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Old 04-24-2008, 07:12 AM   #17
sreigle
Montana Master
 
Join Date: Nov 2002
Location: Oceanside
Posts: 20,028
M.O.C. #20
Alan, one small thing that might work in your favor in your discussion with Kathy. First, our credit cards are paid in full each month. In our case, I have it set up with the credit card companies to automatically draft the entire balance from our checking account on the payment due date. I was able to set that up online.

Second, our checking account pays interest. Very small percentage, but a few dollars nonetheless. By using the credit cards and paying in full each month, we do not pay interest on the credit card balances and that money sat in the checking account the entire month, drawing interest.

If your bank has an option to sweep funds into and out of money market, that might make you some more interest. I'm going to check into that on our account.
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