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Basic Money Talk If it's basic or genric it goes here. |
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#1
02-20-2007, 06:59 AM
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Credit Card Checks
I believe you'd write them out like a normal check, and the amount will be added to your credit card account. Obviously, the downside of these would be that using them increases credit card debt. |
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#2
02-20-2007, 08:50 AM
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I've used the reduced rate balance transfer checks that come in. The interest savings can definitely be worth it.
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#3
03-28-2007, 06:25 AM
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I get them sent to me from time to time, but so far I've never used them. Plus I shred them because they have my information on them.
That's probably a good idea if you don't plan to use them. |
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#4
04-07-2007, 01:42 AM
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Yeah I don't like these either. They actually count as "quasi-cash" which is almost always given a higher interest rate as well. I would definitely not recommend using them.
I don't really recommend using credit cards in the first place though unless you absolutely have to. Buying a big screen tv is not a good use of a credit card if you ask me. |
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