Comments on: When It Might Be Better to Use a Credit Card http://moneyning.com/credit-cards/when-it-might-be-better-to-use-a-credit-card/ A personal finance blog where we share insights on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom! Sun, 21 Mar 2010 19:25:36 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Credit Card Chaser http://moneyning.com/credit-cards/when-it-might-be-better-to-use-a-credit-card/comment-page-1/#comment-21814 Credit Card Chaser Wed, 25 Nov 2009 20:55:04 +0000 http://moneyning.com/?p=4096#comment-21814 Even if you take the convenience and fraud protection out of the equation I would still try to use my credit card as much as possible just because I use a cash back card and just set it to be paid off in full every month from my checking account. No reason to pay 100% of the cost of an item when I only have to pay 97% to 99%. Even if you take the convenience and fraud protection out of the equation I would still try to use my credit card as much as possible just because I use a cash back card and just set it to be paid off in full every month from my checking account. No reason to pay 100% of the cost of an item when I only have to pay 97% to 99%.

]]> By: Andrew @ Financial Services http://moneyning.com/credit-cards/when-it-might-be-better-to-use-a-credit-card/comment-page-1/#comment-21799 Andrew @ Financial Services Wed, 25 Nov 2009 13:24:22 +0000 http://moneyning.com/?p=4096#comment-21799 Though not a huge fan of credit card, I must say that it is pretty indispensable nowadays. Owning one of each is reasonable enough. I use a debit for shopping and credit for international and online purchases. Though not a huge fan of credit card, I must say that it is pretty indispensable nowadays. Owning one of each is reasonable enough. I use a debit for shopping and credit for international and online purchases.

]]> By: Writers Coin http://moneyning.com/credit-cards/when-it-might-be-better-to-use-a-credit-card/comment-page-1/#comment-21797 Writers Coin Wed, 25 Nov 2009 13:13:44 +0000 http://moneyning.com/?p=4096#comment-21797 Charles nailed it: this debate is more about restraint than any specific feature on card has over another. I like paying all my bills and not worrying about overdrawing my account before my paycheck gets deposited (and the rewards points), but that's just because I pay my card in full every month without even thinking about it. For those that struggle with controlling spending on plastic...time to break out the scissors... Charles nailed it: this debate is more about restraint than any specific feature on card has over another. I like paying all my bills and not worrying about overdrawing my account before my paycheck gets deposited (and the rewards points), but that’s just because I pay my card in full every month without even thinking about it. For those that struggle with controlling spending on plastic…time to break out the scissors…

]]> By: Charles Chua C K http://moneyning.com/credit-cards/when-it-might-be-better-to-use-a-credit-card/comment-page-1/#comment-21792 Charles Chua C K Wed, 25 Nov 2009 06:06:34 +0000 http://moneyning.com/?p=4096#comment-21792 Debit card is for those who cannot control their spending. It it limited by their own sources of fund and they don't incur unnecessary debt. Credit card is for those who are disciplined to spend within their budget and pay promptly and fully. Debit card is for those who cannot control their spending. It it limited by their own sources of fund and they don’t incur unnecessary debt. Credit card is for those who are disciplined to spend within their budget and pay promptly and fully.

]]> By: Miranda Marquit http://moneyning.com/credit-cards/when-it-might-be-better-to-use-a-credit-card/comment-page-1/#comment-21789 Miranda Marquit Tue, 24 Nov 2009 22:39:02 +0000 http://moneyning.com/?p=4096#comment-21789 Thanks for sharing! It is true that there are some benefits that come with credit cards. As long as you use them responsibly, they can be great financial tools. Thanks for sharing! It is true that there are some benefits that come with credit cards. As long as you use them responsibly, they can be great financial tools.

]]> By: Financial Samurai http://moneyning.com/credit-cards/when-it-might-be-better-to-use-a-credit-card/comment-page-1/#comment-21788 Financial Samurai Tue, 24 Nov 2009 22:32:39 +0000 http://moneyning.com/?p=4096#comment-21788 Being able to have insurance and dispute charges are my top 2 most important reasons. The other is, I don't want to get mugged with $500 bucks in my pocket and never get it back! Being able to have insurance and dispute charges are my top 2 most important reasons. The other is, I don’t want to get mugged with $500 bucks in my pocket and never get it back!

]]> By: Sandy http://moneyning.com/credit-cards/when-it-might-be-better-to-use-a-credit-card/comment-page-1/#comment-21786 Sandy Tue, 24 Nov 2009 19:01:28 +0000 http://moneyning.com/?p=4096#comment-21786 I love my American Express card before of that reason. The travel insurance is just great and whenever there's a dispute, I can quickly resolve it without hassle. Debit cards may have the same thing but I'd be out whatever amount that's already taken out until the situation is resolved. Not good IMO. I love my American Express card before of that reason. The travel insurance is just great and whenever there’s a dispute, I can quickly resolve it without hassle.

Debit cards may have the same thing but I’d be out whatever amount that’s already taken out until the situation is resolved. Not good IMO.

]]> By: CreditShout http://moneyning.com/credit-cards/when-it-might-be-better-to-use-a-credit-card/comment-page-1/#comment-21785 CreditShout Tue, 24 Nov 2009 18:08:29 +0000 http://moneyning.com/?p=4096#comment-21785 Also when traveling some cards include travel insurance which means if you buy your tickets with your credit card and then have to cancel because of certain circumstances, you will be reimbursed for your trip. Rental car insurance is also provided by quite a few cards out there. Also when traveling some cards include travel insurance which means if you buy your tickets with your credit card and then have to cancel because of certain circumstances, you will be reimbursed for your trip. Rental car insurance is also provided by quite a few cards out there.

]]> By: Craig http://moneyning.com/credit-cards/when-it-might-be-better-to-use-a-credit-card/comment-page-1/#comment-21778 Craig Tue, 24 Nov 2009 16:28:10 +0000 http://moneyning.com/?p=4096#comment-21778 Credit score is better, also there are times when it is just easier. For online purchases for example it is easier to use a debit card also if you just don't have enough cash on you. Credit score is better, also there are times when it is just easier. For online purchases for example it is easier to use a debit card also if you just don’t have enough cash on you.

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