Jim Charter wrote:
> Darren New wrote:
> 
>>
>>> 'You mean I can't keep a positive balance on my credit card so as to 
>>> avoid a service charge?'
>>
>>
>> No.  It's a credit card. (At least in the USA. IANAL.)
>>
> 
> Yeah I guess.  But that's the reason?  Since it's called a credit card 
> account I can't keep a positive balance as a buffer? 

No. Because it's a credit card, it's highly regulated. I believe one of 
the regulations is that they can't hold on to more than $X for more than 
Y days without refunding it, to prevent them from (for example) having 
you dispute a charge and then having them "refund" the money without 
actually returning it to you.

Try paying an extra three months ahead on your water bill some time, and 
see if they don't send it back.

> I don't know, I assume so after reading these responses, I don't really 
> understand all the details, that's why I thought a +ve balance would 
> just be simpler.

Probably reading the rules is easier. Check for "grace period" and see 
what it says.

-- 
Darren New / San Diego, CA, USA (PST)
  Ever notice how people in a zombie movie never already know how to
  kill zombies? Ask 100 random people in America how to kill someone
  who has reanimated from the dead in a secret viral weapons lab,
  and how many do you think already know you need a head-shot?

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