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How do you make money using credit card?

Updated: 8/17/2019
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14y ago

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get cards from evry bank and sell it to junk dealer ???

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Q: How do you make money using credit card?
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What is one benefit to using a debit card that is not a benefit of using a credit card to make a purchase?

With a debit card you can only use money that you put in a bank and with a credit card you are using the money from the credit card company which can lead to bankruptcy if you are not careful.


Why credit is expensive than cash?

Using a credit card is more expensive because the credit card companies charge retailers a percentage of each transaction - that's largely how they make their money.


What are the disadvantages of having a secured credit card?

The main disadvantage to using a secured credit card in place of a traditional credit card is the fact that you have to have the money in advance for any purchase you want to make. While this is an advantage when considering your credit score, it is also a disadvantage in the event of an emergency situation.


Can you buy stocks online using a credit card?

You can buy stocks online using a credit card, but it is really not recommended. If you don't have the money to invest and you use a credit card to buy the stock, you can make very little or nothing at all if the stock plummets. Then you are stuck with a credit card bill for an investment that didn't pan out. If you are looking to make an investment, talk to a financial advisor about your options before making a decision.


What happens if you transfer money from your checking account to your credit card?

When you transfer money from your checking account to your credit card, you make a credit card payment. If you do not have a balance owed on your credit card, then you will have credit or a positive balance on your card.


What is the purpes of ATM?

For the banks: To make money. For regular people: To take money from their credit card and make it physical money.


How does a lender use a credit card?

A lender can use a credit card in various different ways. They lender can issue the credit card and make money from the interest. The lender can also take credit card payments from the borrower.


How do you make a debt on doodle god?

Bank + Money = Debt Money+ House = Bank Gold + Paper= Money


How do you use a united credit card?

Using a United credit card is the same as using your Discover or Citibank card. Simply make your purchase and complete the transaction in the store by giving your card to the teller or putting it through the card reader.


How do you put money on the app store with no gift card?

You will have to input your credit card details to spend money on iTunes and the app store. You cannot actually "add" money without a gift card but imputing your card details in your account will be charged for each purchase you make.


Why are use for debit and credit?

When you use a debit card, it uses the money you have deposited in your account to make payments. When you use a credit card, the bank lends you money to make the payment, and you have to pay it by the end of the month (with interests).


If there is no assets who's responsible for credit card debt?

If a person dies and owes money on credit cards, the person who issued the credit cards loses. The merchant still gets his money. (The credit card companies make money by charging merchants a small fee on each transaction. They make interest. They lose money on deadbeats and deaths.)