchers to redeem. The vouchers work by transferring the credit to the credit card. In simple ...
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1answer
99 views

Does cash back apply to online payments with credit card

In this review of MBNA cash back master card they list several points by which you can get cash back every time you use the card. About this point: And, you’ll always earn 1% cash back on all of ...
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2answers
773 views

If I just moved, am I more likely to be rejected for a credit card application?

I just moved a couple months ago and wanted to apply for a new credit card, so I could use the points (hotel) on an upcoming trip. One of the questions was how long you've been at your current ...
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1answer
157 views

is this a chip & signature amex?

Well it looks like it has a chip in it so idk. I ask because I'll be doing some international traveling soon and would like a chip & signature amex.
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1answer
177 views

What can a customer do to reduce damage from a data breach?

A larger retailer admitted recently that hackers were able to steal credit and debit card data for about 40 million customers. Reports say that names, payment card numbers, expiration dates and ...
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2answers
1k views

How should I apply for another credit card after being denied twice already?

I'm trying to get my first credit card solely to build a score, I don't need any loan or anything right now. For doing this, I applied to Chase two months ago (because I've had a debit card from ...
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9answers
10k views

Should I sign the back of my credit card?

When getting a new credit card, what is the policy in regards to signing the strip on the back? Should I sign it? Should I write "See ID"? Should I leave it blank? Should I sign it AND write "See ID"? ...
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6answers
6k views

Can I prepay a Credit Card to make a Large Purchase greater than my credit limit?

I want to make a large purchase at a retail store to the sum of $10,000 but the credit limit on my card is set at $2000. If I send $10K to my credit card will the purchase be allowed to go through? ...
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2answers
180 views

When getting a business loan, does it look better to owe the IRS or the credit card companies?

I am looking to take out a $40,000 loan to buy out my mother's existing business, that is doing quite well. I explained to the loan officer, in a phone conversation, (I have not yet sent in my ...