What does it mean when my credit card bill says the minimum due amount is 0? Does it mean I don't have to pay this month’s bill?
If it says zero payment do then you don’t need to make a payment. Question is do you have a balance.If you have no balance this is likely because you had activity and paid it off before the bill, but of course you owe nothing so no minimum payment.If you have a balance this could be because you either signed up for, or purchased items under some promotion in which you get a period of time without needing to make payments. Normally these will be billed a 0% interest for 6 months or something along those lines.The trap here is that you are actually building interest and if you read the fine print, if you don’t pay the amount off in full within the 6 month period you then get all the interest tacked onto your card (6 months or whatever time of interest). So the worst thing you can do is make no payments till your bill says you need to.The proper way to use these kinds of promotions it to split the amount you charged over the time period and then make those payments so you get to zero balance and avoid the interest charges. If you cannot do that then pay what you can to get the principle down, but you need to be making payments if you have a balance or you are just building interest up.Depending on where you live in the world there may be laws as well. The US changed a lot of credit card laws a few years back, and even with these promotions they cannot send you a zero due bill, the will tend to send you a bill for a minimum amount, $25, which may or may not be too helpful depending on your balance.
How do you return a gift card to get a refund?
You might not be able to.Years ago, my parents and I would buy food specific gift cards at a grocery store for one of my brothers, because cash would just go to pay for drugs and alcohol. The cards were not refundable for cash and could not be used for alcohol or tobacco products. I guess it depends on your card.
How to get cash from a Visa gift card? Is this possible?
You can’t get cash from a Visa Gift Card through normal methods, but there is a way to do it by returning items. You use the gift card as a debit card to purchase something or about equal price to the gift card balance, and then return the item for cash back. There’s a full guide on this here: https://beer-money.org/convert-a...
How can you get cash back from a Walmart gift card?
Only a salaried member of management has the override capability to cash out a gift card. The only times I've seen this used is when a card is left behind with a low balance , they'll cash it out to drop it in the CHAD dinosaur. I've seen them use it for customers in extreme cases where the card was issued in error on the cashier’s part. “"I decided against buying it” is not considered an “errror”.
My check says non negotiable, what does that mean?
When someone says a check is non-negotiable, it means, in a nutshell, it can’t be used as money. It can’t be deposited or cashed, etc. From time to time a teller may hand a seemingly good check back to you if you try to cash it and tell you that it too is non-negotiable. In those circumstances, there are a number of reasons why this could be. The most common is that the person writing the check didn’t pay attention to how much was in their account and together the funds in the their account and their available overdraft won’t cover the amount on your check. Another reason might be that there was a stop payment put on your check. Perhaps the most uncommon still is that someone writes a bad check, either accidentally or non-accidentally on an account that’s been closed. A teller may also refuse to negotiate a check that appears to be fraudulent or tampered with, but these instances are rare.In the instance of seemingly good checks from legitimate sources that can’t be negotiated, you should take the check back to the person who wrote it and ask them why, since banks are not allowed to give you any personal information on the customer’s account.
I want to convert around $6,000 worth of gift cards into cash by buying something and returning it to Best Buy. How can I do that?
This is the case when crime does not pay, does it? Yes, it means I do not believe that you have received $6k worth of gift cards when you could have spoken out and asked for cash instead.The retailers know that some customers just want cash, and that customers with thousands of dollars on gift cards could be perpetuating fraud, so the solution is simple - refunds are done in the original method of payment.If you pretend to have lost the receipt, well, the solution is to give you store credit - so now you will have $6k (or the latest prevailing sale/lower price) for that store.You can sell your wares online - be sure that you will have a lot of competition - and you will not receive 100% of your purchase price, so you might as well sell those cards (at a loss) and have the remaining balance. Depending on which cards you have, their value will fluctuate in terms of loss - some cards sell at 80% of their value (best deal) and some can lose as much as 50% (if they are from an undesirable store that not many people want to go to).
How someone can be rich before 30?
Assuming that you are starting in your early 20’s, then you have enough time to become wealthy and even retire before you reach 30.It’s entirely up to you. You could retire one year from today, three years from today or 10 years from today.The critical factor for you to be able to achieve wealth and early retirement is:Your savings rate in relation to your income.Yes, your savings rate. Your income doesn’t matter. What matters is the percentage of your income that you are able to save and invest.As soon as you start saving and investing your money, it starts earning money by itself. When the income generated by your investments is enough to pay for your living expenses while keeping up with inflation, then you are ready to retire.The higher your savings’ percentage is in relation to your income, the quicker you can reach the so-desired early retirement dream.You can be earning $30,000 a year, $100,000 a year, or more than a $1 million a year but you will never know when you will be able to retire until you are able to understand your spending.Take a look at the graph below. In this example, a person who saves and invests 70% of its income and lives on the remaining 30% can retire in less than nine years.Visit this website to play with different savings rates to understand how long it will take you to reach wealth and early retirement.Hope that helps!
What does DDA deposit stand for in my online banking?
Quick Search Engine (Google) Result: What is the difference between a checking account, a demand deposit account, and a NOW (negotiable order of withdrawal) account?