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Whats the main reason people use credit cards?

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  • bertiewhite
    bertiewhite Posts: 1,904 Forumite
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    I've used several for 0% balance transfers in the past but mostly use my Tesco one for food & fuel purchases (basically purchases that I regularly make every week/month) to get the points.
  • Biggles
    Biggles Posts: 8,209 Forumite
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    One post and no follow-up response after more than 24 hours; best not to feed the troll. Maybe American, judging by the odd terminology - 'savings card'?
  • Marvel1
    Marvel1 Posts: 7,188 Forumite
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    Build up credit rating, the full balance is always cleared when statement arrives.
  • datlex
    datlex Posts: 2,239 Forumite
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    lukeirwin23 wrote: »
    Why do people choose costly credit cards over savings cards?
    Easy because "saving cards" do not exist!
    Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.
  • nelie
    nelie Posts: 1,568 Forumite
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    Building up my credit rating.

    I had one which allows free use abroad in the local currency, which is great if I ever get stuck.

    The balance is always paid off in full as I barely use it.
    December Wins: £300 worth of board games, £500 Tesco Vouchers Best Win in 2023: £500 Tesco Vouchers
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