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New Credit Card When Retired
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<blockquote data-quote="747sp" data-source="post: 2279740" data-attributes="member: 56792"><p>It depends on who issues your card. Banks are allowed to hold deposit accounts so your credit account can be positive. Non banks cannot hold deposit accounts and so need to return the money. To complicate things some issuers are less compliant than others so they may ignore small positive balances to keep the customer happy.</p></blockquote><p></p>
[QUOTE="747sp, post: 2279740, member: 56792"] It depends on who issues your card. Banks are allowed to hold deposit accounts so your credit account can be positive. Non banks cannot hold deposit accounts and so need to return the money. To complicate things some issuers are less compliant than others so they may ignore small positive balances to keep the customer happy. [/QUOTE]
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New Credit Card When Retired
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