We’re rewarding the question askers & reputations are being recalculated! Read more.

Questions tagged [credit-card]

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.

Filter by
Sorted by
Tagged with
0
votes
2answers
46 views

Getting a refund with different-currency credit card

If I have a US Credit Card and I make a purchase in Canada, I know I won't get the BEST exchange rate. But if I return whatever I purchase and the store initiates the refund process, will I get a full ...
0
votes
1answer
69 views

How to handle taxes by using credit card app (Square)

My old workplace wanted to contract me in to help with some on going issues they had. They ended up having me sign up to square which is a credit card service that charges a small fee when you charge ...
5
votes
2answers
277 views

Why do I have to accept a lower rate on my credit card?

I opened a credit card a few years ago and have been making full on-time payments the entire time (it's never carried a balance). I logged into my bank today and there was a page that said I have ...
0
votes
1answer
111 views

Used car loan and number of credit cards

My credit history is almost 6 months old and I have a score of around 700 now. I got my first credit card 6 months ago and two weeks ago I got another credit card. Last day I got prequalified for a ...
0
votes
1answer
54 views

Avoiding currency exchange fees on credit card security deposits

I recently did a warranty exchange with a $25 service fee: I gave $500 deposit on my VISA card. They shipped the replacement. I returned the old item. They refunded $475 to my VISA card. which from ...
5
votes
2answers
2k views

How often to check credit card statement

How often should a person check their credit card statement to make sure that they don't fall victim to a wrong charge or cc fraud?
2
votes
1answer
178 views

Card Locking and Credit Score

My wife and I are trying to build up her credit, so we decided to: Add her as an authorized user to my Card A, which is about 10 years old and currently my only form of credit. I'll call hers Card B ...
7
votes
8answers
5k views

Would the minimum payment or full CC amount be considered monthly debt?

Based on Is rent considered a debt? The question of: What is your total monthly debt payment (e.g. student loans, vehicles, credit cards, personal loans, etc.)? got me thinking. If you rack up $...
1
vote
1answer
186 views

US hotel asks for CVV when checking in

I have reserved a budget motel in the US over booking.com. I live in Europe. Upon checking in, I was asked for my ID and credit card, like everywhere else. For a bit of increased security, I've ...
20
votes
7answers
10k views

Charges from Dollar General have never shown up on my debit card. How can I resolve this?

During the summer of 2016 I lived by a Dollar General and went there about once a week. I only had a debit card then and paid for everything this way. DG was notable in that I never had to enter my ...
22
votes
4answers
7k views

Do businesses save their customers' credit card information until the payment is finalized?

Paying by credit card is sometimes a multi-step process. In some of those cases, only the initial authorization is made at the point of sale; the finalized transactions are usually entered as a batch ...
0
votes
2answers
79 views

Applying for first Credit Card in USA (International Student/Teacher)

I have been in the U.S. for the past 1 year and since then I just have a Wells Fargo Debit card. Recently I tried to apply for an American Express credit card (applied online) but I got rejected. ...
1
vote
2answers
153 views

Is it safe to give credit card first 6 numbers+ last 4 over email? [duplicate]

A company that I had previously had a subscription with and cancelled continues to charge me, so I contact their support team and they say that their system shows me to be cancelled. They have asked ...
-5
votes
3answers
192 views

How do I transfer funds from MY OWN card to MY OWN personal bank account?

Would anyone please be so kind to explain me how (where) could I transfer funds from my own debit and/or credit (particularly debit) card issued by X bank (USA) to my own personal checking bank ...
9
votes
0answers
246 views

Are banks discontinuing single-use virtual credit card numbers (like BofA's ShopSafe)?

I found this old question / answer that refer to the same problem: I used to generate a new virtual credit card number with BofA's ShopSafe service, set the credit limit / expiration date and I could ...
2
votes
1answer
90 views

Change credit card, keep age of credit line?

I have two credit cards that charge fees and have significantly downgraded their value to me. In both cases I would like to switch to no-fee versions of the same card, but I don't want to reduce my ...
0
votes
0answers
108 views

Paying by credit-card online without transmitting your real name (in Europe)? (state authorities tracking/verification are no problem)

I’m looking for a way to make online purchases (video games/streaming-services/etc)/donations without transmitting my name/similarly identifying info. Apparently in US you could use privacy.com or ...
1
vote
1answer
90 views

Declining Binding Arbitration on credit card accounts

Recently Chase was making a change to its user agreement and was automatically assuming your consent to abide by binding arbitration unless you opted out explicitly by sending them a snail mail with a ...
-1
votes
1answer
168 views

How soon can I close Amazon rewards credit card after opening?

I got the card today for the $70 sign up 'Gift Card', only have 2 other credit cards with $5,000+ limits with $0 balance on both and want to know when I can close the Amazon account. I only spent ....
0
votes
3answers
161 views

How do credit card companies decide the amount of principal to charge interest on the revolving account?

EDIT: This question is not a duplicate of When to pay a credit card in order to avoid fees/penalties/interest? as that question asks how to avoid interest, as to where I am asking which amount of ...
1
vote
4answers
145 views

Impact of Spending Cash/Debit vs Credit Card on Debt to Income Ratio

Since debt-to-income ratio (dti) is an important factor in determining one's creditworthiness especially for mortgage rates, it is clear that one should keep the monthly recurring debt and credit card ...
2
votes
0answers
101 views

Are prepaid credit cards a form of secured loan?

I was reading about different factors that determines credit score. One of them is having a "good credit mix" (IE having a healthy mix of secured (such as home loan, auto loan) and unsecured loans (...
1
vote
1answer
122 views

"Discover® Identity Alerts (is there a downside to this free service)

I got the offer today. Other companies have made similar offers. Is there a downside to this kind of thing? Are they getting some sort of access that they will somehow market some junk to me? Here's ...
12
votes
1answer
354 views

Verified by Visa - payment site is asking for social security number

I've wanted to pay a merchant in the European Union. We've done business with that merchant for over 10 years and they are absolutely trustworthy. They handle their online credit card payment service ...
2
votes
1answer
166 views

Equifax data breach and correct credit monitoring service for $125

for the Equifax Data Breach , there is $125 being paid for people affected , previously one only needed to choose and the cash portion or the credit monitoring by Equifax. As most of the people has ...
3
votes
4answers
348 views

Will my credit score go down if I don’t borrow money for few years?

My credit score is relatively high. Due to personal circumstances I don’t intend to use my credit cards for the next 3 years. I won’t be getting any loans either. At the moment I have no debt at all, ...
3
votes
6answers
228 views

Why use credit card rewards for vendor credit not cash?

Some credit cards (e.g. Capital One, Chase) have rewards programs for using their cards, which can either be used for cash (credit to the credit card itself) or for 3rd party vendor credit (a gift ...
-3
votes
3answers
188 views

Dispute Of Unauthorized Transaction on CANCELLED card?

I have two questions regarding the dispute request of an unauthorized (fraudulent) transaction. If the answer depends on whether the card is credit or debit then kindly tell me. First question: The ...
4
votes
2answers
297 views

Fraudulent online order, we but we don't recognize the card

My son just turned 18. Someone gained access to his Walmart account and placed an order for ~$120. The order was processed and shipped to a trailer park in San Jose. The billing address is our address ...
2
votes
1answer
209 views

Is the credit card system gamed against the Individual?

One of the things you keep hearing online is that credit cards are gamed against the individual. Is this true? is so, apart from paying off all charges before interest gets accrued, is there ...
8
votes
11answers
6k views

Ways you can end up paying extra on a credit card even if you pay the full amount back in due time

If you are a financially responsible person, you know how a credit card works, you pay back the loans in full before the due date, you don't take out money form the ATM or otherwise do something that ...
2
votes
3answers
131 views

Consequences of jumping from one 0% interest credit card to the next?

What are the negative consequences (if any) of moving from one 0% introductory rate credit card to the next, every 12-15 months (whatever the rate period happens to be). This is for someone with great ...
44
votes
5answers
8k views

How were US credit cards verified in-store in the 1980's?

Back in the 1980's, many major retailers in the United States would accept credit cards using what was sometimes called a "knucklebuster" - a hand-operated device that would take a carbon-copy ...
15
votes
3answers
4k views

How to understand payment due date for a credit card

I just recently got my very first credit card, the Discover It Card. I knew it was crucial to have one, as a great credit score is needed for important things. The question I have is in regards to the ...
1
vote
1answer
247 views

Credit Card Transaction not appearing

I purchased a few items at a grocery store a few weeks back. When I was going down though all of my monthly purchases I noticed the transaction wasn't there. I got a receipt for the items as well as ...
0
votes
1answer
125 views

Is it possible to get a VISA card without support for cash advances (debit)?

I have a VISA card from a major USA bank. I always ask if I can have a card without support for DEBIT (cash advances). I'm wondering if VISA even allows that. In case you're curious for the reason ...
0
votes
1answer
121 views

What happens with a credit card account in Germany after the card is blocked/closed?

I have an everyday account in a bank in Germany and a Visa credit card account in the same bank. At the end of each month the negative credit card balance is automatically balanced by an automated ...
0
votes
1answer
100 views

When does credit card utilization matter?

I'm learning more about credit before I get a credit card, and I read that it's advised to never use more than 30% of your credit card's limit. Let's say someone has a $2000 credit line and he spends ...
28
votes
6answers
17k views

What can Amex do if I cancel their card after using the sign up bonus miles?

I recently applied for the Amex Gold Delta Skymiles card, with the intention of getting the sign up bonus (60,000 miles after $2k spend in first 3 months) and canceling the card before the first ...
2
votes
2answers
242 views

Why do some credit cards display the 4 last digits of the credit card in the signature blank next to the CVV code?

Why do some credit cards display the 4 last digits of the credit card in the signature blank next to the CVV code? For example, I noticed that my newly issued Bank of America Travel Rewards card now ...
0
votes
4answers
281 views

How to withdraw cash from a credit card if the cash advance limit has been reached

I have a German bank account and a Visa credit card attached to it, but left Germany some time ago and live in a non-European country. Last Monday a bank officer from the German bank called me on my ...
0
votes
2answers
220 views

Can I use credit card to save interest on personal loan?

I currently have a student loan that charges me interests every 1st of each month. The interest rate is about 3.5 to 5.5%. Can I use my credit card to pay off an amount of the loan at date of 25th for ...
27
votes
4answers
11k views

My credit card was unexpectedly charged 1$, the merchant wants my SSN and personal data to tell me why, do I risk identity theft?

I received a phone message from my credit union's fraud detection department about a transaction for $1 that raised a flag. I called them back and was given the information recorded with the ...
2
votes
2answers
195 views

What should I expect when applying for credit?

EDIT: It has been suggested that this question is a duplicate of Personal loan while unemployed?. In fact it is not a duplicate of that question, because I'm not asking about getting a personal loan ...
7
votes
1answer
13k views

How could a thief buying plane tickets with stolen credit card details benefit personally?

An acquaintance had over £2,000 taken from her credit card account to pay for two flight tickets. Here's the part that I don't understand: If I buy flight tickets with someone else's credit card, is ...
41
votes
7answers
13k views

Is it legal to use cash pulled from a credit card to pay the monthly payment on that credit card?

I've got a buddy who is having problems with credit card debt. He had a small business go sour on him and ended up with about 35K of debt that's he struggling to keep under control while looking for ...
3
votes
2answers
217 views

What happens after one's credit card transaction was declined after he has received the service?

Assume someone received some service (for example, had his hair cut) and had made the payment using his credit card. What if this transaction was declined later? Does he still owe the money that he ...
3
votes
5answers
355 views

Options to repay high interest credit card debt

I have about $14,000 in high interest credit card debt. I am curious as to the best options to attack this issue. CC1 - $9,500 @ 19% CC2 - $4,100 @ 21% I have about $8k in savings I am not willing ...
5
votes
1answer
98 views

is it required to give exact /approximate or rounded income for credit card

A friend of mine is self employed for personal and self-employment(Doing business as), and at looking at I'm starting a new job in 20 days - can I include my future income when applying for a ...
4
votes
1answer
138 views

Multiple Balance Transfers

I have a credit with a small balance, but large enough to be annoying. It comes from an impulse purchase. The APR is 22%. My credit score is excellent. (Which comes from decades of avoiding impulse ...