Business Credit Cards With Rewards Points
can a credit card company to retain your payment?
one of my Credit Cards held at two of my recent payments. This had never been made in the two years I was careful. I've never been over the limit or past due. The company told me that they reserve the right to hold payments for any 14 days reason and that is in my contract. This only started taking place when I began making large amounts of payment. I've started a new job with a significant salary increase. So while I'm paying the card also use it for business expenses because of the reward points. Please let me know if this is legal or is the other method to keep interest income in their favor.
Double-check the fine print, you may have signed for and simply do not realize.
Peter Schiff 3/12/09 – Fox Business Closing Bell
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