- Joined
- Jan 15, 2006
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the trick is to get a credit card that gives you points/miles/cash back with no annual fee, and pay off the balance each month (though it does require the self control to not spend more than you'll be able to pay off)
this way, you're earning a bonus for using the card, not paying interest since you're paying it off, and it gives you added protection in case your card gets stolen (with a real credit card, a disputed transaction will be held up until it's resolved. with a debit card, the money is gone and out of your account already until it's resolved)
That's one of the few good reasons to use credit. I also have one card I use for medical expenses,so a separate record of what I've spent is generated.


