11-29-2012 09:34 PM
Silly question, but how does this work? Will I have to enter a pin or will it be like a normal transaction where I just sign but don't need a pin? Also, is the 120 max per day, or per billing cycle?? Thanks.
No pin required, you just hit the "yes" button when it asks if you want cash back, then sign as usual. The 120 max per day is up to your cash limit I do believe.
that's similar to sam's club cc - hit yes for cash back, then choose the amount.
it counts as a purchase rather than a cash advance
11-29-2012 09:37 PM
remember this usually counts as a cash advance and can start charging interest from day 1 with a few cards just make sure before you do it if you care.
In the card member agreement it says this is a benefit and does not count as a cash advance .... I have never had to pay interest on my cash back on my discover.
12-01-2012 01:21 PM
Interesting ... Do you earn cash back rewards on that?
Thanks for the info!
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO