Credit Card question..

[tammymacb]

I think I know the answer, but I want to check with the experts.

On June 5th final payment is due for my 9 night trip to Sandals, St Lucia. I have enough cash saved to pay for the trip. I'd planned on charging it on my CapitalOne card to earn air miles and then paying CapitalOne in full so that I wouldn't pay interest. Since it's an international trip, I definatly want to pay on Visa/Mastercard and then pay it off.

Well, today I took out my CapitalOne card ( I don't carry it ) and it expired...TODAY! So, I called CapitalOne and they told me that I should have gotten a new card last August. I probably shredded it on accident. I know there have been no funny charges, but I don't have it. They told me they'd send me a new card in 5 business days. The problem is that it will arrive after my final payment is due.

Well, I have another card. Disney Visa. I also don't carry that card. I used a promo check from that card to buy my DVC. And it has 2.99% interest for the life of the loan. So, I used the check, put the card up and have been paying back the card monthly. I'll have DVC paid off in about 3 years on my own instead of 10 years through Disney.

Before the new credit card changes, I knew not to use the Disney Visa for any other purchases. I knew that the higher interest charges would be put behind my 2.99% until the low interest rate was paid off, basically racking up interest money for Chase. But now, ( if I understand it correctly ) I could use the Disney Visa to pay for my trip, and then pay my usual payment PLUS the money I'd be sending to pay off the trip. And the additional monies after the minimum payment amount would go towards paying off the higher interest debt.

Am I right?

Lets say if the minimum payment is $120 and I send my usual $350 PLUS $2700 then the $120 will go towards the low interest and the rest of the payment will pay off the trip?

Anybody know for sure?

 

[TheRatPack]

Couldn't you just use the Capital One card and give them the new expiration date when you give them your card number? The card number usually doesn't change...only the expiration date. Then again....you'd have to figure out the new expiration date if the customer service rep doesn't give that kind of information.

I have no idea about the Disney card question...sorry.

 

[SandrA9810]

if it expires 5/10 it's still good till midnight tonight. Unless the office is closed today, why can't you call and make the final payment?

just cause your card expires, doesn't mean you can't carry a balance on the account. Your new card will have the same account number, just a new exp date and possibly a new 3 digit pin code on the back.

99.9999% they won't give you the new expiration date. I have gotten it from MBNA once, during a similar situation. I knew the entire card number and pin code, just couldn't remember the expiration date. And i needed it to pay for something over the phone.

 

[dawnball]

Anybody know for sure?

Use the Capital One card. Bump the expiration date out exactly one year (so 5/11). If you need a CCV code, use the one on your card in hand.

9 times out of 10 that will pass all verification steps for a card not present merchant account.

 

[tammymacb]

I paid off my vacation last night with Citibank. So, more airmiles for me!

I'll transfer the money and pay off the card for the next statement.