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When a company offers a statement credit, does that amount appear on your card free for you to spend or is it only applied to an existing balance on the card?

In other words, do you get anything if you have no balance?

2007-09-01 14:56:38 · 2 answers · asked by D A 1 in Business & Finance Credit

2 answers

A credit would be applied to the balance. If your balance was 0, the credit would give you a negative balance. You can make charges and use up the credit balance.

2007-09-01 16:01:29 · answer #1 · answered by bdancer222 7 · 0 0

Huh? each credit card has a minimum finance charge volume. some are .50, maximum are $a million, some as much as $2. in case you had study the words you have been given you will have regular that.

2016-11-13 23:15:10 · answer #2 · answered by ? 4 · 0 0

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