How Do You Handle Credit Card Balances | FerrariChat
Buy

How Do You Handle Credit Card Balances

Discussion in 'Other Off Topic Forum' started by ghost, Jun 20, 2005.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

?

How Do You Handle Credit Card Balances

  1. Pay in full

  2. Pay in part

  3. Either full or in part - varies depending on the finances that month

  4. Pay? Ponzi's my brother!

Multiple votes are allowed.
Results are only viewable after voting.
  1. ghost

    ghost F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    10,046
    Singapore
    #1 ghost, Jun 20, 2005
    Me? Paid in full at the EOM, directly debit.

    You?
     
  2. Modenafan

    Modenafan F1 World Champ
    Lifetime Rossa Owner

    Dec 19, 2004
    12,069
    Moorpark
    Full Name:
    Jon
    #2 Modenafan, Jun 20, 2005
    Pay in full. I just use Amex so all the points go on one card.
     
  3. ghost

    ghost F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    10,046
    Singapore
    #3 ghost, Jun 20, 2005
    Agreed - points are yummy!
     
  4. fluque

    fluque Formula 3

    Jul 30, 2004
    1,759
    Above 2240m
    Full Name:
    Fernando
    #4 fluque, Jun 20, 2005
    95% of the time I use Amex and pay all credit cards in full.
     
  5. PeterS

    PeterS Five Time F1 World Champ
    Silver Subscribed

    Jan 24, 2003
    52,014
    Goodyear, AZ
    Full Name:
    PeterS
    #5 PeterS, Jun 20, 2005
    I put everything possible on my UAL VISA. Wanna hear anal? He ya go!

    When I use my UAL VISA, I subtract the transaction amount from my checking account register balance and circle the amount. When I get my statement, I add up all of the circled amounts and write a check for that amount to UAL VISA each month.
     
  6. Evolved

    Evolved F1 Veteran

    Nov 5, 2003
    8,700
    #6 Evolved, Jun 20, 2005
    AMEX.
    Pay in full
    Nice card. 300 dollars back every year.
     
  7. SrfCity

    SrfCity F1 World Champ

    Nov 1, 2003
    10,142
    Orange County, CA
    #7 SrfCity, Jun 20, 2005
    Pay everything with AA credit card. Paid off monthly. I make the mo. payment myself.(I want to be able to control it) I'd like to figure out how to pay mortgages with it to rack up miles?
     
  8. PMDDMD

    PMDDMD Formula Junior

    Apr 1, 2004
    362
    #8 PMDDMD, Jun 20, 2005
    I had 11 credit cards, all maxed, by the time I graduated from grad school...it took nearly 5 years, but got them all paid off and use AMEX exclusively now...paid in full at EOM..lots of points built up..hoarding for that MIG-29 ride in about...oh...20yrs.:)
     
  9. Dom

    Dom F1 Veteran
    Owner

    Nov 5, 2002
    8,489
    #9 Dom, Jun 20, 2005
    Pay in full. Put everything I possibly can onto my Chase Freedom card, which gives me a gas rebate. Love my free gas.

    Dom
     
  10. Z0RR0

    Z0RR0 F1 Rookie

    Apr 11, 2004
    3,470
    Montreal, Canada
    Full Name:
    Julien
    #10 Z0RR0, Jun 20, 2005
    What? I'm supposed to pay something? My Amex has a 237,543$ high score. Keeps rising every month! Pretty cool, eh?

    Kidding ... I usually pay my Amex with the MC. And pay the MC with Visa. Works for me. :D
     
  11. UroTrash

    UroTrash Four Time F1 World Champ
    Consultant Owner

    Jan 20, 2004
    40,461
    Purgatory
    Full Name:
    Clifford Gunboat
    #11 UroTrash, Jun 20, 2005
    You are all a bunch of DEAD BEATS according to the card companies!
     
  12. PeterS

    PeterS Five Time F1 World Champ
    Silver Subscribed

    Jan 24, 2003
    52,014
    Goodyear, AZ
    Full Name:
    PeterS
    #12 PeterS, Jun 20, 2005
    With the poll about 95% for paying a card off each month, what do you think that poll would look like on www.hillbillychat.com?
     
  13. RMV

    RMV F1 Veteran

    Apr 11, 2002
    7,372
    #13 RMV, Jun 21, 2005
    I don't have a card, but my parents pay their's off in full every month. They've never paid one cent in interest. We are always getting letters from the bank asking us if we'd like to increase the card limit. Hmmm, I wonder why?
     
  14. judge4re

    judge4re F1 World Champ

    Apr 26, 2003
    13,477
    Never home
    Full Name:
    Dr. Dumb Ass
    #14 judge4re, Jun 21, 2005
    Amex. Paid in full every month via their website. No check, no postage.
     
  15. gougoul

    gougoul Formula 3

    Nov 25, 2004
    1,305
    Geneva, Switzerland
    #15 gougoul, Jun 21, 2005
    I wire every month the balance
     
  16. Artherd

    Artherd F1 Veteran

    Jun 19, 2002
    6,588
    Bay Area, CA
    Full Name:
    Ben Cannon
    #16 Artherd, Jun 21, 2005
    Aren't the fees killing you? Or do you know something I don't? ;)
     
  17. gougoul

    gougoul Formula 3

    Nov 25, 2004
    1,305
    Geneva, Switzerland
    #17 gougoul, Jun 21, 2005
    It's an international card...so no real choice. Anyway, if the credit card costs thousands a year in fees, you don't care paying a bit more wire-fees.
    no ?
     
  18. ghost

    ghost F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    10,046
    Singapore
    #18 ghost, Jun 21, 2005
    Should be no more than $25.00, or thereabouts, for a wire transfer.

    You should see if you can setup it via direct debit - much easier, and hassle-free.
     
  19. Tomf-1

    Tomf-1 F1 Rookie

    Jan 17, 2004
    4,528
    Leawood KS/ South FL
    Full Name:
    Thomas
    #19 Tomf-1, Jun 21, 2005
    charge it in full to buy lambos then make monthly installment w/ min. payment. vik, this is how i finance my lambo's addiction :D :D :D

    all jokes aside, todd at nelson auto group let me put 40k onto my mastercard a year or so ago on my 512tr purchase. this took place after we negotiated and agreed on price....that put some points on the board real quick (yes, i fedex payment the same day to mastercard and made certain it got credited....).

    hey vik, on an italian related note, is there some big italian car festival going on in upstate NY this upcoming weekend? mike @ cannillo motorsports was telling me yest. are you going?
     

Share This Page