2006-11-02 20:03:19 · 7 answers · asked by Anonymous in Business & Finance ➔ Credit
Thx. I now know what the 3% handling charge is.
The card is 0% for 12 months on purchases. I take it that means that with the handling fee all i would pay is the 3% on any purchases I make? Thx.
2006-11-02 20:30:37 · update #1
3% of the sum payable to whoever your contract is with for their part !!
2006-11-02 20:05:48 · answer #1 · answered by IloveMarmite 6 · 0⤊ 0⤋
A 3% handling fee first of all is ridiculous. You will have an interest rate as it is and the company will make enough money from you just with that. A handling fee is simply a handling fee, just as it sounds. Look at it similar to something like shipping and handling. They want to charge you to bill you every month, set up an account for you, and all of those other little details. I would look around some more before you commit to anything like that. Many credit card company's do not charge a handling fee. If you are just trying to build some credit, go to First Premier bank, or Capitol One and apply for a credit card with a limit of $250 to $500. Pay that off, over a years time and your credit report will show that you are in good standing. Then you will get better offers from credit card company's with lower interest rates and NO handling charges. Hope this helps
2006-11-03 04:15:16 · answer #2 · answered by wizardburg28 3 · 0⤊ 0⤋
My travel agent charges a 1% handling fee,if I pay by credit card.
This means that I pay an extra 1% on top of the cost
say £1000 + 1% =£1010.
3% would be an extra £30 on every £1000 spent.
2006-11-03 04:17:28 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Handling charges are best described as fees charged on the process of rendering servises. therefore handling charges on credit cards are charges on the protection, security, transfer, sequential movements of the cards as the user will use it frequently. Such charges are better computed and included in the face value of the cards and tax paid thereof.
2006-11-03 04:17:05 · answer #4 · answered by Nnamsco 3 · 0⤊ 0⤋
If you are going to transfer a debt from another card, they will charge you 3% of this up front - you transfer £1000, they charge you £30, so your new debt will be £1030.
If you withdraw cash, this will incure a handling fee
2006-11-03 04:15:57 · answer #5 · answered by lulu 6 · 0⤊ 0⤋
your additional details bit is wrong
the 3% handling fee is on any balance transfers
purchases would be free
2006-11-03 07:55:54 · answer #6 · answered by alatoruk 5 · 0⤊ 0⤋
You give them 3% of everything you have to show your commitment.
2006-11-03 04:05:21 · answer #7 · answered by Politia 3 · 0⤊ 1⤋