0
Add your answer:
Earn +20 pts
Do you have to have a bank account with the bank that issues the credit card?
No - in most cases. As long as the credit card issuer can determine your credit worthiness, it doesn't matter where your bank account is. There is one exception. If you apply for a secured credit card, you must keep a 'security deposit' of a certain amount in the institution chosen by the credit card issuer (usually their own bank).
How is a charge card different from a credit card?
A charge card you have to pay the full balance at the end of the month. You can buy as much as you want, but you must pay at the end of the month. A credit card will give you a limit of $xxxx and you can pay that off over years and build the interest until you can never pay it off. So essentially you can buy a yaht with a charge card but not a credit card. The downside to the charge card is the fact that if you cant pay up in full every month, they will gut you worse than a credit card would. Also, charge cards carry an annual fee for their generous rewards points and the risk they incur by backing you.
How do you enter a credit card transaction?
I can only assume that you are asking in regard to registering a sale at point of purchase. If you do not have a scanner for the cards, you must have a slider or you can enter the information manually, but you absolutely MUST have credit slips which are furnished by either the credit card company or your bank. Once you have these slips, all you have to do is fill in the blanks. It is very simple. sunnyraye
What is the time limit for processing a debit card charge?
A debit card charge must be posted no more than 30 days from the date of purchase. The merchant can still post a charge after the 30 days however they open themselves up to getting a chargeback from the cardholder/bank. A chargeback is a right that every cardholder/bank have. It is a way for the CH/Bank to get back their money when a merchant incorrectly processes a transaction.
When is a charge off removed?
A charge off will stay on your credit report for 7 years unless removed by the original creditor or the credit bureaus. You can dispute a charge off with the credit bureaus and they must verify it with the original creditor with in 30 days or it must be removed from your credit report.
How can someone get a credit card with Orchard bank?
To obtain a credit card from the Orchard Bank one must apply and qualify for the credit card. Orchard Bank has online applications that can be completed on their website.
Do you have to have a bank account with the bank that issues the credit card?
No - in most cases. As long as the credit card issuer can determine your credit worthiness, it doesn't matter where your bank account is. There is one exception. If you apply for a secured credit card, you must keep a 'security deposit' of a certain amount in the institution chosen by the credit card issuer (usually their own bank).
How old do you have to be to apply for an Orchard bank credit card?
You must be at least 19 years old in order to apply for an Orchard bank credit card for yourself. However, if you have someone else with this credit card, then it might allow you to have it earlier.
When are you in credit card debt?
A person is in credit card debt when they have charges on their credit card and can not pay them. A person can make charges on a credit card and make payments at a later date. When a person charges on their credit card, the charge is now a debt that must be paid.
Does debit card build credit?
A debit card is a card that takes money straight out of the bank, however, a credit card lets you borrow money, but you must pay interest. So, a debit card does not build credit.
What are the terms and conditions to supply for an Ulster Bank Credit Card?
To be able to apply for an Ulster Bank Credit Card one must be eligible and follow their terms and conditions. The terms and conditions states that one must not be in debt and must have a good FICO score.
Debit card and credit card?
A debit card is connected directly to a bank account. The money being charged must be present in the account. A credit card is used with a promise to pay the creditor in the future.
Casual corner stores closed what do you do with your credit card I want to use it if I can Does the credit card come from a bank so that I could still use it Or can I only used it at Casual Corn?
The Causal Corner credit card was originally contacted through a bank called "Monogram Credit Card Bank of Georgia". This company sold out to GE Money Bank which now holds your Casual Corner account. You must call them to cancel your card. Cancel you Casual Corner credit card by calling GE Money Bank at 1-800-414-4557.
What is a secured credit card and an unsecured credit card?
A secured credit card is a pay to play system. That is you must bank a certain amount with the issuing bank before you may use the card. If that balance is met or exceeded, your ability to use the card will end. An unsecured card is a type of loan; you may use the card up to your assigned limit with no penalty (other than that outlined in the credit agreement).
Can you get an RBS credit card in the US?
Yes you can get an RBS (Royal Bank of Scotland) credit card in the US if you qualify. Just like any other credit card you must submit an application and wait to see if you are accepted or rejected.
What are the qualifications of getting a premier bank card?
To get a premier bank card, one must have a good credit score so that the banks can entrust the person in repaying the money after spending it. Without a good credit score, it is highly likely that the application for the card will be rejected.
How do you get a credit card in your child's name?
simply go to your bank and ask for one but they must be over 13
