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Credit card management - What are you doing?

         

toddb

3:15 pm on Aug 31, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



As my Google account has grown, my credit card limit has not kept up. We tried switching back and forth but errors are too costly and it is time consuming.

What we have now is a card that excepts online payments even though they have a positive balance and we keep 2 weeks or more in a positive balance. The limit is quite a bit below the monthly spend so the positive balance keeps us on even though a big billing comes through prior to a payment.

I just heard about invoice billing but I like the 1% cashback on my card. Just curious as to how others are managing growth etc on their cards.

ScottG13

5:56 pm on Aug 31, 2005 (gmt 0)

10+ Year Member



We've recently had problems with this, as well. I can give two suggestions:

1.) A check card from your bank. Typically, the limits can be much higher because it is a debit card, essentially.

2.) Credit terms with Google.

We've actually taken choice number two and we are waiting to hear back from Google accounting.

I suppose you could also try to get a skyhigh limit platinum credit card, as well.

gopi

7:53 pm on Aug 31, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



We use only debit cards even sometime that has problems as most have a maximum of $10k daily limit.

vanderbolt

8:52 pm on Aug 31, 2005 (gmt 0)

10+ Year Member



I have requested several increases to my CC credit limit with no problems over the past two years. The limit was getting really high and they finally refused my request for an increase six months ago. I made another request two week ago and it was also refused. So I decided to see my bank manager who was able to get me a big increase with no fuss! Try your bank manager.

toddb

1:26 am on Sep 1, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I tried the bank manager today. it is a fortune 500 bank so i was not able to get anywhere. I do like the rewards program. I would like credit as a back up plan and will contact google about setting that up.

toddb

11:58 am on Sep 1, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Figures the day I am looking into this issue for greater safety, I wake up to shut off account. Fraud prevention flagged my card and shut it down. Of course one call gets it going again but I lost a few hours and could have been worse had I not been up early.

WebFusion

12:58 pm on Sep 1, 2005 (gmt 0)

10+ Year Member



High-Limit Platinum card that earns frequent flier miles is THE way to go. We're on track to earn over 300,000 miles this year ;-)

skibum

7:21 pm on Sep 4, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Get a platinum card with a high limit or just pay more than the oustanding balance and make sure it has some kind of rewards.

Gas cards may come in handy for those in the US

WorldPoint cards have unlimited 1% cash back or flights, or gift certs, or merchandise, or cruises, whatever you want

Some of the auto mfrs have at least 3% back on all purchases you can use as credit toward service of any kind on a car.

With all the 0% interest (for a year or so) cards, if you have a high monthly churn, sometimes you can transfer up to 20k to another card, get 0% interest with no transfer fee on the transferred balance and then drop that 20k in a CD at around 4% and make money by taking a loan from the CC company. :)

toddb

3:11 am on Sep 5, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Don't you ever trigger the fraud software? This has happened with every card we have used. Once every few months we wake up to a down account because it reguired a phone call this time. I think I have resolved it but man what a pain.

appi2

4:21 am on Sep 5, 2005 (gmt 0)

10+ Year Member



Not the same but, when advertising costs are reaching scary amounts and sales are not. Pause the addwords account, they take the money from you pretty fast. It's got me from one month to the next.

skibum

7:33 am on Sep 5, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



One card got snagged for suspected fraud but fortunately this was detected before Google charges hit. I told them to always accept charges from Google, so hopefully they will even if something else triggers the fraud filter.