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After you swipe your card for whatever, the bank pulls out the money you used and some of it goes in the bank's safe. The rest is used for their payday.

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Q: Where does money go after you swipe a credit card?
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Can you use your credit card to withdraw cash?

Yes, People can withdraw money from credit cards. Nowadays credit cards are not only used for shopping,paying bills but you can even withdraw money. During an emergency you can swipe your credit card and get spot cash.No need to go for loans.


What is the difference between check card debit card and credit card?

A check card and debit card are the same thing. Basically, if you already have a checking account, you would use a debit/check card the same way you would if you wrote a check. You make sure that you have the money in your checking account, scan the card at the retailer, and they will deduct that money from your checking account. A credit card is a loan. You don't necessarily need a checking account to have a credit card. When you swipe the credit card, the credit card company is paying for your purchase out of their money. In turn, they will send you a statement or invoice at the end of each month detailing how much you spent and how much you must pay. The major difference is that a credit card can lead to debt if you aren't disciplined. If you only use a check/debit card, you will never go into debt. When you run out of money in your checking account, new transactions will be declined.


How can you get credit card with money already on them?

Go to creditcard.com and go to credit for free. Beleive me this is going to be right! I did it!


What is the maximum you can get on a prepaid credit card?

There is not a limit on how much funds you can have on a prepaid credit card. You simply put on it the amount of money you have, and then go from there.


Can I use a debit card for deposits?

Yes, this can be done in conjunction with checks or cash. You would go to the ATM, insert or swipe your card, and choose the deposit option. It will then allow you to insert cash or checks, and it will credit to your account.


Can you purchase with credit card with no money in our account?

If you are speaking of using your debit card as a credit card without any money in your checking account the answer is yes until the overdraft reform laws go into effect 7/2010.


Where at the Black Widows lair do you swipe the keycard?

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Can a credit card company go after you for money forever?

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How do you see how much money you have on your credit card?

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Pros and cons of a credit card?

the pro is that you can buy whatever you want whenever you want. however the cons is that you can easily go into debt. i suggest you to go with a debit card first and if you are good at controlling your money then you should go for a credit card later on.


If you run out of money on your playstation network account does the charge go to your credit card?

If you've added a credit card, in the case of a purchase that exceeds the funds in your PSN Wallet, the difference will be charged to your credit card. If you don't have a credit card associated with the account, then you will simply be unable to complete the transaction.


How do you put money onto tablets?

go to your Google account for your device and enter your credit card into it