Credit Card Interest Rates

Thrugelmir

2tired2tango wrote: »

When they phoned me to say i had been accepted they tried to get me to take a cash advance, Now i know why:rotfl:

Only the credit card companies benefit from issuing cards. As it draws people in. All with the good intention of repaying the balance every month. Until......... then the problems start.

Time is better spent of mastering the art of saving. Far more beneficial.

2tired2tango

Only the credit card companies benefit from issuing cards. As it draws people in. All with the good intention of repaying the balance every month. Until......... then the problems start.

Time is better spent of mastering the art of saving. Far more beneficial.

I totally agree that is what i have always done in the past. it is really just a tool for emergencies like i said earlier or if i have a DD going out but insufficient funds. you know what the bank charges are like. the interest on the CC is small in comparison. .

Dobbibill

2tired2tango wrote: »

it is really just a tool for emergencies like i said earlier or if i have a DD going out but insufficient funds

this concerns me that you are not going to use it for building history.

BE CAREFUL - emergencies are not a DD that regularly goes out that you have insufficient funds for, that's called a bad budget.

cos_2

In this situation, yes. But there may be times, especially when abroad, taking cash is cheaper than using a debit card. I saved cash in America using my Barclaycard to withdraw cash - they offered interest-free same as a purchase!