topic Re: So, I made a Boo Boo in Credit Cards

So, I made a Boo Boo

Remedios — Thu, 03 Oct 2019 00:10:27 GMT

I sent money to a family member (one I dont even like) using Western Union
After weeks of non sleeping, I grabbed a debit card and paid.
Except it wasn't a debit card 😐
Apparently I used Freedom (stupid blue cards)

Anyway, card had $0.00 balance, I'm aware it's a subject to $10.00 fee (because the amount), cash advance apr and quite possibly FTF.
That's all fine, I thought I had cash advance removed from it, obviously not...(it is now)

If course I will pay that stupid charge the moment it posts, so my question is, how long should I not use it after it's paid
Card itself is still in 0% promo

I'm not itching to use it, still in a process of buying 🧦 bank love, but in addition to feeling stupid, I'd rather pay interest to Credit One than Chase. We're frenemies

Before anyone asks why I had debit card with me..I have no clue . It wasn't and now it is.
I'll blame that on lack of sleep, too.

🤷‍♀️

Re: So, I made a Boo Boo

Remedios — Thu, 03 Oct 2019 00:11:15 GMT

I'm also aware I'm in running for Darwin's Credit Award...😒

Re: So, I made a Boo Boo

tcbofade — Thu, 03 Oct 2019 00:25:38 GMT

These things happen. I'm glad that you have the ABILITY to pay it the moment that it posts. No harm, no foul.

You're having a rough week.

Time for some sleep?

EDIT: I wouldn't use it until after you've paid the balance and the next statement cuts... but that's just me.

Re: So, I made a Boo Boo

kilroy8 — Thu, 03 Oct 2019 00:24:16 GMT

That's a puzzle. It's going to post with a balance, even if you pay off, because interest. I would call them and see how to get grace period back. I'm pretty sure a statement has to post zero balance to get it back.

Re: So, I made a Boo Boo

odd_dog — Thu, 03 Oct 2019 00:31:57 GMT

So sorry.....but I bought a corvette by accident, go figure, it happens to the best of us......going to sleep now......

Re: So, I made a Boo Boo

K-in-Boston — Thu, 03 Oct 2019 00:49:29 GMT

Hmmm this is tricky. You don't really have a lost grace period on new purchases because new purchases are in a 0% APR promotional period. (I mean you can lose your grace period if the card is not paid in full after the next statement's due date, but even then it would be subject to your purchase APR of 0.00%) The only interest you're going to accrue is between the charge posting and that balance being paid. There might be some tiny trailing interest of just pennies on your next statement if you pay it as soon as it posts, but anything above your minimum payment has to be applied by law to the balance with the highest APR, so as long as you pay minimum + any interest or remaining cash advance balance, you're fine to use the card for new Chase Pay, PayPal, and whatever the other one is this quarter.

Re: So, I made a Boo Boo

Remedios — Thu, 03 Oct 2019 01:06:18 GMT

Thanks

Kids broke it down for me and explained that I actually took Freedom out of safe thinking it was debit card, so whatever me.

Money wise, non issue, it was only a $100.00 transfer, lesson learned etc

Feeling this stupid...I cannot put a price on that

Next time someone asks why I dont Amex, I'll just send them link to this thread.

Re: So, I made a Boo Boo

K-in-Boston — Thu, 03 Oct 2019 01:10:25 GMT

Amex would have either coded it as business services and not cared or given you FR and axed your Welcome Offer.

Re: So, I made a Boo Boo

Anonymous — Thu, 03 Oct 2019 01:11:08 GMT

@Remedios wrote:

Feeling this stupid...I cannot put a price on that

After reading this thread, by chance I checked my Chase accounts, and found that I had, for some reason, used my $5.50 of Chase Amazon rewards as statement credit rather than doing ACH (as I have every other time). Not a really expensive mistake, but that stupid feeling...

Re: So, I made a Boo Boo

SoCalifornia — Thu, 03 Oct 2019 01:13:30 GMT

@Remedios wrote:
Apparently I used Freedom (stupid blue cards)

Before anyone asks why I had debit card with me..I have no clue . It wasn't and now it is.
I'll blame that on lack of sleep, too.

🤷‍♀️

First of all, I have nothing helpful to add that hasn't been said.

But, I'm just glad you swapped the blame to sleep.

How dare you blame blue cards.

Re: So, I made a Boo Boo

simplynoir — Thu, 03 Oct 2019 01:17:12 GMT

@K-in-Boston wrote:
Amex would have either coded it as business services and not cared or given you FR and axed ~~your Welcome Offer~~ accounts.

This is my fear with AMEX especially on biz cards 😐

Re: So, I made a Boo Boo

Remedios — Thu, 03 Oct 2019 01:27:44 GMT

I wonder who this will affect my scores? EQ will probably go up by 100

jk....

Only VS is affected by cash advances 😐

Kiddin' again because if I dont, I'll cry

"Never paid a penny to Chase" was going to be my epitaph

Now I cant even use it as a senior quote.

Re: So, I made a Boo Boo

Anonymous — Thu, 03 Oct 2019 02:45:33 GMT

Hmm... I thought this was going to be worse than it is so I'm glad it wasn't a bigger boo boo.

I hate paying anyone interest though so I know how you feel. I am paying for a cash advance on my NFCU Plat right now and that $6 I have paid in interest so far is killing me. 😫

As K pointed out, it's not really a big deal because of intro purchase APR so no need to go read the terms to find out how to get your grace period back.

Re: So, I made a Boo Boo

Remedios — Thu, 03 Oct 2019 03:10:59 GMT

Thanks, Saeren.
I'm just irked at how it happened, not so much that it happened, if that makes sense.
I've only used Freedom once in the past 4 months lol

Re: So, I made a Boo Boo

Anonymous — Thu, 03 Oct 2019 03:19:46 GMT

Yep I get it. I made my own boo boos, hence the cash advance.

It's kind of annoying that cash advances can be done without a PIN just because the issuer decides to code it as one.

Re: So, I made a Boo Boo

JR_TX — Thu, 03 Oct 2019 03:33:11 GMT

@Remedios wrote:
I sent money to a family member (one I dont even like) using Western Union
After weeks of non sleeping, I grabbed a debit card and paid.
Except it wasn't a debit card 😐
Apparently I used Freedom (stupid blue cards)

Anyway, card had $0.00 balance, I'm aware it's a subject to $10.00 fee (because the amount), cash advance apr and quite possibly FTF.
That's all fine, I thought I had cash advance removed from it, obviously not...(it is now)

If course I will pay that stupid charge the moment it posts, so my question is, how long should I not use it after it's paid
Card itself is still in 0% promo

I'm not itching to use it, still in a process of buying 🧦 bank love, but in addition to feeling stupid, I'd rather pay interest to Credit One than Chase. We're frenemies

Before anyone asks why I had debit card with me..I have no clue . It wasn't and now it is.
I'll blame that on lack of sleep, too.

🤷‍♀️

Well I guess now would be a good time to put that NyQuil siggy of yours to good use then? 🤪

Re: So, I made a Boo Boo

Remedios — Thu, 03 Oct 2019 03:42:47 GMT

@JR_TX wrote:
@Remedios wrote:
I sent money to a family member (one I dont even like) using Western Union
After weeks of non sleeping, I grabbed a debit card and paid.
Except it wasn't a debit card 😐
Apparently I used Freedom (stupid blue cards)

Anyway, card had $0.00 balance, I'm aware it's a subject to $10.00 fee (because the amount), cash advance apr and quite possibly FTF.
That's all fine, I thought I had cash advance removed from it, obviously not...(it is now)

If course I will pay that stupid charge the moment it posts, so my question is, how long should I not use it after it's paid
Card itself is still in 0% promo

I'm not itching to use it, still in a process of buying 🧦 bank love, but in addition to feeling stupid, I'd rather pay interest to Credit One than Chase. We're frenemies

Before anyone asks why I had debit card with me..I have no clue . It wasn't and now it is.
I'll blame that on lack of sleep, too.

🤷‍♀️

Well I guess now would be a good time to put that NyQuil siggy of yours to good use then? 🤪

Oh, that's definitely going to be another cash advance 😂

Re: So, I made a Boo Boo

coldfusion — Thu, 03 Oct 2019 04:09:56 GMT

Yeah, that was dumb.

I've done dumb things too so I have no qualms about telling you it was dumb.

Re: So, I made a Boo Boo

Remedios — Thu, 03 Oct 2019 04:20:45 GMT

@coldfusion wrote:
Yeah, that was dumb.

I've done dumb things too so I have no qualms about telling you it was dumb.

I cant handle the truth, CF

Re: So, I made a Boo Boo

Anonymous — Thu, 03 Oct 2019 06:54:16 GMT

‘"Never paid a penny to Chase" was going to be my epitaph
Now I cant even use it as a senior quote. ‘

You can always ask for EE on your boo-boo and qualify for that epitaph....😉