GO CHECK YOUR DEBIT CARDS NOW!!

[horizon]

I believe you said it earlier, but credit cards should only be used for BIG purchases.


These nikkas using credit cards every time they go to McDonalds or the corner store

Explain what the problem is using a CC to pay for your McDonalds

 

[fifth column]

fukk what yall debit card nikkas talking about, its CC gang over here

My 0% interest rate credit card getting all my purchases besides travel, plus I get a percent back on groceries and dining.

With That + Rakuten for online shopping to get even more cashback, I’m saving money at no additional price compared to using my debit card

CC life not for eveyone, but if you have financial restraint, it pays off in the form of cashback, free vacations, and additional coupons that you can’t get with your debit card

Everything that you just said is why credit card companies love consumers like you. In marketing the key to getting buyers hooked is to offer them an irresistible offer which in this case is rewards and 0% interest. Keep doing your thing though

 

[KingBeez]

Everything that you just said is why credit card companies love consumers like you. In marketing the key to getting buyers hooked is to offer them an irresistible offer which in this case is rewards and 0% interest. Keep doing your thing though

Breh I have 2 business degree in Finance, don’t spend beyond my means, and have never missed a payment ever. If you’re financially literate and responsible, this shouldn’t be an issue.

Like I stated in my post, using credit cards are not for everyone. If you fall in that category, then stay in ya lane but don’t shyt on people capitalizing on these offers

 

[Mordith]

I guarantee that the majority of the debit card advocates have bad credit.

No one who is financially literate uses their debit card for purchases...

 

[The Devil's Advocate]

You right man, credit card companies just offer the public use of their money as a benevolent charity service. They're damn near modern Mother Theresas.

It's amazing that people can be so stupid. I mean really. You sitting here saying this it when a simple Google search would tell you everything people are saying is FACT. Then you'd also see actual experts telling you the same thing.

But you wouldn't even need it if you took half a second to think. If people can budget the cash they spend by only using debit.... Couldn't they budget the cash they spend using credit



If you're bad with cash, you'll be bad with credit. But stop acting like this is some mutant power. Budget out $200 a month for your credit card and then only swipe $200 on it... What in the entire fukk is hard about that?

 

[The Devil's Advocate]

"Credit card" companies and "debit card" companies are the exact same companies.

You just typed a bunch "spitting knowledge" mumbo jumbo.

I feel like this thread is in the twilight zone.

Think Chase Bank and Chase Credit are different brehs

Think your bank is special but the debit card has a credit card logo on it brehs

 

[The Devil's Advocate]

Do what works for you breh. I use cash for most things and credit card for large things. I’m in the marketing space so I know what I know

That doesn't make sense.. If you're using credit for large things, you're one of the people paying interest.. If you used it for small things, you'd be earning back cash to use for the large things (cashback plus the money you saved not paying interest)

Not charging, what you don't have the cash for, is the main part of this. The moment you use the card to buy something that isn't already in your bank account, they won.

 

[Bubba T]

So my brother just hit me saying he walked in to a restaurant and paid cash for his food because he didnt have any money on his card and later on found out that his card overdrafted from this same restaurant.. So he paid cash but somehow his card was charged the exact same amount that he paid in cash..

That made me check my card because i went to this same restaurant earlier in the day.. My food came up to $30 but when i looked at my bank statement i was charged an extra $10 somehow.. Mind you i only swiped once for $30..

That made me look at the last two months of transactions, i noticed that 3 different stores i visited charged my card twice in the same day for more than i spent at the store..

Have any of yall had this problem recently?

Im the type too never check my bank statements so aint no telling how long this shyt been happening.. This some bull shyt i wonder if a few companies systems are hacked or what but im not feeling this shyt.

I'm sorry we derailed your thread so badly OP. I haven't had these issues, no. But hopefully you put in a dispute with your bank since you were charged too much. I think you only have 60 days or so to dispute the charges.

 

[bnew]

If anything I’m making money by using my credit card with all these rewards. I pay no interest no annual fee and getting 50 dollars or more in rewards a month.

how much money do you typically spend to get $50/month rewards?

what cashback cards do you use?

is it only cashback or points?

 

[Wayans Brehs]

The posters against credit cards aren't wrong. Obviously I can see the danger in telling people to use a credit card for all expenses. They won't have the discipline to actually pay the balance in full. It's usually why I keep my mouth shut when it comes to this sort of thing, even if I think my way is better. Y'all do you and I'll do me. I ate good on sign up bonuses and cash back over the years and haven't paid 1 cent in interest.

 

[fifth column]

Breh I have 2 business degree in Finance, don’t spend beyond my means, and have never missed a payment ever. If you’re financially literate and responsible, this shouldn’t be an issue.

Like I stated in my post, using credit cards are not for everyone. If you fall in that category, then stay in ya lane but don’t shyt on people capitalizing on these offers

How did I shyt on people using cc? I’m just sharing some marketing insights. I have credit cards just like you

 

[fifth column]

That doesn't make sense.. If you're using credit for large things, you're one of the people paying interest.. If you used it for small things, you'd be earning back cash to use for the large things (cashback plus the money you saved not paying interest)

Not charging, what you don't have the cash for, is the main part of this. The moment you use the card to buy something that isn't already in your bank account, they won.

I have the cash for everything that I buy large or small. I use my credit card for convenience and not necessarily to play reward games. Y’all need to learn that it’s easier to sell the shovel than dig for the gold.

 

[Professor Emeritus]

It's amazing that people can be so stupid. I mean really. You sitting here saying this it when a simple Google search would tell you everything people are saying is FACT. Then you'd also see actual experts telling you the same thing.

But you wouldn't even need it if you took half a second to think. If people can budget the cash they spend by only using debit.... Couldn't they budget the cash they spend using credit



If you're bad with cash, you'll be bad with credit. But stop acting like this is some mutant power. Budget out $200 a month for your credit card and then only swipe $200 on it... What in the entire fukk is hard about that?

What's the point of even replying if you're just going to ignore every argument I already made?

I do hope those credit card companies are paying you well for this, otherwise I have no idea what you get out of this comment.

 

[Truefan31]

So how does the credit card company make money off of you then?

i think a lot of people need to educate themselves on credit cards.

credit card companies make money on transactions. It’s why they offer signup bonuses for spending a certain amount in a time period. Interest fees are icing on the cake but the majority of their revenue is you using the credit card for transactions.

and contrary to what’s posted a lot of credit cards do not have annual fees. My fidelity visa has no annual fee, and gives me 2% cb on all purchases which I put into my fidelity brokerage account. Free money to invest with. The SoFi MasterCard does this as well.

 

[Truefan31]

I believe you said it earlier, but credit cards should only be used for BIG purchases.


These nikkas using credit cards every time they go to McDonalds or the corner store

If you get anywhere from 3-5, sometimes 10% cb or rewards on that same purchase why wouldn’t you? People don’t like getting stuff now?