Moderators: richierich, ua900, PanAm_DC10, hOMSaR
Francoflier wrote:You pay your credit card by cheque? Through the mail?
Francoflier wrote:The OP has a thang for post offices...You pay your credit card by cheque? Through the mail?
Now that's a hipster power move.
Airstud wrote:...I mean I put a jacket on and drove to the Elmwood post office just for that reason.
Virtual737 wrote:Is mail stil a thing? Is Mastercard still a thing?
Mods, this thread seems to have been bumped from 1978.
petertenthije wrote:Francoflier wrote:You pay your credit card by cheque? Through the mail?
Are cheques still a thing? I’ve never ever seen one in the Netherlands.
Last time I saw one was almost twenty years ago in England.
Virtual737 wrote:Is mail stil a thing? Is Mastercard still a thing?
Mods, this thread seems to have been bumped from 1978.
petertenthije wrote:Francoflier wrote:You pay your credit card by cheque? Through the mail?
Are cheques still a thing? I’ve never ever seen one in the Netherlands.
Last time I saw one was almost twenty years ago in England.
Virtual737 wrote:Is Mastercard still a thing?
petertenthije wrote:Francoflier wrote:You pay your credit card by cheque? Through the mail?
Are cheques still a thing? I’ve never ever seen one in the Netherlands.
Last time I saw one was almost twenty years ago in England.
Airstud wrote:There's this new thing called e-payments. It's only been around for 20+ years...It turns out it's actually due in Philly on the phirst, not the second, of December.
This morning I sent out a payment on my Goodyear credit card.
That has to be in Louisville by the 4th.
phatfarmlines wrote:E-payments aside, do postmarked dates not matter anymore?
fr8mech wrote:phatfarmlines wrote:E-payments aside, do postmarked dates not matter anymore?
I think it depends on what your agreement says. I don’t think I’d ever seen a credit card that defined on time as the postmark date.
I think that’s reserved more for applications and what-not.
Airstud wrote:Your FICO score doesn't thank you...
I like it better that way anyway. It's more suspenseful, exhilarating.
ACDC8 wrote:That sounds like me.Nowadays, go to the bank, get a book of 10 "just in case" cheques and they'll last you 5 years.
johns624 wrote:Airstud wrote:Your FICO score doesn't thank you...
I like it better that way anyway. It's more suspenseful, exhilarating.
ACDC8 wrote:here in Canada
afcjets wrote:FICO scores are overhyped anyways. All they measure is you're credit to income ratio and whether you pay bills on time. They don't have anything to do with your assets. I haven't had a credit balance in 20+ years but I have high limits on my cards due to longevity so I hover around 798-804. I also have well into 6 figures of liquid assets. I have friends living paycheck to paycheck who, because they pay their bills on time and have lower credit limits, who have higher scores.johns624 wrote:Airstud wrote:Your FICO score doesn't thank you...
I like it better that way anyway. It's more suspenseful, exhilarating.
Your FICO score wouldn't be affected until you reached at least 30 days past due and then only if the bank or their algorithm chooses to report it.
Airstud wrote:I really like Halifax, it's just too damn far from anywhere. Not as bad as PEI, which I also like, but still too damn far.ACDC8 wrote:here in Canada
The correct way to be in Canada is to be in Halifax.
johns624 wrote:afcjets wrote:FICO scores are overhyped anyways. All they measure is you're credit to income ratio and whether you pay bills on time. They don't have anything to do with your assets. I haven't had a credit balance in 20+ years but I have high limits on my cards due to longevity so I hover around 798-804. I also have well into 6 figures of liquid assets. I have friends living paycheck to paycheck who, because they pay their bills on time and have lower credit limits, who have higher scores.johns624 wrote:Your FICO score doesn't thank you...
Your FICO score wouldn't be affected until you reached at least 30 days past due and then only if the bank or their algorithm chooses to report it.
Aesma wrote:Huh? You pay the same, whether cash or credit. You pay it off at the end of the month and get miles/points/cash back for free.
As for credit cards, they're not really a thing, here. What's the point of getting a credit (and pay for it) if you have the cash on hand ?
Aesma wrote:
As for credit cards, they're not really a thing, here. What's the point of getting a credit (and pay for it) if you have the cash on hand ?
jetwet1 wrote:Aesma wrote:
As for credit cards, they're not really a thing, here. What's the point of getting a credit (and pay for it) if you have the cash on hand ?
Points/miles so you can take a nice vacation ?
scbriml wrote:Virtual737 wrote:Is Mastercard still a thing?
I hope so because Amazon just announced that they'll not be accepting Visa in the UK after 18th January.
johns624 wrote:afcjets wrote:FICO scores are overhyped anyways. All they measure is you're credit to income ratio and whether you pay bills on time. They don't have anything to do with your assets. I haven't had a credit balance in 20+ years but I have high limits on my cards due to longevity so I hover around 798-804. I also have well into 6 figures of liquid assets. I have friends living paycheck to paycheck who, because they pay their bills on time and have lower credit limits, who have higher scores.johns624 wrote:Your FICO score doesn't thank you...
Your FICO score wouldn't be affected until you reached at least 30 days past due and then only if the bank or their algorithm chooses to report it.
Airstud wrote:fr8mech wrote:phatfarmlines wrote:E-payments aside, do postmarked dates not matter anymore?
I think it depends on what your agreement says. I don’t think I’d ever seen a credit card that defined on time as the postmark date.
I think that’s reserved more for applications and what-not.
Yeah postmark dates matter for things like sweepstakes entries (I think it also mattered for college apps back in my day) and for tax returns.
It's never ever mattered for credit card & loan payments; they go by arrival date only.
I like it better that way anyway. It's more suspenseful, exhilarating.
johns624 wrote:Aesma wrote:Huh? You pay the same, whether cash or credit. You pay it off at the end of the month and get miles/points/cash back for free.As for credit cards, they're not really a thing, here. What's the point of getting a credit (and pay for it) if you have the cash on hand ?
Aesma wrote:I know that vendors pay about 2% to the credit card companies. I don't care about that. It doesn't affect me. I also know that I pay the same price, whether cash or credit. So why shouldn't I use my CC and get free flights, nights in hotels, etc?johns624 wrote:Aesma wrote:Huh? You pay the same, whether cash or credit. You pay it off at the end of the month and get miles/points/cash back for free.As for credit cards, they're not really a thing, here. What's the point of getting a credit (and pay for it) if you have the cash on hand ?
I'm sure the vendors where you use your card will agree that it's the same. Or maybe not.
jetwet1 wrote:Points/miles so you can take a nice vacation ?
johns624 wrote:I know that vendors pay about 2% to the credit card companies. I don't care about that. It doesn't affect me. I also know that I pay the same price, whether cash or credit. So why shouldn't I use my CC and get free flights, nights in hotels, etc?
fr8mech wrote:I did a weekend in Vegas for the wife and I on credit card points.
I bought tickets for the wife and I to Antigua this winter on credit card points.
ACDC8 wrote:
Same here. Credit cards can either be a very good financial tool or a very bad financial disaster for people.
WesternDC6B wrote:Now, a serious question for those of you who fly a lot: does the old Air Travel Card still exist?
alfa164 wrote:WesternDC6B wrote:Now, a serious question for those of you who fly a lot: does the old Air Travel Card still exist?
Yes, I does - although it is used mostly by travel agencies and corporate travel departments. UTAP (Universal Air Travel Plan) is popular with them because it charges very low fees (it is actually owned by the airlines) compared to most "consumer" credit cards.