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.

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2answers
48 views

Procedure to get approved, and transfer balance to a 0% APR credit card?

I have the following two credit cards: Credit card A—$2500 balance, of $3000, 10.99% APR Credit card B—$0 balance, of $1300, 19.99% APR I want to transfer the balance of credit card A to a 0% APR ...
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1answer
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Should I use a Apple Card or any credit card recommendations? [closed]

I heard about a Apple card, which has no fees about of any kind. But however, I just want just a plain simple credit card that I can just buy it now and pay the next day or two. Simple as that. Not ...
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Sending money to friends via Amex with PayPal UK

With the Platinum Cashback Everyday Credit Card, there is a 5% cashback reward for the first 3 months, up to £100. As such, I'm trying to maximise my spending during this period to make the most of ...
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Can a scammer get my whole Debit Card number from the first six and last four numbers? [duplicate]

Can a scammer figure my full Debit Card number from the first 6 and last 4 numbers? Yes, asked and answ... Wait, no, not answered. Does a 5 year old, "You're probably safe, it'd take a lot of ...
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12answers
9k views

How can I break the cycle of taking on more debt to pay the rates for debt I already have?

I'm 30, married, and have a 1.5-year-old daughter. My monthly on-hand income is 71,000 ₹ (INR). These are my monthly expenses: Home loan: 18,428 (Loan amount: 18,50,000. Number of EMI pending: 150. ...
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1answer
326 views

Is it possible to chargeback a “legitimate” transaction which occurred due to a scam?

A family member was recently duped into topping up a foreign pre-paid Visa card, and our domestic bank said they can't help due to them having verified the transaction with a One Time Password (OTP). ...
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1answer
49 views

Does Chase UltimateRewards recognize Travel/Dining spent through PayPal?

Thinking of getting a Chase credit card. Chase's UltimateRewards boasts 2x points on travel/dining, with 1x points on all other purchases. I make most of my purchases using PayPal, so am wondering ...
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112 views

I have a department card but the stores all closed

So my questions is there is such a high interest rate on these card that for every hundred dollars I pay it comes out that I am only paying 14 dollars a month. Well if the stores are closed and I can ...
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1answer
105 views

How can I stop the auto-renewal of app after the expiring of free trial? [closed]

İ forgot cancelling free trial and it expired then I removed the subscription on Google play. But the app is still trying to withdraw money.
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1answer
56 views

How to send money to an IBAN bank number from a Mastercard?

I have to pay 1600 Euros for some building work in France where I live, and my french banks are too empty, I have to borrow it from my MasterCard which is still based in the UK. If I call the UK it ...
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1answer
141 views

Tour operator asks for undue money

Some time ago I purchased a trip from a leading tour operator in Germany (I’m resident of a close-by country). They asked me to provide them with a credit/debit card details so they can collect €1000 ...
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3answers
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What are the risks of getting an additional credit card just so my parents get more points?

My father is retired and one of his hobby is to gather as much credit card programs as he can and manage them in a way as to maximize returns and minimize costs. I know that this can be a risky ...
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0answers
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Using multiple credit cards for a single payment in the UK (section 75 protection)

How can someone buy a product which is over each of its credit card limits, but less than his total credit? Suppose that I want to buy a car, which is £4500, and suppose that I have three credit cards ...
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3answers
176 views

Cash back credit cards: what's the catch?

I had a 1% cash back credit card. It gave me $1 back for every $100 I spent. I don't believe in easy free lunch. What's the catch? What do I lose from these cash back programs? I can't think of any ...
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If a bank fails, will debt be wiped out?

I have debt to Capital One. If they fail, and whoever the trustee is fails, will the debt eventually get lost in bankruptcy proceedings? Considering the Lehman bankruptcy is still ongoing, well past ...
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1answer
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Will a high interest rate consolidation loan improve my score enough to get a low interest rate loan?

As documented elsewhere, I'm paying off debt on credit card accounts totalling roughly 15K and at an average interest rate of roughly 20% My ultimate goal is to get a loan in the 5-8% range with fixed ...
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2answers
319 views

Chances of 23 y/o getting approved for a £10k credit card to buy a car?

So my old car has had its time and I'm looking to buy a 3-4 year old car for around £9-10k. I have personal savings exceeding this amount so buying in cash is an option, however I have recently ...
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1answer
57 views

What is the formula for calculating the months till pay off of a credit card that includes the APR?

I'm playing around in Excel attempting to get the total months to pay off a credit card. I'm not looking to pay off by a certain date. I just want to know how long it will take me to pay off what I ...
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1answer
57 views

How long does it take for a major payment to influence better terms on credit cards or personal loans?

I have ~$10K in cash "thanks" to way overpaying IRS the previous 2 years. I'm not very good at doing my own taxes, apparently. I can use it to pay off some credit card debt, which is ...
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0answers
52 views

How to distinguish if company is using first or third party payment processor. Mastercard transaction

I was the victim of a scam and fraud where a service was not provided. I have had information returned from the credit card company as part of the dispute. is anyone able to acertain or deduce from ...
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4answers
233 views

Does a physical POS terminal expose my full bank card number to the merchant?

In theory, POS terminal communicates directly with the acquiring bank and has no need to tell the merchant my bank card number, cardholder name or any other details. The paper receipt I get contains ...
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2answers
259 views

0% intro APRs complicating payoff plans

So I'm in not-the-best™ position with about 15K in undesirable credit card debt (And another 5K in permanent no-interest deferred payment plans). I'm trying to calculate what the optimal payoff ...
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13answers
7k views

What prevents people from using cash back credit cards to generate a revenue stream?

Suppose that a consumer has access to a credit card having the following properties: The credit card agreement includes a "cash back" rewards program. The consumer receives 1% cash back ...
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1answer
90 views

What does “foreign currency” mean in this context?

I'm looking to sign up for the Chase Freedom Unlimited credit card as I'm about to make a >$500 purchase and would like to receive the $200 bonus offer. This purchase would be made on a foreign ...
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4answers
376 views

Stuck in a debt of 3 credit cards

I have 3 credit card and I have utilized the funds of these cards 100%. Now I need to pay back the amount to bank. I am from Pakistan and the currency is PKR. Here is the stats: Card 1 - 4.5K (cash ...
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3answers
114 views

The most efficient way to pay off loans/credit? [duplicate]

Supposed you have a fixed amount of money to commit every month to debt repayment... well above all minimum payment requirements. All other quirks and conditions being equal. The only differences ...
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2answers
80 views

Where can I get the current and past curreny exchange rate for Mastercard/VISA? [closed]

I'm looking for the current exchange rate for two currencies using Mastercard and VISA. Neglecting any currency exchange top-up which might be charged by the bank. In the best case a public API or a ...
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1answer
240 views

Reason for a 1p pre-authorisation charge for a car park

Pretty much what the title says. I understand the need use for a pre-authorisation charge for certain services where a service or product is given before it is actually paid for (some hotels where you ...
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0answers
28 views

Money Transfer Question [duplicate]

I am trying to perform a landscaping job for someone. However, they are telling me that the ex-owner of the house he is trying to buy does not accept credit cards. He is asking me to pay for the ...
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2answers
388 views

What happens if you don't pay your credit card debt in Germany?

Thanks to COVID-19 I've lost my job, and I spent my money right and left very stupidly, and now I am in credit card debt of €3000. The bank blocked my account due to nonpayment for 3 months, and today ...
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4answers
8k views

Did I discover an easy way to make money via PayPal and cashback credit card? If so, is it legal and is the money taxable?

Here it is: I send money to a family member via PayPal using my credit card, PayPal charges a fee but the cash back I get from the PayPal transaction exceeds the PayPal fee, my family member sends me ...
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1answer
276 views

Does credit card cash back count taxes?

If I have a 1% cash back card and spend $100 plus $6 sales tax, do I get $1 cash back or $1.06 cash back?
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9answers
11k views

Email asking for CVV, two days after I make a purchase?

Two nights ago I made a purchase from a website, and it didn’t ask for my CVV. Now, I woke up to an email asking for it. It hasn’t gone through my account yet. Is this as shady as I’m making it out to ...
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1answer
141 views

What happens with fraudulent transactions on my credit card? Do the fraudsters win, at the expense of the bank?

I have a credit card account with Barclaycard in the UK. A few weeks back, I wasn't able to log in to view my account online. I called them, and they said the account had been locked due to some ...
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2answers
152 views

Can I reverse a payment and re-pay with a different debit/credit card?

Generally speaking regarding most major merchants. I accidentally paid for something at a grocery store using a card I did not intend to use. Would it be reasonable to return to the store with the ...
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3answers
241 views

How exactly does paying your credit card balance in full increase your credit score?

Does anyone know how a credit score increase is calculated based on paying off credit card balance(s)? In addition, is it cumulative balance or just the balance at the end of a billing term? For ...
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2answers
98 views

Received dispute credit and refund

I had booked a flight with an airline through my chase credit card. It was a connecting flight and the airline canceled one of the connecting flights but didn't cancel and refund my trip. So I tried ...
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1answer
193 views

I bought books from an online shop but it performed a direct debit on my credit card. What should I do?

Yesterday I bought two books and paid by credit card. However I hadn't received an SMS confirmation at that time saying that I did an online transaction which I requested for every online transaction ...
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0answers
71 views

If I get a credit card that will give me a higher credit limit if I make on-time payments, will it carry over if there is no balance?

So, I got a card, and let's say I was approved for $300, but the creditor promised to increase it to an actual credit line if I made five on-time payments starting in April. So, I make a few payments, ...
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1answer
188 views

Best Buy bait-and-switched me into applying for a credit card, how and when should I cancel it?

I'm buying a new $3,000 fridge from Best Buy and during the check-out, I was offered the opportunity to apply for a store card in exchange for a 10% discount "on first day of purchases". I ...
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5answers
146 views

How do I know if I'll receive the Chase Freedom Unlimited sign-up bonus offer?

I recently signed up for a Chase Freedom Unlimited® credit card with the hopes of qualifying for the bonus. My application for the card was successful, but I didn't see any mention or confirmation of ...
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1answer
120 views

Can debit cards be billed like credit cards?

In Amazon Web Services (AWS) if one provides the credit card ,that person is billed for the resources the person uses. However if the person registers with debit card will AWS be able to do so?
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1answer
63 views

How credit card billing works?

On many websites like Amazon Web Services offering pay-as-you-go and on demand pricing the websites charge the credit card. How does this work? Can they charge any amount if they wish? What if bill ...
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4answers
332 views

Credit score dropped 73 points after applying for a new card?

Why did my credit score drop from a 762 to a 689? According to creditkarma I got hit with: JPMCB-Card Service: Opening a new account can temporarily lower your score because it adds a hard inquiry ...
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1answer
215 views

Can you legally keep topping up a pre-paid card with a credit card on a monthly basis to borrow money while earning points?

Having 2 credit cards, one of which is pre-paid, can someone keep topping up the pre-paid card with the other on a monthly basis therefore earning points? I am asking because in this way you can ...
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1answer
99 views

How are 3rd party services able to determine if a card is a prepaid or a credit card?

Prepaid cards typically advertise being usable anywhere that (Visa|Mastercard) is accepted, and yet I've noticed an increasing number of places online and physical which accept (Visa|Mastercard), but ...
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1answer
88 views

Is using a firewall debit card (curve) a good solution to protect my main credit card?

I'm using Curve, a physical debit card that connects all your credit and debit cards in one and let you decide which one to use at each transaction by using its own app. I've used it with my lower ...
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4answers
316 views

Is this method of getting free money viable and consistent with law?

A lot of credit cards these days give you an interest free period, say 24 months. They also allow you to transfer debt for a small fee, let's say 4%. This means if you keep the moving the debt around, ...
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1answer
116 views

What's the point of the temporary statement credit “special” offers on existing credit cards?

Every once in a while, my credit card will have a "special limited-time offer" in the form of a additional statement credit on a specific purchase category. For instance, the most recent one was a 2% ...
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13answers
10k views

How can a client pay me for freelance work if I don't want him to know my name and he is uncomfortable using bitcoin?

I've been contacted on a specialized Internet forum and offered a well-paid one-off job to translate a highly specialized text, and I'm happy to accept the offer, but there's a problem: I have always ...

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