let's see...

[ajva]

I've paid off one of my credit cards with a chunk of cash (with a consolidation loan at much lower interest), but I accidentally overpaid because I checked the repayable balance before the final monthly payment filtered through to the account.

So I've donated $20 to Karyn, and I'm going to leave the other £20 or so in the account to see what happens when a credit card account is actually ... well ... *in credit*.

Wonder if they'll pay me interest? :o)


Surely it can't be that easy

Comments

[adjectivemarcus.livejournal.com]

Surely it can't be that easy

It appears to be. And I'm sure we'll see many more soon....

Hmmmm.

[ajva.livejournal.com]

Ha ha. No, I actually meant, surely it can't be that easy to find a high-interest earning savings account as simply using your credit card in untraditional fashion. I like "Karyn"'s brass neck and I am generous, so what the hell.

[lutonianbill.livejournal.com]

There used to be some credit cards that paid interest on positive balances, but they never were high interest ones - it was the usual "we charge you a fortune if you owe us, but we'll pay a pittance if we owe you". Even from the Co-op bank.

The daftest one was the Assent card from Barclays that I had to re-jig their computer systems for: you paid them a fixed amount each month for no reason except that if you needed to borrow money off THEM you could borrow forty times that monthly amount at a not-quite-as-exorbitant- as-Barclaycard rate.

After discovering that people would make one huge monthly installment and then borrow money at rates lower than a Barclayloan, the card was quickly retired and all holders were moved over to the new Barclaycard Mastercard. Three months work down the drain for us, and a few heads rolling in the marketing department.

[tephramancy.livejournal.com]

That site rocks... I have so much respect for her for being so honest. I'm actually tempted to give her money, since I'm pissing mine away at the moment :-)

[ajva.livejournal.com]

Cool. Let me know if you do, woncha? :o)

Re:

[tephramancy.livejournal.com]

Of course... she a friend of yours or summat?

[ajva.livejournal.com]

Nope. Just read about the site in Metro this morning. I'm just curious to see if anybody else apart from me is actually willing to donate (of the people I know, that is). I would expect most people to be of Karen's opinion, see.

:o)

Re:

[tephramancy.livejournal.com]

TBH, I think she's ridiculously brave. It's not easy to ask for help when you're in a mess - I've assfucked myself on occasion, cause I was too proud to accept help when I needed it. Although a few months ago, when I was in the process of moving, I needed the same kind of help (although far less money was involved), and if it wasn't for the nicest guy in the world on my friends list, I may have ended up homeless.

[valkyriekaren.livejournal.com]

I don't know, there are a lot more worthy causes out there than shopoholics (curse that shopohol!). Yes, I admire her nerve in just standing up there asking for money, but no more than I admire homeless people who stand on the street and do the same; probably less, in fact, since all she hs to do is sit at her laptop and tap in a few messages, whereas they have to stand out in the elements, and face abuse and ignorance every day. Don't send money to her. Buy the Big Issue. Give your spare change to buskers. Give it to a friend in need. Don't waste it on someone you'll never meet, whatever guff she talks about karma.

[ajva.livejournal.com]

Ah, you'll be wanting this site then.

:oD

All terribly amusing.

Re:

[tephramancy.livejournal.com]

I do buy the Big Issue. I buy food for homeless people, and give change to buskers. If a friend is in need, I help out. I wasn't suggesting doing this in place of other charitable actions, just as an aside. I hate having all this money when other people don't - apart from what I plan to save for a deposit on a house, the rest is going on as much other stuff (and people) as possible.