You put normal monthly expenses on the credit card, then you immediately pay it off. Do this for a while and build your credit score. Use your higher credit score to get approved for loans/mortgages/bigger credit.
All credit is is a way to buy something expensive that you can’t afford right now. Figure out what you want to buy, then build the necessary credit to be approved for the big purchase.
I use mine for cash back. I’ve been watching this finance channel on YouTube and the amount of Americans with thousands and thousands of credit card debt at sometimes over 30% interest is fucking insane.
Not having a credit card is giving up free money in cash back and rewards. Just be disciplined and it’s a net positive in every way, including security
I literally can withdrawal it. I can convert my points to cash at a 1:1 ratio, or redeem it for a flight and get 15% off the flight. Pretty tangible to me.
Reasons to get a credit card in 2019 -
To hire a car
Reasons to get a credit card in 2023 -
?
Totally alien concept to me
You put normal monthly expenses on the credit card, then you immediately pay it off. Do this for a while and build your credit score. Use your higher credit score to get approved for loans/mortgages/bigger credit.
All credit is is a way to buy something expensive that you can’t afford right now. Figure out what you want to buy, then build the necessary credit to be approved for the big purchase.
Heh, no credit agencies in my country, no credit score.
I use mine for cash back. I’ve been watching this finance channel on YouTube and the amount of Americans with thousands and thousands of credit card debt at sometimes over 30% interest is fucking insane.
When you pay with credit card it’s bank’s money. When paying with debit it’s yours.
I pay everything on the internet with credit card. It’s safer.
Juicy cashbacks with AmEx.
Maertro crowd isn’t so lucky. And rental companies don’t advertise this.
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Not having a credit card is giving up free money in cash back and rewards. Just be disciplined and it’s a net positive in every way, including security
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Of course you can if it is a cash back.
I literally can withdrawal it. I can convert my points to cash at a 1:1 ratio, or redeem it for a flight and get 15% off the flight. Pretty tangible to me.
You can withdraw it. It’s called a cash advance. It’s cash that immediately accrues interest on your credit card balance.