Sw Visa rewards credit question

[disynut]

We are getting ready to buy a new car. Instead of just writing a check(we have the funds in our account already), we thought of using our visa to get the rewards points. Is there a minimum amount of time that the charge has to be on my account to be credited the rewards points?i dont want to have a huge amount of interest charged--id like to just pay it off tomorrow--just not sure if its worth it. thanks for any info!

 

[momtotwins]

well 2 things.

first yo have until the statement is due to pay it with no interest assuming you have a paid off credit card.

second, I dont think most car dealerships will allow that much on a card. i know mine would not even let me put my full deposit on the card

 

[Disworldluv]

We put a down payment on a new vehicle of $5000 and received the points on our cc.

 

[a1tinkfans]

Yes you can use your credit card for your deposit. Honda dealership allowed it..check with the dealership. If you happen to buy a wrap around warranty plan (and negotiate that to death by the way). You can use your cc too.
You ll then have until your due date to pay it off in full with no interest accrued. It's so easy to set that up online with chase.. Direct from your checking account to your cc bill. Your points will appear shortly. Some have asked for their due date to be moved up or back so if you need your points quickly and you have the money to pay it off, consider that before using the card to your advantage.
Such a no brainer to get lots of points with no negatives for you. Good luck n happy car hunting too

 

[disynut]

Thank you all very much. We were only able to put 2000 down with the credit card, but it is better than nothing! I was pretty sure I still got the points if I paid it off before the due date, but not positive(especially with that great of an amount)but I haven't kept up with my reward points that much, and I definitely did not want to get charged interest for any of the amount. And the deal we got at this dealership saved us over 2000 than the other places we had looked into so it still feels like a pretty good deal. I knew it was too good to be true to get 20000 worth of reward points.