Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 



AP ... I can only presume you're using a credit card issued by a fairly liberal credit union.  In my experience, all the major issuers immediately charge a transaction fee ranging from 3%-5% on any transaction coded as a cash advance.

I grasp that what you're doing works for you.  Sounds like a card to hold on to, since it certainly rates as an exception.

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[vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 

The only casinos I have found that accept credit cards for markers are in Reno. I wait the 30 days, pay with a rewards card, get another 30 days to pay my credit card off if I time it right, and the cashback reward. I have not found a casino in Las Vegas that will do this.
 
Sylvia

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Posted by: "Sylvia" <sgosline@gmail.com>
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Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 

I guess it depends on the credit card issuer. Mine does not charge transaction fees except on currency exchanges. On cash advances they charge interest form the time of the advance until it is fully paid off, therefore if you have a credit balance that exceeds the cash advance the payment would be instant and therefore no extra charges. I have done this before.
Like I said in my previous post the only way to be sure is to call your credit card issuer.

Regards
A.P.

From: "harry.porter@verizon.net [vpFREE]" <vpFREE@yahoogroups.com>
To: vpFREE@yahoogroups.com
Sent: Thursday, August 7, 2014 12:52:52 PM
Subject: Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 

A cash advance fee is a transaction fee, and not dependent upon having a balance.  Paying an account to a credit balance wouldn't avoid a subsequent cash advance fee.

So, again, the question remains how someone might make a marker payment with a credit card and avoid a cash advance fee.

I've heard from someone privately who is aware that some casinos will treat a modest repayment via credit card as a purchase transaction, as a courtesy.  However, this doesn't apply to a repayment of say $2500 or $5000.



---In vpFREE@yahoogroups.com, <ehpee@...> wrote :

Most if not all credit card companies charge for a cash advance.
Paying off a marker in most cases would be considered a cash advance. One way around this, I believe would be to put a positive balance on your credit card before making the cash advance. i.e.
If you have a zero balance on your credit card and made a payment of 5k, and then made a cash advance of 4k, if with any other charges you made stayed under 5k total, you should not get charged for the cash advance.
If you could do this and still collect reward points if you have that type of card, it would be a good move.
Of course you must also find out if your credit card issuer pays reward points on cash advances, I'm not aware of any of them that do.

One call to your credit card issuer would answer all of these questions with more authority than anyone here could give.

Regards
A.P.

From: "Hing Tan mikeam7788@... [vpFREE]" <vpFREE@yahoogroups.com>
To: "vpFREE@yahoogroups.com" <vpFREE@yahoogroups.com>
Sent: Thursday, August 7, 2014 10:59:36 AM
Subject: Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 
Interesting
One question, is there a charge for using the credit card to pay off the marker?
Some credit card has 2 % charge credit card for cash advance.

Sent from my iPad

> On Aug 6, 2014, at 5:23 PM, "bob appic bobappic@... [vpFREE]" <vpFREE@yahoogroups.com> wrote:
>
> I've used casino markers routinely at several casinos with no problem. ATMs face stiff charges (as someone noted) and often have limits on how much you can withdraw - limits too low for most $ VP players. I carry a small amount in cash, then take a marker for what I expect to need at a given casino - then I pay off the marker before I leave, using a credit card (and thus getting points or miles rather than giving bit ATM charges). If more cash is needed at the next casino on the trip, I repeat the process there. If I wind up with too much cash going home, I ask the casino for a check, and deposit it in the bank account I use for only for my bankroll - the same acct I use to pay off the credit card charges when they arrive. It works for me.
>
> Bob in San Antonio
>
> ------------------------------------
>
> ------------------------------------
>
> vpFREE Links: http://www.west-point.org/users/usma1955/20228/V/Links.htm
>
>
> ------------------------------------
>
> Yahoo Groups Links
>
>
>




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Posted by: Albert Pearson <ehpee@rogers.com>
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Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 


A cash advance fee is a transaction fee, and not dependent upon having a balance.  Paying an account to a credit balance wouldn't avoid a subsequent cash advance fee.

So, again, the question remains how someone might make a marker payment with a credit card and avoid a cash advance fee.

I've heard from someone privately who is aware that some casinos will treat a modest repayment via credit card as a purchase transaction, as a courtesy.  However, this doesn't apply to a repayment of say $2500 or $5000.



---In vpFREE@yahoogroups.com, <ehpee@...> wrote :

Most if not all credit card companies charge for a cash advance.
Paying off a marker in most cases would be considered a cash advance. One way around this, I believe would be to put a positive balance on your credit card before making the cash advance. i.e.
If you have a zero balance on your credit card and made a payment of 5k, and then made a cash advance of 4k, if with any other charges you made stayed under 5k total, you should not get charged for the cash advance.
If you could do this and still collect reward points if you have that type of card, it would be a good move.
Of course you must also find out if your credit card issuer pays reward points on cash advances, I'm not aware of any of them that do.

One call to your credit card issuer would answer all of these questions with more authority than anyone here could give.

Regards
A.P.

From: "Hing Tan mikeam7788@... [vpFREE]" <vpFREE@yahoogroups.com>
To: "vpFREE@yahoogroups.com" <vpFREE@yahoogroups.com>
Sent: Thursday, August 7, 2014 10:59:36 AM
Subject: Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 
Interesting
One question, is there a charge for using the credit card to pay off the marker?
Some credit card has 2 % charge credit card for cash advance.

Sent from my iPad

> On Aug 6, 2014, at 5:23 PM, "bob appic bobappic@... [vpFREE]" <vpFREE@yahoogroups.com> wrote:
>
> I've used casino markers routinely at several casinos with no problem. ATMs face stiff charges (as someone noted) and often have limits on how much you can withdraw - limits too low for most $ VP players. I carry a small amount in cash, then take a marker for what I expect to need at a given casino - then I pay off the marker before I leave, using a credit card (and thus getting points or miles rather than giving bit ATM charges). If more cash is needed at the next casino on the trip, I repeat the process there. If I wind up with too much cash going home, I ask the casino for a check, and deposit it in the bank account I use for only for my bankroll - the same acct I use to pay off the credit card charges when they arrive. It works for me.
>
> Bob in San Antonio
>
> ------------------------------------
>
> ------------------------------------
>
> vpFREE Links: http://www.west-point.org/users/usma1955/20228/V/Links.htm
>
>
> ------------------------------------
>
> Yahoo Groups Links
>
>
>


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Posted by: harry.porter@verizon.net
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RE: [vpFREE] Is this someone we're supposed to know?

 

Huh?

 

From: vpFREE@yahoogroups.com [mailto:vpFREE@yahoogroups.com]
Sent: Wednesday, August 06, 2014 4:46 PM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Is this someone we're supposed to know?

 

 

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Posted by: "Scot Krause" <krauseinvegas@cox.net>
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Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 

Most if not all credit card companies charge for a cash advance.
Paying off a marker in most cases would be considered a cash advance. One way around this, I believe would be to put a positive balance on your credit card before making the cash advance. i.e.
If you have a zero balance on your credit card and made a payment of 5k, and then made a cash advance of 4k, if with any other charges you made stayed under 5k total, you should not get charged for the cash advance.
If you could do this and still collect reward points if you have that type of card, it would be a good move.
Of course you must also find out if your credit card issuer pays reward points on cash advances, I'm not aware of any of them that do.

One call to your credit card issuer would answer all of these questions with more authority than anyone here could give.

Regards
A.P.

From: "Hing Tan mikeam7788@yahoo.com [vpFREE]" <vpFREE@yahoogroups.com>
To: "vpFREE@yahoogroups.com" <vpFREE@yahoogroups.com>
Sent: Thursday, August 7, 2014 10:59:36 AM
Subject: Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 
Interesting
One question, is there a charge for using the credit card to pay off the marker?
Some credit card has 2 % charge credit card for cash advance.

Sent from my iPad

> On Aug 6, 2014, at 5:23 PM, "bob appic bobappic@aol.com [vpFREE]" <vpFREE@yahoogroups.com> wrote:
>
> I've used casino markers routinely at several casinos with no problem. ATMs face stiff charges (as someone noted) and often have limits on how much you can withdraw - limits too low for most $ VP players. I carry a small amount in cash, then take a marker for what I expect to need at a given casino - then I pay off the marker before I leave, using a credit card (and thus getting points or miles rather than giving bit ATM charges). If more cash is needed at the next casino on the trip, I repeat the process there. If I wind up with too much cash going home, I ask the casino for a check, and deposit it in the bank account I use for only for my bankroll - the same acct I use to pay off the credit card charges when they arrive. It works for me.
>
> Bob in San Antonio
>
> ------------------------------------
>
> ------------------------------------
>
> vpFREE Links: http://www.west-point.org/users/usma1955/20228/V/Links.htm
>
>
> ------------------------------------
>
> Yahoo Groups Links
>
>
>


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Posted by: Albert Pearson <ehpee@rogers.com>
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[vpFREE] Coupon Trade

 

Looking for coupon number 17 for the D Las Vegas in LVA Member Rewards will trade any coupons I have left.
Contact directly at Jaycee5353@aol.com

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Posted by: jaycee5353@aol.com
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Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 

Interesting
One question, is there a charge for using the credit card to pay off the marker?
Some credit card has 2 % charge credit card for cash advance.

Sent from my iPad

> On Aug 6, 2014, at 5:23 PM, "bob appic bobappic@aol.com [vpFREE]" <vpFREE@yahoogroups.com> wrote:
>
> I've used casino markers routinely at several casinos with no problem. ATMs face stiff charges (as someone noted) and often have limits on how much you can withdraw - limits too low for most $ VP players. I carry a small amount in cash, then take a marker for what I expect to need at a given casino - then I pay off the marker before I leave, using a credit card (and thus getting points or miles rather than giving bit ATM charges). If more cash is needed at the next casino on the trip, I repeat the process there. If I wind up with too much cash going home, I ask the casino for a check, and deposit it in the bank account I use for only for my bankroll - the same acct I use to pay off the credit card charges when they arrive. It works for me.
>
> Bob in San Antonio
>
> ------------------------------------
>
> ------------------------------------
>
> vpFREE Links: http://www.west-point.org/users/usma1955/20228/V/Links.htm
>
>
> ------------------------------------
>
> Yahoo Groups Links
>
>
>

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Posted by: Hing Tan <mikeam7788@yahoo.com>
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[vpFREE] XVP -- CoachVee & Hedy's Book

 

Hi Mark:
Thanks. That's very helpful information. We've been getting a lot of inquiries about the book from people who don't have mobile devices. Appreciate your sharing this.
Regards,
CoachVee & Hedy
 
 
 
<There is a Kindle app for Windows and Mac OSX, too. You don't have to have a mobile device. They offer a free Kindle Cloud Reader, too, if you want to read it in a web browser instead.

Take Care,

Mark

Mark's Las Vegas>
 
 

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Posted by: CoachVee@aol.com
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