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What If I Have Got A Large Purchase Approaching And Wish To Get A Lower Rate Of Interest On My Credit Card Account?
TinaMark
Call and request for that retention department. Frequently they can provide you with marketing rates for little amounts of time (for example, 1.9% for six months 3.9% for a year) and then suggest large obligations towards it before the marketing rate expires.
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∙ 9y ago
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Can you earn interest from a credit card if you have a positive credit account and does the credit company have to pay you interest for borrowing your money?
You cannon earn interest from a credit card if you have a positive credit account. The bank will simply give you a refund if you have overpaid.
What is an in store charge account?
An in-store charge account is like a credit card account. If you qualify, the store will allow you to purchase items on credit. You are then required to make monthly payments to pay off the merchandise you buy. The store makes money by charging interest on the balance owed.
What is the latest Export Packing Credit interest rates of SBI?
what is the latest export packing credit interest and foreign bill purchase interest rate of SBI.
Does a credit card issuer have to pay the card holder interest on an account that has a positive credit amount?
The consumer will earn interest on the account, but may be "rewarded" with cash rebates (usually quite small) and other such perks. Credit card issuers to not have to pay card holders interest on such accounts, it would be contrary to the purpose of issuing credit in the first place.
When is your interest paid into your bank account?
Generally a personal checking account which earns intrest will credit the acct. Monthly
Can you earn interest from a credit card if you have a positive credit account and does the credit company have to pay you interest for borrowing your money?
You cannon earn interest from a credit card if you have a positive credit account. The bank will simply give you a refund if you have overpaid.
What is entry for interest credited into Bank account?
bank account debit and interest payable credit
What is the difference between a purchase on account and a sale on account?
Purchase on account means purchases from vendors on credit while sales on account means selling to customers on credit.
Is interest payable a credit or debit?
Interest payable is liability account and have a credit balance as a normal balance.
What is the journal entry to interest on capital?
[Debit] Interest on capital account xxxx [credit] Capital account xxxx
What is an in store charge account?
An in-store charge account is like a credit card account. If you qualify, the store will allow you to purchase items on credit. You are then required to make monthly payments to pay off the merchandise you buy. The store makes money by charging interest on the balance owed.
When a purchase on account is made the invoice becomes debit or credit?
A debit to the vendor's subsidiary account.
What type of account is purchase returns?
credit card
What is the latest Export Packing Credit interest rates of SBI?
what is the latest export packing credit interest and foreign bill purchase interest rate of SBI.
What is the accounting journal entries for penalties and interest an taxes?
The accounting journal entries for penalties and interest on taxes will go in the debit and credit columns. You debit the expense account and credit the liability account until the penalties and interest is paid.
What do you debit and credit for purchase returns?
Debit the supplier Credit the Purchases Returns account
What is the journal entry of credit purchase?
[Debit] Purchases account [Credit] Accounts Payable
