Questions tagged [credit card]

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Martino Martino Sat Aug 31 2024 | 7 answers 1147

What is transaction fee on my credit card?

Could you please elaborate on what you mean by "transaction fee on my credit card"? Are you referring to the fee charged by your credit card issuer for each purchase you make, or is there a specific transaction you're inquiring about? Typically, credit card issuers charge a small percentage of the purchase amount as a transaction fee, but this can vary depending on the card and the issuer. Additionally, some merchants may also charge a fee for using a credit card, which is separate from the fee charged by the card issuer. It would be helpful to know more about your specific situation in order to provide a more accurate answer.

What is transaction fee on my credit card?
Michele Michele Fri Aug 30 2024 | 6 answers 938

Is it better to use credit card or cash for exchange rate?

When it comes to the question of whether it's better to use a credit card or cash for exchange rates, there are a few factors to consider. First and foremost, the exchange rate offered by your credit card company may not always be the most competitive one available. Additionally, using a credit card for foreign currency transactions can often result in additional fees, such as foreign transaction fees, which can further eat into your savings. On the other hand, using cash for exchange rates can give you more control over the rate you receive, as you can shop around for the best deal. However, it's important to be cautious when exchanging cash, as there is always a risk of being scammed or receiving counterfeit currency. So, in essence, the answer to the question of whether it's better to use a credit card or cash for exchange rates depends on a variety of factors, including the exchange rate offered by your credit card company, any additional fees associated with using a credit card, and your level of comfort with exchanging cash. Ultimately, it's up to you to weigh these factors and decide which option is best for you.

Is it better to use credit card or cash for exchange rate?
SolitudeSeeker SolitudeSeeker Fri Aug 30 2024 | 7 answers 1644

Is it wise to use a credit card abroad?

Is it really a good idea to use a credit card when traveling abroad? While it may offer convenience and ease of use, are there potential risks or hidden fees that travelers should be aware of? What about security concerns and potential fraud? Is it better to stick to cash or prepaid cards as a safer alternative? What advice would you give to someone considering using a credit card while traveling internationally?

Is it wise to use a credit card abroad?
EchoSeeker EchoSeeker Fri Aug 30 2024 | 6 answers 1075

Can I use a credit card to buy Crypto on Venmo?

Can you tell me if it's possible to use a credit card to purchase cryptocurrency on Venmo? I've been looking into different options for buying crypto and have heard mixed things about the use of credit cards for this purpose. Is Venmo one of the platforms that allows for this type of transaction, or would I need to use a different method, like a debit card or bank transfer? Additionally, are there any potential risks or limitations to consider when using a credit card to buy crypto on Venmo? I'd appreciate any insight you can provide.

Can I use a credit card to buy Crypto on Venmo?
BlockchainBaron BlockchainBaron Fri Aug 30 2024 | 6 answers 1348

Is it bad to pay off credit card twice a month?

Could you please elaborate on whether it's considered a negative practice to make multiple payments towards a credit card balance within a month? Some argue that doing so could potentially harm one's credit score or trigger unnecessary fees. However, others claim that it's a responsible financial move to reduce interest charges and debt faster. Could you provide some insights into the potential benefits and drawbacks of this strategy?

Is it bad to pay off credit card twice a month?

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