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Path: utzoo!watmath!clyde!burl!ulysses!mhuxl!houxm!ihnp4!fortune!marco
From: marco@fortune.UUCP
Newsgroups: net.consumers
Subject: Re: Free? Visa Card Offer - (nf)
Message-ID: <3986@fortune.UUCP>
Date: Fri, 10-Aug-84 23:03:10 EDT
Article-I.D.: fortune.3986
Posted: Fri Aug 10 23:03:10 1984
Date-Received: Sat, 11-Aug-84 03:02:35 EDT
Sender: notes@fortune.UUCP
Organization: Fortune Systems, Redwood City, CA
Lines: 19

#R:wdl1:3400003:fortune:39400012:000:760
fortune!marco    Aug 10 17:24:00 1984

 
Execu-Charge has a definite advantage if you charge a lot on a regular basis.
That is you get a 1% rebate on anything you charge, 
regardless if you pay Execu-Charge now or later.
If you charge $1000 a month you get $10 credit. If you pay 
at once you pay no interest, net gain $10 per month. The break even point 
is probably charging less than $100/mo. You get $1 back and pay $.20 for a stamp
and $0.15 for a check to pay the bill so as not to pay the 22% interest they
now charge.
If you travel on business a lot charge everything on your card,
file your expense reports promptly (Ha!) and collect your due.
Then pay the bill (which usually takes about as long to come through as
your expense reports be paid) before it accrues interest.

         Marco