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No.... Cash is only useful if you have carried enough with you to complete a purchase at the time you make it. A credit card allows the user to pay for something at a later date, but take it away with them immediately.
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Is a debit card the same thing as a being in dedts?
Not necessarily because when you make a purchase, the amount will be charged to your bank account. Therefore, in effect you are paying in cash and not on credit.
Do prepaid Visa cards count the same as cash?
"Count the same as cash" is a vague phrase, but they aren't identical to cash for a variety of reasons: You can't use them anywhere, only places that already accept Visa (some cards have additional restrictions beyond that). They generally expire; cash is good effectively forever. A merchant who accepts cash in payment gets to keep all of it. A merchant who accepts a credit/debit card has to pay a fee to the issuer of the card.
Does cash sales and credit sales equal net sales?
yes they do but if the cash sales and credit sales ar the same number they equal subsales
How are checks issued by credit card companies used?
Same way as any other check. Instead of being drawn on a bank account, it is charged against your credit card. It is the same as a cash withdrawal and usually has a 10% fee plus interest is due from the first day, rather than a 30 day grace period.
Is net income a debit or credit in the statement of cash flow?
In a statement of cash flow a net income is a credit, which should always be the same amout of cash in your balance sheet. (nice check)
What is a credit card used for?
Credit card is used to buy things. This is the same thing as cash or a check.
Are credit and credit card the same thing?
No.... Cash is only useful if you have carried enough with you to complete a purchase at the time you make it. A credit card allows the user to pay for something at a later date, but take it away with them immediately.
Do you get the same rate on credit card cash advances as you do on purchases on that card?
It depends on the credit card. Most of the time, cash advances are subject to a higher interest rate than purchases. Credit card interest rates are higher on cash advances. Check your card for specific details.
Is a debit card the same thing as a being in dedts?
Not necessarily because when you make a purchase, the amount will be charged to your bank account. Therefore, in effect you are paying in cash and not on credit.
What are the benefits of having a cash back credit card?
There are many benefits to having a cash back credit card because mainly, you get cash back through making purchases with your credit cards. The APR rates are about the same, but they are better to have than regular credit cards because they save you money and have low interest rates too.
Do Merchant agreements allow retail sales to charge more for credit card payment than cash?
Absolutely not. Anyone offering to charge more than the ordinary price for accepting a credit card should be reported to the credit company immediately. On the other hand, offering a "cash discount" is not considered the same thing, as it is no longer the "ordinary price", and it is the merchant who pays the difference (in lost profit).
Does it cost more money to use a credit card than cash?
No it doesn't cost much it remains the same
Is a bank card the same as a credit card?
Bank cards and credit cards are not the same. when you say bank cards, it's the one that you use for withdrawing money from the ATM machine. Credit cards on the other hand allows you to purchase goods and services without cash.
Can you use a PayPal credit card at an ATM?
Paypal offer payment cards by invitation only. The card isn't a credit card but acts like a debit card attached to a Paypal balance. It can be used at an ATM in the same way as a debit card to withdraw cash.
What credit card features would be best for customers who might need to use their credit card to borrow money?
Ideally, there would be no fees for cash advances and the same interest rate for all charges, both purchases and cash advances. (Some cards offer both of these features.)
What are facts about CBA Credit Cards?
There a varying credit limits depending on type. The minimum closing balance is $25. Interest of purchases varies by card type. Interest on cash advances is the same for all card types.
Is there a way to convert a visa gift card into cash?
No. I dont know why but I have Tried the same thing and I was turned down.
