Capital One Cash Advance?

[wasCB14]

I've heard a lot of people say that Capital One rewards post when the purchase posts.

Can there sometimes be a short delay? Or does the absence of rewards mean a transaction is ineligible for rewards?

I'm concerned the transactions in red may be coding as cash advances.

[Shooting-For-800]

I would be worried about it being a business expense.  Is it?

[HeavenOhio]

I've noticed that "immediately" may actually mean something closer to "within 24 hours."  I zeroed out the rewards on two Capital One cards a couple of weeks ago, and a few cents in stray rewards posted to each card the next day.

I see the same thing this morning. About $500 in charges posted to one of my cards overnight, but the rewards haven't been bumped up yet. I'd expect them to catch up by tomorrow morning.

[simplynoir]

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@Shooting-For-800 wrote:

I would be worried about it being a business expense.  Is it?

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Why would that matter?

[wasCB14]

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@simplynoir wrote:

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@Shooting-For-800 wrote:

I would be worried about it being a business expense.  Is it?

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Why would that matter?

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Personal tax payment...though a business tax payment would code the same.

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@HeavenOhio wrote:

I've noticed that "immediately" may actually mean something closer to "within 24 hours."  I zeroed out the rewards on two Capital One cards a couple of weeks ago, and a few cents in stray rewards posted to each card the next day.

I see the same thing this morning. About $500 in charges posted to one of my cards overnight, but the rewards haven't been bumped up yet. I'd expect them to catch up by tomorrow morning.

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Glad to know short delays are possible. No change atm, but I'll check it again later today or tomorrow.

[wasCB14]

Well, the points did post, along with my bonus.

Capital One changed the posting date for the transactions from March 11 to March 10. Maybe that had something to do with it.

Alarm over.

[HeavenOhio]

My batch of rewards posted too.

[Shooting-For-800]

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@simplynoir wrote:

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@Shooting-For-800 wrote:

I would be worried about it being a business expense.  Is it?

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Why would that matter?

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Because some cc will shut down cards that are personal and used for business or business and used for personal especially when rewards are involved.

[Revelate]

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@Shooting-For-800 wrote:

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@simplynoir wrote:

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@Shooting-For-800 wrote:

I would be worried about it being a business expense.  Is it?

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Why would that matter?

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Because some cc will shut down cards that are personal and used for business or business and used for personal especially when rewards are involved.

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First one sure, Amex known for that; however, second one?

Lot of people with SP's are totally blurry anyway and I don't really think the banks care if you smoke your liability shield as any other sort of entity.  Actually, I just had a nasty cynical thought: they probably prefer it

Also things have changed a lot since that was a rampant thing to my knowledge, namely Business cards have become the next frontier for the credit card rewards offers and no longer suck for such things.

[simplynoir]

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@Shooting-For-800 wrote:

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@simplynoir wrote:

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@Shooting-For-800 wrote:

I would be worried about it being a business expense.  Is it?

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Why would that matter?

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Because some cc will shut down cards that are personal and used for business or business and used for personal especially when rewards are involved.

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That shouldn't matter at all unless you're making transactions of the MS variety. The type of charge short of being marked as a cash advance makes no difference.

Edit: @Revelate pretty much summed it up nicely. I still think it's fine to mix n match personal/buinsess use on cards but that's just me.