Re:Millennials Don’t Use Credit Cards Because They Have No M...
by Mister_Snuggles on Friday August 19, 2016 @03:13PM
(#12322692)
I do roughly the same thing.
My regular bank changed the fee structure on me, somehow I missed the notice about it, and I got dinged with some account fees. So I switched ALL of my day-to-day spending to a credit card with a competing bank.
So instead of 40-ish Interac transactions per month for my day-to-day stuff, they get one bill payment transaction.
My interest payments are zero, since the bill gets paid off, plus I get the cashback bonus right around Christmas time.
My regular bank changed the fee structure on me, somehow I missed the notice about it, and I got dinged with some account fees. So I switched ALL of my day-to-day spending to a credit card with a competing bank.
So instead of 40-ish Interac transactions per month for my day-to-day stuff, they get one bill payment transaction.
My interest payments are zero, since the bill gets paid off, plus I get the cashback bonus right around Christmas time.