Posted by Mike (WA) on July 28, 2013 at 14:56:49 from (174.31.220.251):
In Reply to: In good company posted by rrlund on July 28, 2013 at 13:14:07:
Can't figure out what all you guys have against credit cards. We've had a couple of them for years- put almost everything on them, then pay in full every month. Get about 500 bucks back every year in "reward" money, and haven't paid a dime of interest since I can't remember when.
Just curious- why is that such a bad deal? How much cash back do any of you get for paying cash for everything? And if you won't get a credit card, why on earth would you have a debit card? Those are the worst of both worlds- you can still have your identity stolen, but you get no float. Used to be you could have your entire bank account drained with a debit card (credit card is limited to $50), but I think they changed that.
We travel some, and you might as well forget travelling if you don't have a card.
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