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Author: questionthefool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35400  
Subject: Re: I Bond Issue Date Date: 11/1/2001 4:04 PM
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Littlechap has a point. One has to be very careful playing with fire, the credit card system. The credit card issuer knows a percentage of people will pay some interest on these purchases and count on that money.

I am not investing the float money. It is in money market account earning 3%. This interest is just some lunch money, that is all.
To maximize my cash back from Discover, I nagged Discover to increase my credit limit a lot. They did not give me all I wanted but more than doubled my then existing limit. No complaints, rather greatful that they did that in time ( with 4 days to spare before the end of the month). I can only declare a minor 'victory' once I pay the credit card bill in full, which I have every intention of doing.
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