No fee credit cards should be used like a checkbook. Only buy what is covered in your bank account.
That way you get up to 45 days before the money actually leaves your bank account.
You not only get a little interest from your bank if you have an interest bearing checking account, but you also get a small rebate from the credit card company (bank).
Credit cards used correctly are cheaper than cash and safer too.
HillbillyBill
of TN
@
Dec 13, 2008 05:00:06 AM
Credit cards cannot ruin anything
Only the misuse of them can.
No fee credit cards should be used like a checkbook. Only buy what is covered in your bank account.
That way you get up to 45 days before the money actually leaves your bank account.
You not only get a little interest from your bank if you have an interest bearing checking account, but you also get a small rebate from the credit card company (bank).
Credit cards used correctly are cheaper than cash and safer too.
Kimberly Palmer, senior editor for U.S. News & World Report, writes about how to save money, avoid scams, manage debt, and be a savvy shopper. Send your personal finance questions to her for expert money advice.
HillbillyBill of TN @ Dec 13, 2008 05:00:06 AM
HillbillyBill of TN @ Dec 13, 2008 05:00:06 AM
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