Re:Microsoft Store doesn't accept Bitcoin anymore
by jkyle on Sunday March 13, 2016 @03:17AM
(#11276600)
> Personally, the idea of going into dept for private consumption is completely foreign to me and most people I know, so the idea of a credit card is very unappealing.
Though I know many don't follow this rule, I never purchase anything on a credit card I don't have cash for. It's purely for the convenience factor (and the 1-3% discount on all purchases).
I wouldn't pay for one though.
Re:Microsoft Store doesn't accept Bitcoin anymore
by tommorris on Sunday March 13, 2016 @08:52AM
(#11277513)
Here in the UK, one advantage to using a credit card (even if you don't need credit) or a charge card is that the Consumer Credit Act 1974 gives you a whole bunch of extra consumer protections that you wouldn't get if you paid cash or debit card.
The main reason I got a credit card initially was because when I visited the US, nobody understood what a Maestro card was.
And additional ancedata because I don't know whether that's a US <> Europe thing: Personally, the idea of going into dept for private consumption is completely foreign to me and most people I know, so the idea of a credit card is very unappealing.
Wire transfers OTOH are simple, practically free and fast enough (<1 day inside the country, ~1 day inside of Europe).