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SwitchARoux t1_jbokd5b wrote

It's possible. I used a cc to pay for a cruise that was eventually refunded because of COVID. By that time I had paid off the card completely, so I just had a -$1300 balance (basically a credit to spend).


cyanclam t1_jboosbf wrote

While paying 18.9% interest back to you, right?


theknyte t1_jbr2mj8 wrote

>While paying 18.9% interest back to you, right?

Damn, that should be a law! Like how when you put power back into the grid via solar or such, and the power company has to pay you at the same rate they charge you for it.

If your Credit Card is in negative balance, then the credit card company should legally have to pay the same interest they charge on it.

Edit: After further reflection, they'd just probably cut you a check the second your account hits negative. Wishful thinking though.


Bdubs737 t1_jbr8q1i wrote

Thats a great idea. You know the govt would never let that hapoen cause of how much money their lobby gives them.