Subject:
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Re: X.com... good idea, good execution?
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Newsgroups:
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lugnet.market.theory
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Date:
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Fri, 11 Feb 2000 20:33:03 GMT
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Reply-To:
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Troy Cefaratti <mnementh@nacs.net*SayNoToSpam*>
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Viewed:
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692 times
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> The thing that makes the X.COM system unlikely to change is the $1000 per
> every six month limit on credit card deposits.
Ahhh....having not signed up for X yet, I did not know about this provision.
Still, it was mentioned that they were thinking about changing it so that
they would show up as cash advances. I know on my cards atleast, cash
advances did not ocunt for any of the programs. So even though it isn't
much, the card companies might actually pressure X into this, since you
aren't actually buying a product.
Troy
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Message has 1 Reply:
 | | Re: X.com... good idea, good execution?
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| (...) Also, on most cards I've seen, there is a cash advance fee, and cash advances don't have an interest free grace period. This is my concern with x.com, and why I asked about this. If deposits are charged as a cash advance, it will cost you (...) (25 years ago, 11-Feb-00, to lugnet.market.theory)
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Message is in Reply To:
| | Re: X.com... good idea, good execution?
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| (...) I remember this too. You are right that it was AAA. The couple used AAA because AAA was the only place where you could buy traveler's checks without any transaction fee. The thing that makes the X.COM system unlikely to change is the $1000 per (...) (25 years ago, 11-Feb-00, to lugnet.market.theory)
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