Comments on: How to properly use a credit card and save money! http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/ Blogger, Entrepreneur and Public Speaker on all things web Fri, 03 Feb 2012 14:00:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Vodacom launches Credit Card for Christmas - Tech Start News http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/comment-page-1/#comment-40887 Vodacom launches Credit Card for Christmas - Tech Start News Sun, 17 May 2009 17:16:50 +0000 http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/#comment-40887 [...] How to properly use a credit card and save money! [...] [...] How to properly use a credit card and save money! [...]

]]> By: Thomas http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/comment-page-1/#comment-32958 Thomas Wed, 07 Jan 2009 09:50:44 +0000 http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/#comment-32958 I read a complaint on Hellopeter webste: A Standard Bank Customer applied for a bond with Standard Bank, and his application as a first time buyer was Unsuccessful/ declined. They however offered him a Credit Card. This is the part that he found strange :( and so do I - why would he qualify for a CC and not for a bond. Surely it is in the bank's best interest to rather finance a property - reel in interest over a period of plus minus 20 years - as suppose to issuing a short term credit card. My thoughts are this: if the client's bond application was declined due to a judgment or due to a payment default, why issue him with a credit card? Chances are that if he plans to buy immovable property ( house/flat) he is likely to become a regular payer if given the chance to prove himself. Most people that were defaulters, tend to become regular payers when they invest in property. They themselves are then aware of the investment and value of their property that will grow over time. The banks are sitting with re-possessed properties/ houses that are targeted by vandalism, yet they still decline the first-time buyers bond applications. Any thoughts on this? Come on guys - share your thoughts - Lets support the payment defaulters in their quest for bond/ property/ vehicle finance. I think the banks and the national credit act are much too strict, and this is crippling the economy - not noticeably,but it is surely adding to the poor economy. Many people staying in shacks are earning a good livable income, but they do not qualify due to some R500 the did not pay on time somewhere, somehow. It is nowadays much too easy for companies to list individuals with the Credit Bureau, and it sometimes costs more to have your name removed from the ITC listing, than the amount that you are listed for. I think the National Credit Act should stipulate and benchmark an amount that would regulate the listings- For example- A company can only list you with ITC, if you default on an amount above R5000.00. Your response on this will be highly appreciated - Lets learn together how we can make the financial institutions happy, and how they can make us extremely happy in return. I read a complaint on Hellopeter webste: A Standard Bank Customer applied for a bond with Standard Bank, and his application as a first time buyer was Unsuccessful/ declined. They however offered him a Credit Card. This is the part that he found strange :( and so do I – why would he qualify for a CC and not for a bond. Surely it is in the bank’s best interest to rather finance a property – reel in interest over a period of plus minus 20 years – as suppose to issuing a short term credit card. My thoughts are this: if the client’s bond application was declined due to a judgment or due to a payment default, why issue him with a credit card? Chances are that if he plans to buy immovable property ( house/flat) he is likely to become a regular payer if given the chance to prove himself. Most people that were defaulters, tend to become regular payers when they invest in property. They themselves are then aware of the investment and value of their property that will grow over time. The banks are sitting with re-possessed properties/ houses that are targeted by vandalism, yet they still decline the first-time buyers bond applications. Any thoughts on this? Come on guys – share your thoughts – Lets support the payment defaulters in their quest for bond/ property/ vehicle finance. I think the banks and the national credit act are much too strict, and this is crippling the economy – not noticeably,but it is surely adding to the poor economy. Many people staying in shacks are earning a good livable income, but they do not qualify due to some R500 the did not pay on time somewhere, somehow. It is nowadays much too easy for companies to list individuals with the Credit Bureau, and it sometimes costs more to have your name removed from the ITC listing, than the amount that you are listed for. I think the National Credit Act should stipulate and benchmark an amount that would regulate the listings- For example- A company can only list you with ITC, if you default on an amount above R5000.00. Your response on this will be highly appreciated – Lets learn together how we can make the financial institutions happy, and how they can make us extremely happy in return.

]]> By: Thomas http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/comment-page-1/#comment-32745 Thomas Wed, 31 Dec 2008 08:37:23 +0000 http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/#comment-32745 I think this info is good for those that are misinformed. I however experienced that credit cards such as Jet/ Edgars, (to name but a few)are being managed by their own financial companies,and not by Standard Bank as initially thought. Your payments are gladly excepted by Standard Bank, but if and when you encounter a problem, Standard Bank simply refers you to those companies ( Read HelloPeter Website) This is unfortunate, as customers are being given the run around. I still agree that a credit card, when properly managed, can be a great plus - but my worry is the important after sales customer service. I think this info is good for those that are misinformed. I however experienced that credit cards such as Jet/ Edgars, (to name but a few)are being managed by their own financial companies,and not by Standard Bank as initially thought. Your payments are gladly excepted by Standard Bank, but if and when you encounter a problem, Standard Bank simply refers you to those companies ( Read HelloPeter Website) This is unfortunate, as customers are being given the run around. I still agree that a credit card, when properly managed, can be a great plus – but my worry is the important after sales customer service.

]]> By: Teelmircare http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/comment-page-1/#comment-31990 Teelmircare Fri, 19 Dec 2008 04:50:39 +0000 http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/#comment-31990 Hello As a fresh www.jasonbagley.com user i only wanted to say hi to everyone else who uses this bbs :-) Hello

As a fresh http://www.jasonbagley.com user i only wanted to say hi to everyone else who uses this bbs :-)

]]> By: tookecrycle http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/comment-page-1/#comment-26756 tookecrycle Thu, 23 Oct 2008 15:52:09 +0000 http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/#comment-26756 There was this guy see. He wasn't very bright and he reached his adult life without ever having learned "the facts". Somehow, it gets to be his wedding day. While he is walking down the isle, his father tugs his sleeve and says, "Son, when you get to the hotel room...Call me" Hours later he gets to the hotel room with his beautiful blushing bride and he calls his father, "Dad, we are the hotel, what do I do?" "O.K. Son, listen up, take off your clothes and get in the bed, then she should take off her clothes and get in the bed, if not help her. Then either way, ah, call me" A few moments later... "Dad we took off our clothes and we are in the bed, what do I do?" O.K. Son, listen up. Move real close to her and she should move real close to you, and then... Ah, call me." A few moments later... "DAD! WE TOOK OFF OUR CLOTHES, GOT IN THE BED AND MOVED REAL CLOSE, WHAT DO I DO???" "O.K. Son, Listen up, this is the most important part. Stick the long part of your body into the place where she goes to the bathroom." A few moments later... "Dad, I've got my foot in the toilet, what do I do?" There was this guy see.
He wasn’t very bright and he reached his adult life without ever having learned “the facts”.
Somehow, it gets to be his wedding day.
While he is walking down the isle, his father tugs his sleeve and says,

“Son, when you get to the hotel room…Call me”

Hours later he gets to the hotel room with his beautiful blushing bride and he calls his father,

“Dad, we are the hotel, what do I do?”

“O.K. Son, listen up, take off your clothes and get in the bed, then she should take off her clothes and get in the bed, if not help her. Then either way, ah, call me”

A few moments later…

“Dad we took off our clothes and we are in the bed, what do I do?”

O.K. Son, listen up. Move real close to her and she should move real close to you, and then… Ah, call me.”

A few moments later…

“DAD! WE TOOK OFF OUR CLOTHES, GOT IN THE BED AND MOVED REAL CLOSE, WHAT DO I DO???”

“O.K. Son, Listen up, this is the most important part. Stick the long part of your body into the place where she goes to the bathroom.”

A few moments later…

“Dad, I’ve got my foot in the toilet, what do I do?”

]]> By: gregory http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/comment-page-1/#comment-24872 gregory Wed, 01 Oct 2008 16:16:09 +0000 http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/#comment-24872 hi i was wondering what interest could be made if i had a positive balance of R30000 in my standard bank credit card. i notice that they charge a monthly interest rate on debt on my credit card, my question is would i earn interest on a positive balance on my credit card? hi

i was wondering what interest could be made if i had a positive balance of R30000 in my standard bank credit card. i notice that they charge a monthly interest rate on debt on my credit card, my question is would i earn interest on a positive balance on my credit card?

]]> By: Nike+ | JasonBagley.com http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/comment-page-1/#comment-12056 Nike+ | JasonBagley.com Mon, 25 Feb 2008 19:11:20 +0000 http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/#comment-12056 [...] past weekend I splashed the cash (in my case, plastic) on a pair of Nike Structure Triax running shoes, a Nike+ iPod kit and Nike iPod armband. [...] [...] past weekend I splashed the cash (in my case, plastic) on a pair of Nike Structure Triax running shoes, a Nike+ iPod kit and Nike iPod armband. [...]

]]> By: Agus Darmawan http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/comment-page-1/#comment-8095 Agus Darmawan Wed, 14 Nov 2007 00:53:33 +0000 http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/#comment-8095 Hi I never understand about the 55 days free thing, can someone explain to me please. So if i buy this pair of shoes at the 1st of January for about $100, I only need to pay it back on about near the end of March right? Say between that period at about 25 January I bought a bag for $100. Then on Febuary the sent me a credit card statement owing $200 total due on March, so how much should I pay? The whole balance? or i can just pay off my shoes first and wait about 20 more days to pay off the bag? Iam confused about this can any of you please explain to me, it will be a great help! Hi I never understand about the 55 days free thing, can someone explain to me please.

So if i buy this pair of shoes at the 1st of January for about $100, I only need to pay it back on about near the end of March right?

Say between that period at about 25 January I bought a bag for $100. Then on Febuary the sent me a credit card statement owing $200 total due on March, so how much should I pay? The whole balance? or i can just pay off my shoes first and wait about 20 more days to pay off the bag?

Iam confused about this can any of you please explain to me, it will be a great help!

]]> By: David Freitas http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/comment-page-1/#comment-6276 David Freitas Thu, 27 Sep 2007 20:32:03 +0000 http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/#comment-6276 Oh would you look at that: Edgars has a free credit card too since 2004/5! That's great! Having two cards is the best way to save money! Edgars/Jet Master Credit Card provided by Standard Bank: http://www.edgarsmastercard.co.za Oh would you look at that:

Edgars has a free credit card too since 2004/5!

That’s great! Having two cards is the best way to save money!
Edgars/Jet Master Credit Card provided by Standard Bank:

http://www.edgarsmastercard.co.za

]]> By: David Freitas http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/comment-page-1/#comment-5996 David Freitas Fri, 21 Sep 2007 14:39:10 +0000 http://www.jasonbagley.com/2006/11/23/how-to-properly-use-a-credit-card-and-save-money/#comment-5996 How to pay a virgin money credit card on Standard Bank internet banking: In order to load the beneficiary details, please follow the guidelines provided below: * Log onto Internet Banking with your Card number, CSP and Password * Click on Payments * Select Beneficiaries from the sub menu * Click on Add New Company Beneficiary - Enter your one-time password * Type the first letter of the name of the company you are trying to add, e.g. 'Absa' for 'Absa Credit Card Division' * Click on 'Search' to find the company that you would like to add * The 'Beneficiary reference' field is usually the reference that the company being paid has issued to you, e.g. Credit Card number * Enter a narrative in the 'My reference' field * Click on 'Continue', confirm the details and click on 'Confirm' How to pay a virgin money credit card on Standard Bank internet banking:

In order to load the beneficiary details, please follow the guidelines provided below:

* Log onto Internet Banking with your Card number, CSP and Password
* Click on Payments
* Select Beneficiaries from the sub menu
* Click on Add New Company Beneficiary

- Enter your one-time password

* Type the first letter of the name of the company you are trying to add, e.g. ‘Absa’ for ‘Absa Credit Card Division’
* Click on ‘Search’ to find the company that you would like to add
* The ‘Beneficiary reference’ field is usually the reference that the company being paid has issued to you, e.g. Credit Card number
* Enter a narrative in the ‘My reference’ field
* Click on ‘Continue’, confirm the details and click on ‘Confirm’

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