Are Credit Cards Worth it?

[BLoCKANDLOADED ⭕⃤]

Are Credit Cards Worth it?

[Alliesaurus]

引用自 Butt Connoisseur：

引用自 Мистер Хаус：

I don't understand how people don't know how credit score works or the actual function or a credit card and how to use it properly, there have been some very poor posts in this thread full of misinformation for sure.

Like telling people they'll get a better deal on their mortgage if they use a credit card.

There is a difference between ur lack of knowledge in credit score and misinformation like the majority of people here including urself are spreading.

[Under there]

not really, but you need one to get a foot in the door with a debt based society
just treat it like a debit card until you're up around 700~ credit and you'll be fine
debt itself isn't a huge burden, but credit card debt is about the stupidest debt you can get yourself into

[mikel3113]

引用自 Eld3r：

引用自 RRW359：

If the power company says they'll give me a month of power if I pay them $30 then I'm not in debt if I don't pay the next month, I just don't get power. Same with water and all other bills.

now we are arguing about the definition of debt

why does that definition matter?

if you want to say i am in debt because i use a credit card and pay off that bill every month that is fine

meanwhile i have zero long term debt and outside of mortgages that are paid off i have never paid interest in my rather long life

the reward from my main credit card will be +$1000 this year just for using their card

i refuse to feel bad for those who get into trouble with credit cards

always live within your means

I was wondering a couple pages ago if you would respond back to someone advising you to use a credit card to get better mortgage interest rates lol to somebody who already has a mortgage. Been hilarious to see these exchanges and I love to see people giving you lessons that you obviously don't need and watching kids who don't have a mortgage or a credit card and talk about credit cards like they're the devil giving you financial tips. Purely entertaining

[Pocahawtness]

They are fine as long as you pay back the full amount at the end of the month.

[Sir Dookface McFerretballs]

引用自 BLoCKANDLOADED：

Are Credit Cards Worth it?

Worth what?

Getting things on credit means you are either NOT living within your means, or already have enough money that the only reason you have a credit card is to get a higher credit score, and pretty much all credit card companies charge you an extra 10-20%+ for every purchase on top of the retail price you pay if you don't pay it off immediately after using it.

My thoughts are that I'd love to see the ending of the movie "FIGHT CLUB" play out in the real world because credit reporting companies and credit cards are one of the biggest scams in the world.

[Azza ☠]

Credit cards aren't worth it at all.

If you are smart and still living at home, invest in a rental property. You will get a huge mortgage to pay off instead. A reversed bank account to pay off with your job and renter's pay. Over time, paying it off quickly enough, it will end up like rent payments when you move into your new home. That will give you a much lower interest rate than a credit card ever would and a much bigger credit limit. It's approx 2-5% interest in a home mortgage vs 10-20% interest of a credit card. However, it's not easy at the start and will set you back at first.

[HALO_run]

引用自 Мистер Хаус：

引用自 HALO_run：

prepaid ones are, the rest no

you don't know what that means it seems.

[AdahnGorion]

Credit cards? do people still use those?
I have my own biochip, I just flick my hand a bit to pay at the store.

[Faster With Feeling]

While we are at it I don't know about other countries but here in Australia if you get paid by check it takes 3 days to clear into your account yet an OSKO payment happens right away. Why is that?

[tyl0413]

Hell no, use cash.

[RRW359]

引用自 Eld3r：

引用自 tyl0413：

Hell no, use cash.

not practical online or in the current economy

It's actually fairly easy, especially if as people have mentioned you think debit cards aren't secure enough online. Plus a surprising amount of people take checks, although that's debatable as to if they count as cash.

[Sir Dookface McFerretballs]

引用自 Eld3r：

引用自 tyl0413：

Hell no, use cash.

not practical online or in the current economy

You must not know about cash cards and real-life "cash is king" discounts.

If I pay for gas with a card, it's over 20 cents a gallon more than paying with cash.

You can also put cash on gift cards and cash cards that work for online purchases without any sort of contracts or bank accounts.

Meanwhile, some places don't take every form of credit card, but are required by law to take cash.

[RRW359]

引用自 Eld3r：

引用自 Sir Dookface McFerretballs：

You must not know about cash cards and real-life "cash is king" discounts.

If I pay for gas with a card, it's over 20 cents a gallon more than paying with cash.

You can also put cash on gift cards and cash cards that work for online purchases without any sort of contracts or bank accounts.

Meanwhile, some places don't take every form of credit card, but are required by law to take cash.

why would i go through extra steps to avoid getting paid to use my credit cards?

most places in US are not allowed to charge less for use of cash if they have signed up for PCI

all places i have bought at accepted some form of credit card that i carry for at least the last 15 years

So carrying cash is an inconvenience but not having multiple credit cards and having to remember which you used for which and then you haven't even paid until later when you actually pay your CC bill?

[RRW359]

引用自 Eld3r：

引用自 RRW359：

So carrying cash is an inconvenience but not having multiple credit cards and having to remember which you used for which and then you haven't even paid until later when you actually pay your CC bill?

i always have cash but that isnt the point

i have multiple credit cards

i mostly use one card to maximize rewards

i track all expenses with quicken and apps

this stuff is not that hard

Neither is just using cash online if you really care about security and think debit isn't good enough.

[Sir Dookface McFerretballs]

引用自 Eld3r：

引用自 Sir Dookface McFerretballs：

You must not know about cash cards and real-life "cash is king" discounts.

If I pay for gas with a card, it's over 20 cents a gallon more than paying with cash.

You can also put cash on gift cards and cash cards that work for online purchases without any sort of contracts or bank accounts.

Meanwhile, some places don't take every form of credit card, but are required by law to take cash.

why would i go through extra steps to avoid getting paid to use my credit cards?

most places in US are not allowed to charge less for use of cash if they have signed up for PCI
edit: that seems anticompetitive and i tend to agree on that point

all places i have bought at accepted some form of credit card that i carry for at least the last 15 years

LOL The extra steps?

Like filling out credit applications, getting credit checks, creating separate credit company accounts.

Meanwhile, cash in the wallet and cash out of the wallet... Easy peasy, thing bought and paid for. No bills, apps, accounts, spyware, tracking, interest rates, annual fees, or spam mail.

To be realistic, objectively, credit cards are NOT easier than cash or cash cards mainly just from what I and others have already mentioned... You might think they are the "bees knees", but again being objective here... I have gone to places that don't accept visa or mastercard or any of the more obscure cards, but they ALL take cash. Hell, I don't take credit cards for my services. Even debit cards are easier than credit cards and are often taken in more places than credit cards.