rrc_2015 Posted May 6, 2016 Report Share Posted May 6, 2016 I have a credit of 4000 amount... Today is my last day to pay. I paid 2000 now and want to avoid charges for rest 2k. I got a crazy idea....donno correct ooo kaadoo ... Oka 2000 dollar item koni ( maybe a Mac in bestbuy) , ade return isthe .... It will add to credits on my card..... I will get another month time to pay rest . Will this work ? - yes this worked Quote Link to comment Share on other sites More sharing options...
Rendu Posted May 6, 2016 Report Share Posted May 6, 2016 nuvvu item koni return icchina adi.... refund category lo ki velthundi but it doesnt turn out as a payment and return/refund icchina dhaniki neeku credits ravu..... as far as I know... i may be rite or wrong Quote Link to comment Share on other sites More sharing options...
nissan Posted May 6, 2016 Report Share Posted May 6, 2016 last day enti? r u closing a/c? Quote Link to comment Share on other sites More sharing options...
sampangi Posted May 6, 2016 Report Share Posted May 6, 2016 2 minutes ago, nissan said: last day enti? r u closing a/c? Statement closing date anukunta Quote Link to comment Share on other sites More sharing options...
sampangi Posted May 6, 2016 Report Share Posted May 6, 2016 17 minutes ago, rrc_2015 said: I have a credit of 4000 amount... Today is my last day to pay. I paid 2000 now and want to avoid charges for rest 2k. I got a crazy idea....donno correct ooo kaadoo ... Oka 2000 dollar item koni ( maybe a Mac in bestbuy) , ade return isthe .... It will add to credits on my card..... I will get another month time to pay rest . Will this work ? Nuvvu last day na vere transaction chesina adhi processing state lo vuntundhi for most of the credit companies.. And nuvvu return iste adhi diff category.. Dont come for.payments afaik...Last month statment balance kattali to avoid additional fees.. Naaku telisina antha varuku Quote Link to comment Share on other sites More sharing options...
CheGuevara Posted May 6, 2016 Report Share Posted May 6, 2016 14 minutes ago, rrc_2015 said: I have a credit of 4000 amount... Today is my last day to pay. I paid 2000 now and want to avoid charges for rest 2k. I got a crazy idea....donno correct ooo kaadoo ... Oka 2000 dollar item koni ( maybe a Mac in bestbuy) , ade return isthe .... It will add to credits on my card..... I will get another month time to pay rest . Will this work ? As far as i know yes it will work for amex card... If you buy and return it that amount will be deducted from your payment atleast for amex ... Never observed on citior other cards... Quote Link to comment Share on other sites More sharing options...
k2s Posted May 6, 2016 Report Share Posted May 6, 2016 No other option bhujji... Interest rates are calculated from statement generated day onwards... Even if you pay in full today, u have pay interest charges from last statement day to today Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted May 6, 2016 Report Share Posted May 6, 2016 16 minutes ago, rrc_2015 said: I have a credit of 4000 amount... Today is my last day to pay. I paid 2000 now and want to avoid charges for rest 2k. I got a crazy idea....donno correct ooo kaadoo ... Oka 2000 dollar item koni ( maybe a Mac in bestbuy) , ade return isthe .... It will add to credits on my card..... I will get another month time to pay rest . Will this work ? No... Quote Link to comment Share on other sites More sharing options...
rrc_2015 Posted May 6, 2016 Author Report Share Posted May 6, 2016 18 minutes ago, nissan said: last day enti? r u closing a/c? Payment date bhayya Quote Link to comment Share on other sites More sharing options...
rrc_2015 Posted May 6, 2016 Author Report Share Posted May 6, 2016 6 minutes ago, CheGuevara said: As far as i know yes it will work for amex card... If you buy and return it that amount will be deducted from your payment atleast for amex ... Never observed on citior other cards... Yeah ...we are talking abt amexcard here Quote Link to comment Share on other sites More sharing options...
rrc_2015 Posted May 6, 2016 Author Report Share Posted May 6, 2016 7 minutes ago, CheGuevara said: As far as i know yes it will work for amex card... If you buy and return it that amount will be deducted from your payment atleast for amex ... Never observed on citior other cards... Hopes penchav bhayya Quote Link to comment Share on other sites More sharing options...
rrc_2015 Posted May 6, 2016 Author Report Share Posted May 6, 2016 7 minutes ago, k2s said: No other option bhujji... Interest rates are calculated from statement generated day onwards... Even if you pay in full today, u have pay interest charges from last statement day to today Today is my payment date Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted May 6, 2016 Report Share Posted May 6, 2016 10 minutes ago, k2s said: No other option bhujji... Interest rates are calculated from statement generated day onwards... Even if you pay in full today, u have pay interest charges from last statement day to today Interest calculated from next day after last payment date..The period from new cycle beginning to payment due date is interest free period. Quote Link to comment Share on other sites More sharing options...
ringa_ringa Posted May 6, 2016 Report Share Posted May 6, 2016 Do you have grace period for this card? if you have grace period and your card balance was 0$ at your last billing cycle, you might not be paying any interest. Since you are not paying in complete for this month, interest is charged on balance and also new charges using daily periodic rate... If you don't have a grace period, you are anyways charged whether you pay your bill in complete or not.. Quote Link to comment Share on other sites More sharing options...
macha Posted May 6, 2016 Report Share Posted May 6, 2016 ela alla ??? ipudu you owe 2k to CC kada??? if you buy item worth 2k then it will be again 4K how ya... Quote Link to comment Share on other sites More sharing options...
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