Automatic recurring $0.10 credit/debit card transactions
May 29, 2018, 8:45 pm
#16
Join Date: Mar 2011
Location: SAN
Programs: Delta Gold. Hilton Diamond. Hyatt Explorist.
Posts: 1,674
I also think there are banks that will shut you down if you make a bunch of $0.10 debit purchases to get a higher interest rate (or some other sort of bonus).
May 30, 2018, 10:31 am
#17
Join Date: Jul 2014
Posts: 369
Wow, this is smart. I actually make 1 cent payment to my credit card online with bank ATM debit card to earn 2% plus on Savings. The DOC has lots of banks that pay high interest with 10-12 debit transactions a month. I have never had an issue with size, either from my bank or credit card. I actually think, but not sure, that banks earn a transaction fee on debit cards vs % on credit cards. I was limited to 1 payment a day. This can allow me to poenmore accounts. Thanks. I hope this stays alive.
May 31, 2018, 8:43 am
#18
Join Date: May 2008
Posts: 198
I like the idea. But can you enhance it to make more than 1 transaction per day (at least i am not seeing it). I need to do like 10-20 .05c-.10c transaction per day. Currently i am using Google pay for it.
Edit: Didn't realize the money is going one way
.
Edit: Didn't realize the money is going one way
.