A credit card quiz? If I get a visa credit card how do I pay it

If I get a visa credit card how do I pay it past its sell-by date?? I've heard people voice they put money 'on' there credit card before they budge away? what does that do?

Thanks!

Answers: When you get a credit card and you spend money on it...example you have a $500.00 restrict and you spend $80.00 you have a grace period to retribution off the $80 before it accumulate interest...you don't have to pay rotten the full $80.00 but it will have interest added on after the grace period have passed ( grace period is like have 21 days to pay before interest is added on). If you don't discharge the full $80 you will get a statement and you will have to kind a minimum payment the statement will tell you what that minimum compensation is like depending on what your credit card interest rate is your minimum payment is usually $10.00 or greater which ever comes first so you minimum salary should roughly be $15.00 for the $80.00 spent.
It's always best to pay it rotten before the grace period is up the interest will be credited with after a period of time.

So putting money "on" your credit card means making a gift to bring your balance down.

$500.00 limit and you spend $80 leaves singular $420 left to spend on the card and when you put money "on" the card which is make a giving and you make a $20 payment it will confer on you $440.00 left on the card to spend if you make a full transmittal then you will have $500 to spend beside a $0.00 balance.

If you have a $20,000 stricture and you put $5000 on the card without spending the $20,000 then you finale up having a credit balance because in a minute there is more money on the card beyond the credit limit. There would be no point contained by doing that.

You get a statement every month. You can either budge in to your bank to any pay the minimum amount or any amount greater, to make sum.

Your other option is to get within contact with your credit card company and you can make a reimbursement over the phone with your bank debit card.

This is a complicated question. The wording and your interpretation lead me to believe that they have a secured credit card so the credit limit is anything they have in the shelter amount. If that is not the case it simply channel that they have paid rotten some of the debt on their credit card account to free up more available credit; this does not increase the credit limit of the details. Your question could not be answered in one word.find adjectives tips here. http://creditcard.expertips.info/credit-...

Q1 put money on your credit card? for holidays it would be similar to putting it in the bank, and can spend it anywhere surrounded by the world.

Q2
In theory yes, if your card limit is lb20,000 and you credit the article with lb5,000 then you effectivly can spend the lb20,000 inhibit plus the lb5000 you put in as the balance would be contained by credit at the start re your idea about putting 5K on a card to furnish you more than your limit.

seems fine surrounded by principle BUT when you buy using the credit cards money you are covered by their insurance, so if the airline goes bust you get your money backbone, or the hoover doesnt work they replace it. if you have pre-loaded your card you are buying things with your own money. so you aint get no insurance.

double negative I know in that later sentance, but i wanted you to understand IT IS NOT A GOOD IDEA

if you are going away and you know your bill will be due and have to be paid while your away if you owe say lb50 afterwards go to the bank next to your last statement and pay another lb50 after you won`t have any charges when you come back. you can spend 25,000 but you will single be charged on the 20,000 because the 5,000 is yours anyway.

The only reason for paying more on ones credit card is to ensure in attendance is enough of a overpayment to take caution of the minimum payment due each month if they are not sufficiently expert to make payment arrangements while out of the country.
If they hold no access to Internet or mail while on vacation.

Some credit card accounts hold a minimum monthly fee even if the balance is $0 so those will pay enough to cover any hill fees while away.

Now as to paying more then what your credit limit is, this will NOT angle your credit limit, it will make more funds available to charge on the card, but merely the bank can raise your credit goal.

Hope this answers your question.

It means they have money on the credit card so they dont move about into debt.
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