answersLogoWhite

0


Best Answer

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.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How are checks issued by credit card companies used?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What companies offer credit cards with no credit checks required?

There are many prepaid credit cards that a person is able to buy without credit checks. But if a person wished to buy a "normal" credit card such as VISA there is a company called Credit Federal that requires no credit checks to purchase a credit card.


Where can one carry out online credit checks?

Online credit checks are done with the major credit reporting bureaus. Trans Union, Equifax, and Experian. Credit checks can also be done with several of the major credit card companies.


What companies issue credit without personal credit checks?

Credit Card with high interest rates or high annual fees!!!


Where can one get a black credit card?

A Centurion card, also known as a black card, informally, is a charge card issued by American Express. Other companies will also offer black credit cards, as well.


What are functions of debit and credit cards?

Credit cards are issued to customers of companies who offer lines of credit. The card can be used to make purchases or payments in stores and online. Debit cards on the other hand are issued by banks or prepaid debit card companies. They have the same role as a credit card allowing consumers to make payments or purchases in stores and online, but can also be used to withdrawal money from an ATM.


Does a credit card issued to wife in the name of additional credit card without her consent will it be counted as a unsolicited credit card?

No.


can credit card co.garnish disability or retirement checks?

A credit card company may win a lawsuit against you to garnish your disability or retirement checks.


What do companies check up on to allow you a rental cell phone?

When you rent a cell phone you have to have a credit card. There is an authorization fee which is billed immediately to your credit card and the fee is substantial. There does not seem to be any kind of checks that they do.


Where to get a credit card?

Banks and credit card companies i guess


Who do you call for a lost credit card?

The organisation that issued the card.


What are some of the 'major' credit card companies?

Some of the 'major' credit card companies are Visa, Mastercard, and American Express. These three are the three largest credit card companies in the world.


When you die can credit card companies put a judgment on my property?

...you...my...?When I die, your credit card companies have absolutely nothing to do with the situation.When I die my credit card companies will take whatever I owe them.