The credit card issuer will review your claims and decide whether this charge should be credited. Periodic rate: In simple terms, the periodic rate is your annual effective rate divided by 365 days. This is important because credit card interest rates are usually charged daily. You can also call us to request this information at 866-893-7864. Credit cards are issued by Synchrony Bank. Cash Back: Many credit cards offer bonus programs. Cashback is a reward that gives you a percentage of every dollar you spend on cash. Normally, you get options to cash out these rewards. Account statement, direct deposit or cheque in the mail.
For some credit crads, rewards only apply to purchases in a given category, such as gas or food. Deferred interest: Some credit cards offer a promotional option that allows you to buy now and pay later. In case of postponement of the purchase of interest, you will not have to pay interest as long as you pay the full debt in the scheduled period. Depending on the terms of the action, minimal monthly payments are often required. But in case of postponement of interest purchases, it does not matter how many payments you have made. If you do not pay the balance of the purchase within the prescribed time, you owe the full amount of interest deferred….