best use of $0.13?

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Topic Author
peterwantstosave
Posts: 308
Joined: Fri Nov 24, 2017 8:28 pm

best use of $0.13?

Post by peterwantstosave » Mon Apr 27, 2020 3:34 pm

Friends,

I overpaid my personal line of credit by $0.13.

Because of the miniscule amount, all I can do is spend it.

Is it possible for me to spend or donate $0.13 (and no more) at a good place online?

Peter

Jack FFR1846
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Re: best use of $0.13?

Post by Jack FFR1846 » Mon Apr 27, 2020 3:41 pm

Add to your Amazon balance. I do this all the time.
Bogle: Smart Beta is stupid

Topic Author
peterwantstosave
Posts: 308
Joined: Fri Nov 24, 2017 8:28 pm

Re: best use of $0.13?

Post by peterwantstosave » Mon Apr 27, 2020 3:59 pm

Thanks. Done. Minimum was $0.50, but hopefully I'll be able to payoff @ $0.37. Appreciate the help.

Peter

FishTaco
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Re: best use of $0.13?

Post by FishTaco » Mon Apr 27, 2020 5:46 pm

peterwantstosave wrote:
Mon Apr 27, 2020 3:59 pm
Thanks. Done. Minimum was $0.50, but hopefully I'll be able to payoff @ $0.37. Appreciate the help.

Peter
Lol. If you let the statement close, some CC will just zero your account out. That's almost 300% profit!!

MadHungarian
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Re: best use of $0.13?

Post by MadHungarian » Mon Apr 27, 2020 7:28 pm

On that subject, I just closed an old Bank of America account, and they said they were going to send me a cashier's check for $0.00. Apparently their computer system required it. I'm not sure what i'm going to do with that check...

Maybe i'll endorse it over to the IRS and mail it in as a payment toward my 2020 taxes.

Jack FFR1846
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Location: 26 miles, 385 yards west of Copley Square

Re: best use of $0.13?

Post by Jack FFR1846 » Mon Apr 27, 2020 7:40 pm

MadHungarian wrote:
Mon Apr 27, 2020 7:28 pm
On that subject, I just closed an old Bank of America account, and they said they were going to send me a cashier's check for $0.00. Apparently their computer system required it. I'm not sure what i'm going to do with that check...

Maybe i'll endorse it over to the IRS and mail it in as a payment toward my 2020 taxes.
Endorse it "Payable to Bank of America" and send it to them. They'll be so confused. (picture Darth Vader being confused)
Bogle: Smart Beta is stupid

workingovertime
Posts: 260
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Re: best use of $0.13?

Post by workingovertime » Mon Apr 27, 2020 8:06 pm

Please send to my Venmo, CashApp, Zelle, or Paypal....

In all seriousness, why don't you just buy something you would have bought anyways with that credit card and it'll just offset it? Maybe it's a specific store card?

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Stinky
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Re: best use of $0.13?

Post by Stinky » Mon Apr 27, 2020 10:47 pm

Just let it sit and see what happens.

We had a brokerage account in the late 1990s that got left with a balance of $0.56. We still get a statement in the first class mail, every quarter, showing that unchanging $0.56 balance.

It’s amazing that the brokerage firm has never sent out a check or escheated the account.
It's a GREAT day to be alive - Travis Tritt

JBTX
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Re: best use of $0.13?

Post by JBTX » Mon Apr 27, 2020 11:08 pm

Jack FFR1846 wrote:
Mon Apr 27, 2020 7:40 pm
MadHungarian wrote:
Mon Apr 27, 2020 7:28 pm
On that subject, I just closed an old Bank of America account, and they said they were going to send me a cashier's check for $0.00. Apparently their computer system required it. I'm not sure what i'm going to do with that check...

Maybe i'll endorse it over to the IRS and mail it in as a payment toward my 2020 taxes.
Endorse it "Payable to Bank of America" and send it to them. They'll be so confused. (picture Darth Vader being confused)
I LOL'D at this.


Maybe then issue a stop payment to further muddy the waters.

investing engineer
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Re: best use of $0.13?

Post by investing engineer » Tue Apr 28, 2020 1:15 am

By the time you posted, you have already incurred $0.13 electricity and equipment worn-off.

bogledogle
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Re: best use of $0.13?

Post by bogledogle » Tue Apr 28, 2020 1:23 am

JBTX wrote:
Mon Apr 27, 2020 11:08 pm
Jack FFR1846 wrote:
Mon Apr 27, 2020 7:40 pm
MadHungarian wrote:
Mon Apr 27, 2020 7:28 pm
On that subject, I just closed an old Bank of America account, and they said they were going to send me a cashier's check for $0.00. Apparently their computer system required it. I'm not sure what i'm going to do with that check...

Maybe i'll endorse it over to the IRS and mail it in as a payment toward my 2020 taxes.
Endorse it "Payable to Bank of America" and send it to them. They'll be so confused. (picture Darth Vader being confused)
I LOL'D at this.


Maybe then issue a stop payment to further muddy the waters.
this

MadHungarian
Posts: 110
Joined: Tue Jan 02, 2018 4:53 pm

Re: best use of $0.13?

Post by MadHungarian » Tue Apr 28, 2020 1:31 am

JBTX wrote:
Mon Apr 27, 2020 11:08 pm
Jack FFR1846 wrote:
Mon Apr 27, 2020 7:40 pm
MadHungarian wrote:
Mon Apr 27, 2020 7:28 pm
On that subject, I just closed an old Bank of America account, and they said they were going to send me a cashier's check for $0.00. Apparently their computer system required it. I'm not sure what i'm going to do with that check...

Maybe i'll endorse it over to the IRS and mail it in as a payment toward my 2020 taxes.
Endorse it "Payable to Bank of America" and send it to them. They'll be so confused. (picture Darth Vader being confused)
I LOL'D at this.


Maybe then issue a stop payment to further muddy the waters.
ROTFL!

But what would Darth Vader do in this situation? Maybe something along the lines of, "Check deposited, Captain Needa."

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celia
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Re: best use of $0.13?

Post by celia » Tue Apr 28, 2020 1:50 am

FishTaco wrote:
Mon Apr 27, 2020 5:46 pm
peterwantstosave wrote:
Mon Apr 27, 2020 3:59 pm
Thanks. Done. Minimum was $0.50, but hopefully I'll be able to payoff @ $0.37. Appreciate the help.

Peter
Lol. If you let the statement close, some CC will just zero your account out. That's almost 300% profit!!
It's actually a loss since it cost him $0.50 to get rid of it!

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Stef
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Re: best use of $0.13?

Post by Stef » Tue Apr 28, 2020 5:12 am

Buy partial shares of VTI.

bob60014
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Re: best use of $0.13?

Post by bob60014 » Tue Apr 28, 2020 6:25 am

My $.02 about $.13 .....forget about it.

lstone19
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Re: best use of $0.13?

Post by lstone19 » Tue Apr 28, 2020 2:02 pm

$0.13 is 13 times what I had to deal with. Retired in early 2017. At the time I had an HDHP with HSA. After retirement, moved the money to another custodian as the old one would start charging fees since I was no longer an active employee. A year or so after I retired, the company changed HSA administrators and opened new HSAs for everybody with old ones including me and deposited a token $0.01 in it so it had a balance (apparently, the old one was still considered open despite a zero balance). And for two years, every quarter I'd get a statement in the mail showing my $0.01. Finally set up direct deposit and transferred the 1 cent to my checking account (and yes, documented in my HSA records just in case). Hopefully that's put an end to it. FWIW, I did call about it when it was first created and the excuse was it was just in case I came back to the company (didn't make a lot of sense to me).

Sad to say, I did spend the $0.01 in one place. :happy

Tal-
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Re: best use of $0.13?

Post by Tal- » Tue Apr 28, 2020 4:57 pm

If this had happened last week, you could have purchased 1,000,000 barrels of oil with it...
Debt is to personal finance as a knife is to cooking.

Topic Author
peterwantstosave
Posts: 308
Joined: Fri Nov 24, 2017 8:28 pm

Re: best use of $0.13?

Post by peterwantstosave » Sat May 23, 2020 7:12 am

thank you all. Happy to say that I was able to add it to my water bill and now I'm all zeroed out.

Peter

EDIT: I did do the amazon payment, but that didn't work with my bank (they forced me to pay off the $0.50 in full), so I had to add the exact credit amount to my water bill. (thirteen cents), which did end up zeroing the account out.

smalliebigs
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Re: best use of $0.13?

Post by smalliebigs » Sat May 23, 2020 7:45 am

MadHungarian wrote:
Mon Apr 27, 2020 7:28 pm
On that subject, I just closed an old Bank of America account, and they said they were going to send me a cashier's check for $0.00. Apparently their computer system required it. I'm not sure what i'm going to do with that check...

Maybe i'll endorse it over to the IRS and mail it in as a payment toward my 2020 taxes.
Reminds me of the time I got a 1cent cheque from Chase Bank. I bought a 15$ frame and hung it on the wall :mrgreen:

Topic Author
peterwantstosave
Posts: 308
Joined: Fri Nov 24, 2017 8:28 pm

Re: best use of $0.13?

Post by peterwantstosave » Sat May 23, 2020 7:49 am

Love it!

P

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JoMoney
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Re: best use of $0.13?

Post by JoMoney » Sat May 23, 2020 7:55 am

Are you never going to use that credit line again? You don't have to spend exactly $0.13, it will just credit towards your next larger purchase.
FWIW, as others mentioned, Amazon.com is a place a lot of us spend regularly and will let you charge a small balance towards a gift-card balance with them. That's how I clear off any of those gift-card Visa's people sometimes give as gifts.

FWIW, if you get the check, i recommend you just deposit it. If you don't it will likely go to your state as unclaimed property and sit in an account with your name on it, and you might start getting weird mail from strangers telling you they "found money" that belongs to you and get you on mail lists you don't want to be on.
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham

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