chook - i think the $36K gets reserved against available credit. The merchant would have to agree each month for 36 times at the counter. using your model
Astral has a great point - shoppers that spend a lot can use freed up credit made available when a payment is made against the card - and they can use multiple credit cards in the process and get rewarded by accumulating frequent flyer points. It is a patent design that needs to be marketed.
SPT Price at posting:
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