Stamets to Funny@sh.itjust.works • 1 year agoI used the poor to defeat the poorlemmy.worldimagemessage-square120fedilinkarrow-up11.62Karrow-down130
arrow-up11.59Karrow-down1imageI used the poor to defeat the poorlemmy.worldStamets to Funny@sh.itjust.works • 1 year agomessage-square120fedilink
minus-square@jjjalljs@ttrpg.networklinkfedilink1•1 year agoI’ve never paid interest on a credit card, and if you pay off the balance each month you won’t either.
minus-square@irmoz@reddthat.comlinkfedilink4•edit-21 year agoSo… what’s the point? If you’re just gonna pay it off as if it were a debit card? It’s just debit with extra steps. Doing that will even harm your credit rating.
minus-square@jjjalljs@ttrpg.networklinkfedilink1•1 year ago It’s easier to deal with fraud. You can see the fraudulent charge and report it before your money is taken. You earn cash back. Between 1% - 5% typically. This adds up. I don’t believe paying your credit card off on time each month harms your credit rating. https://www.nerdwallet.com/article/credit-cards/making-small-frequent-payments-credit-card-good-idea
I’ve never paid interest on a credit card, and if you pay off the balance each month you won’t either.
So… what’s the point? If you’re just gonna pay it off as if it were a debit card? It’s just debit with extra steps. Doing that will even harm your credit rating.