Yes this is possible, the balance transfer credit card company would likely not know the person who they were sending the funds too since all they usually ask for is the 16 digit card number so this could be any card in any persons name. Westpac allow this and they have an area on the bottom of...
I think I will open one of these accounts, would you like to refer me and get a free bottle of champagne, can I pay using a Westpac CC, are there any other companies like this. Are there any risks involved? How do they send the funds back to you? This seems like a good way to earn some extra...
I had a similar problem, I telephoned Citibank and the lady said i was eligible to upgrade from Silver to Gold, I didnt take up the offer due to the $119 annual fee. I then came accross the no annual fee gold card offer and promptly telephoned Citibank again to take up the offer but the lady...
I use my credit cards as bank accounts and have not ever had any complaints, i would imagine that the banks would be more than happy to have use of my funds for 45 days rather than me using their funds for 45 days. I would hope that Citibank would send you the funds that you have in credit after...
The reason that I have 3 cards is that sometimes amex offers me 0% interest for 6 months on the 2 credit cards, with 3 cards this enables me to use this money interest free without disrupting my spending. Not sure if u can link rewards membership.
I assumed that you already had an Amex CC, it would be likely that they would do a credit check if you dont have one already, every time they have offered me a credit limit increase or upgraded CC then they have not done a credit check however when ever I ask them for an increase they always do...
Very Unlikely that Amex would do a credit search if they offer you a Gold Card, I have the very same Fee Free Gold CC saving $70 per year, I also have a Platinum CC (fee $395 includes Ascent Rewards linked to all 3 cards and free flight) and a charge card (fee $130 this is waived due to having...
Make sure u join as a resident of a country other that Australia, just make up an address in the UK then change it to an Australian address a few minutes later, this will save u the $80 joining fee.
Points to me are worth 0.01785 cents per point so i would be prepared to pay no more than 1 cent per point, there are few businesses that would be able to negotiate a credit card service fee of less than 1%, but if you could then this suggestion would be worthwhile. I doubt that it would be...
Woolworths Ezy MasterCard is one of the best for FF points. But Citibank cashback card is not bad with up to 4% cashback this is capped at $1500 per year.
I agree there should be no problems with this, how long does it take for the funds to appear in the merchant account. I would have approximately 56 days interest free on my CC, if I were to do this with $100,000 dollars I could invest the funds returned by cheque in my high interest account...
When using credit card insurance to cover the excess you usually have to reduce the excess with the hire company to as low as possible, so if that means paying an extra $20 per day to reduce the excess from $1500 to $100, then you must do this otherwise they would not pay out.
I was in a similar situation as you, to overcome this i made a credit card payment for $10,000 into a utility bill, the points appeared in my credit card rewards account the next day. I then sent them to my FF account, then asked the utility company to refund the money back to my card. This left...