From: owner-persfin-digest@lists.xmission.com (persfin-digest) To: persfin-digest@lists.xmission.com Subject: persfin-digest V5 #110 Reply-To: persfin Sender: owner-persfin-digest@lists.xmission.com Errors-To: owner-persfin-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes persfin-digest Wednesday, December 15 1999 Volume 05 : Number 110 In this issue of the Personal Finance Digest: Best strategy for using credit card for major purchase? Re: Best strategy for using credit card for major purchase? The messages posted to the Persfin-Digest are opinions and are not intended to substitute for qualified professional advice. Subscribers should seek the services of qualified professionals for such advice. The publisher, Internet provider, and Digest contributors cannot be held responsible for any loss incurred as a result of the application of any of the information provided here. To ask questions or provide answers, send your email to "persfin-digest@lists.xmission.com". Also, you can "reply" to the persfin-digest and your email tool should fill in the same address. However, if you "reply", be sure to edit the subject field in your email to reflect your topic. Copyright (c) 1999, Jeff Salisbury POSTED SUBSCRIPTION FEE: $20/year. Payment is optional. You will not be billed. The Digest is available to all subscribers, whether or not they pay. I do not discriminate either in favor of paying subscribers or against nonpaying subscribers. If you feel that the information presented here is worth the fee, and you feel comfortable paying it, send cash, check, or money order (U.S. funds), payable to "Jeff Salisbury", to: Jeff Salisbury 65 North 1300 East Logan, Utah 84321 Payment will be acknowledged by e-mail if you include an e-mail address. Subscribe: e-mail majordomo@xmission.com, text: subscribe persfin-digest Unsubscribe: e-mail majordomo@xmission.com, text: unsubscribe persfin-digest ---------------------------------------------------------------------- Date: Mon, 13 Dec 1999 20:43:04 -0500 From: Ira Krakow Subject: Best strategy for using credit card for major purchase? We are planning a major purchase ($5,000) and would like to use a credit card for it. We've had a lot (about one a day) of offers for low cost balance transfers and thought It might be a nice idea if we could exploit these offers to best effect. Anyone have any experience charging major purchase (like college tuition, which a number of colleges offer) on one or more credit cards and getting the maximum effect (rebates, frequent flier miles, paper towels at BJs, etc.) from it. Thought this would be an interesting topic. Ira __________________________________________________ Do You Yahoo!? Thousands of Stores. Millions of Products. All in one place. Yahoo! Shopping: http://shopping.yahoo.com - - ------------------------------ Date: Tue, 14 Dec 1999 10:17:25 -0500 (EST) From: esslady@ix.netcom.com Subject: Re: Best strategy for using credit card for major purchase? On 12/13/99 20:43:04 [Ira Krakow] wrote: > > Anyone have any experience charging major purchase (like college tuition, which a number > of colleges offer) on one or more credit cards and getting the maximum effect (rebates, > frequent flier miles, paper towels at BJs, etc.) from it. - ------------ It had been my plan to negotiate to purchase my car using a mileage plus card. Part of the "deal" would be that I could make two payments (my credit card will not award more than 10K frequent flyer miles per period), so my entire car would be charged to my credit card (which I would pay off at the end of the month). A friend had done this, and it was the driving force behind my getting a mileage plus credit card in the first place. Apparently, the credit card and car people have caught on to this! The people from whom I ended up buying my car (car dealer) told me that the credit card company raises the discount when the car dealer permits more than $X to be charged (my recollection is that it was $3K). The place where I was offered the second best deal on the car purchase (a car broker) limited me to a little more (maybe as much as $5K?). I was dissapointed, but at least got a good price on the car (I paid invoice). ;-) elaine - - ------------------------------ End of persfin-digest V5 #110 ***************************** - To unsubscribe to persfin-digest, send an email to "majordomo@xmission.com" with "unsubscribe persfin-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.