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My credit card has a limit of $6000. If I want to book a $7500 vacation on Expedia, could I put a negative $2000 balance on my card, so when I pay for my trip on Expedia, it will get approved.?

marked as duplicate by Ben Voigt, mhoran_psprep, Bob Baerker, Hart CO, Harper Apr 19 at 16:15

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  • Call your CC issuer and ask for their help. – Pete B. Apr 19 at 16:01
  • Actually I've found that credit card companies GET EXTREMELY ANNOYED about putting on a "positive" balance (say, by accidentally overpaying). So the answer is "definitely not". I'm surprised that experts here have not mentioned this yet? (I guess it's only been two hours.) – Fattie Apr 19 at 18:07
  • (The reason is some sort of fraud angle, they don't like it. Because then you could use it as a "prepaid card" to give to the sundry employees in your ciminal empire - you know? Well that's what someone in a bank I think old me once.) – Fattie Apr 19 at 18:08
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It's possible that this might work, but it certainly isn't something that you should rely on. You should check with your credit card company to see what their policy on this is. Many do not allow it:

Bank of the West’s credit card agreement, for example, states: “If we accept a payment from you in excess of your outstanding balance, your available credit limit will not be increased by the amount of the overpayment nor will we be required to authorize transactions for an amount in excess of your credit limit.”

Some card issuers, such as Capital One, state they can reject any payment that creates a credit balance. “Any credit balance we allow will not be available until we confirm that your payment has cleared.”

https://www.creditcards.com/credit-card-news/credit-balance-overpay-refund-1282.php

If the $7500 is not all one transaction, you can make payments in between the transactions. You can also ask your credit card company for an increase in your credit limit. If you've had your card for a while and have a good payment history, there's a decent chance they'll agree.

  • That's a really good point about payments clearing. You could sign over one of those Nigerian Scammer checks that bounces after a month, or someone doing it to you a-la this situation, and the credit card company would be left holding the bag. – Harper Apr 19 at 16:17

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