Hello all, only recently I’ve been frequenting this subreddit and just lurking and seeing what people talk about.
Today alone I’ve seen a lot of mentions about debit cards and credit cards. About never using debit cards and only credit cards. And it makes a lot of sense. Recently I got an email for one of my cards that I can get up to 5% back up to $2,000 if I use it to pay for certain bills.
Now, my question is just how do you guys do this? You make all your daily purchases on your CC and then immediately pay it off through your checking account? As I saw some mentions, my hesitation on using CC’s over my DC is that I don’t want to accumulate debt and become complacent and what not. When you think “well I have until this time of the month and I only have to make a minimum of $25 payment” that kind of thing.
So how do you do it? What are your tips and tricks as far as using a CC and DC. Especially since certain CC’s give benefits to suit your needs. Like miles for traveling, points for shops, cash back etc. What CC are good for which benefits?
I should add, up till now I solely use my debit card for everyday purchases. Please don’t hurt me aha
Edit: So after all the comments up until now posted and what my friends have been telling me. I’ve been doing it wrong. Looks like I’ll be switching over to using only CC from here going forward to maximize on my returns. Thanks everyone for your input. Still curious as to which CCs you guys and gals use for which kinds of rewards.
Submitted August 04, 2019 at 07:13PM by ty23c https://ift.tt/33buCoc
