Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site fortune.UUCP 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