Re:Golden Rules for Making Money (1880)
by HenryBemis on Monday March 25, 2019 @05:49PM
(#19487051)
The only (imho) benefit for a credit card is the safeguard and the ability to get your money back.
I have stopped using credit cards for more than a decade.
In the UK I bank with RBS and when I have fallen victim to a fraud (e.g. my card been cloned or an online service stupidly saving more data than they should) I always gotten my money back.
I understand collecting points, but a debt is a debt and a credit card is a gateway to debt. Cash is king!
Edit: by 'cash' I mean debit card, not carrying £1000 on me :)
I have stopped using credit cards for more than a decade.
In the UK I bank with RBS and when I have fallen victim to a fraud (e.g. my card been cloned or an online service stupidly saving more data than they should) I always gotten my money back.
I understand collecting points, but a debt is a debt and a credit card is a gateway to debt. Cash is king!
Edit: by 'cash' I mean debit card, not carrying £1000 on me :)