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Yahoo Answers! Credit Cards This is a RSS feed for Topics from Yahoo Answers! That pertain to the discussion of credit cards, bad credit cards and credit limits. Feel free to discuss this in the credit card discussion Forum. MEMBERS WITH THE DESIGNATION Powered by Yahoo! Answers under their names ARE BOOTS FROM YAHOO ANSWER...! NEW THREADS MUST BE STARTED ON REGULAR FORUMS, MEMBERS ARE HOWEVER ABLE TO ANSWER OR PARTICIPATE WITH CURRENT THREADS...

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Old 10-01-2007, 11:17 PM   #1 (permalink)
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Is a statement credit for a credit card only applied to a balance?

When a company offers a statement credit, does that amount appear on your card free for you to spend or is it only applied to an existing balance on the card?

In other words, do you get anything if you have no balance?
 
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Old 10-02-2007, 12:37 AM   #2 (permalink)
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I am not sure I understand the question, If you get a credit on a credit card that has no balance then at he discretion of the credit card company, they can either leave the credit on the card or simply send you a check in the amount that placed the credit card on negative.
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