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re: Using Square to pay off non-CC accepting debts, earning rewards, etc.

Posted on 1/20/13 at 6:26 pm to
Posted by Teddy Ruxpin
Member since Oct 2006
39611 posts
Posted on 1/20/13 at 6:26 pm to
Ya, i called it square account to keep the variables separate for discussion purposes, but it does seem at present, outside of having an introductory period that allows you to carry balance, any benefit must be realized within the month youre using it, and at that point there is little benefit for the trouble.

If that rate geta closer/under 2% i believe the math works out as a benefit if you get 2X rewards. Hopefully that day comes soon.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 1/23/13 at 4:05 pm to
quote:

outside of having an introductory period that allows you to carry balance, any benefit must be realized within the month youre using it, and at that point there is little benefit for the trouble.


Right. You need a card with an extended introductory period to make this work.
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