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Card of choice

View Poll Results: Which card do you primarily use
Credit 51 29.14%
Debit 124 70.86%
Voters: 175. You may not vote on this poll

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Old
10-02-2011, 12:23 AM
  #76
Horse
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Credit (and I pay it off every month).

When I used to work in retail we had issues a couple of times with debit card fraud, so I don't trust them.

One of my credit cards gives me air miles, I'm building credit, no reason not to use it. I find them if anything over cautious when it comes to safety, which I'd rather have.

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Old
10-02-2011, 03:21 AM
  #77
FinRuutu
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I have no idea why one would use credit as a primary.

I use debit or cash, credit card is for internet shopping or emergency situations.

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10-02-2011, 03:29 AM
  #78
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Originally Posted by FinRuutu View Post
I have no idea why one would use credit as a primary.

I use debit or cash, credit card is for internet shopping or emergency situations.
I use my credit card for anything over $20 basically. Nothing wrong if you pay the bill off every month. Guess some people can't handle that.

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Old
10-02-2011, 03:35 AM
  #79
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Quote:
Originally Posted by OilerNut View Post
I use my credit card for anything over $20 basically. Nothing wrong if you pay the bill off every month. Guess some people can't handle that.
I know you can do that, I know some people do but I still don't know why. With debit you'll see exactly how much money you have spent and left. With credit card you have this illusion of how much money you have even tho you cannot use it from your account.

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Old
10-02-2011, 03:46 AM
  #80
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Originally Posted by FinRuutu View Post
I know you can do that, I know some people do but I still don't know why. With debit you'll see exactly how much money you have spent and left. With credit card you have this illusion of how much money you have even tho you cannot use it from your account.
I know exactly how much money I have at all times, before I make a purchase I know if I can afford it or not. I keep track of all my finances in a spreadsheet and Quicken.

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Old
10-02-2011, 04:30 AM
  #81
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YOU HAVE ENTERED POWERDRIVE!
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You have selected......no.

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Old
01-31-2013, 08:41 AM
  #82
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http://www.cnbc.com/id/100416464

Quote:
It could soon cost you more to shop with a credit card at some stores. As of this Sunday, Jan. 27, merchants who accept credit cards issued by Visa and MasterCard will be allowed to add a service charge to the purchase price.

Visa and MasterCard had always prohibited merchants from doing this. They agreed to change the rules and allow the surcharge as part of the settlement of an antitrust suit brought by retailers.

The surcharge is supposed to equal the actual cost of processing the credit-card transaction, which is typically 1.5 to 3 percent. Under the agreement, the fee is capped at 4 percent. The surcharge can vary based on the type of card. For example, it could be higher for a rewards card or premier card.

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Old
01-31-2013, 09:10 AM
  #83
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Debit

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Old
01-31-2013, 09:17 AM
  #84
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Old
01-31-2013, 09:57 AM
  #85
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Only fools use Debit cards. Why would you want to use a debit card? It's fiscally stupid. You take the money out of the bank instantly so instead of having an extra 30+ days to accrue a bit of interest you give it away instantly. You also don't get any kind of rewards for using a debit card. Add in the fact that if someone gets your card number they have access to your entire checking account and you have a bad job for anyone who uses it.

The only time I use my debit card is to get money out of the ATM.

Anyone should know about how much money they have in the bank at all times. So if you're using a CC irresponsibly then there's an issue. Using a CC and paying it off every month is the best way to go for anyone. If you do that, then it's like getting a 30 day or more interest free loan.


Last edited by WhipNash27: 01-31-2013 at 10:02 AM.
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Old
01-31-2013, 10:03 AM
  #86
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85-38 Debit

What a blowout

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Old
01-31-2013, 10:04 AM
  #87
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Credit. I get about 220$ cash rewards a year and pay off my balance every month. Safer for fraud happenings too. Builds credit.

I use my debit card for extracting cash from ATMs that's about it.

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Old
01-31-2013, 10:54 AM
  #88
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01-31-2013, 10:57 AM
  #89
Bruv
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Debit, easily

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Old
01-31-2013, 02:46 PM
  #90
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Originally Posted by ixcuincle View Post
Wow. This is actually a pretty huge deal. Could change my habits if it takes off.

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Old
01-31-2013, 02:48 PM
  #91
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Quote:
Originally Posted by ixcuincle View Post
This is pretty annoying, actually. I either have to start carrying around cash (which I don't like doing) or get screwed over by the rates that have existed for years. Either way, the store wins and they either avoid the fee by you now paying cash, or you pay the fee for them.

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Old
01-31-2013, 03:07 PM
  #92
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Quote:
Originally Posted by WhipNash27 View Post
Only fools use Debit cards. Why would you want to use a debit card? It's fiscally stupid. You take the money out of the bank instantly so instead of having an extra 30+ days to accrue a bit of interest you give it away instantly. You also don't get any kind of rewards for using a debit card. Add in the fact that if someone gets your card number they have access to your entire checking account and you have a bad job for anyone who uses it.

The only time I use my debit card is to get money out of the ATM.

Anyone should know about how much money they have in the bank at all times. So if you're using a CC irresponsibly then there's an issue. Using a CC and paying it off every month is the best way to go for anyone. If you do that, then it's like getting a 30 day or more interest free loan.
I get rewards points using my debit card with Chase. They have a three that collect a higher percentage each month that you have to activate but it can be done at the ATM or online with no problems.

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Old
01-31-2013, 03:11 PM
  #93
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Debit. Credit is only if I need to do remote ordering or on the rare occasions I forgot my debit card in my other jacket/pants and don't have cash.

I had to use credit to bail out my parents on their mortgage for a few years and find the interest rates to be quite preditory.

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Old
01-31-2013, 03:25 PM
  #94
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Quote:
Originally Posted by ixcuincle View Post
85-38 Debit

What a blowout
I wonder what the age group for the Debit people is. I'm willing to bet most are high school/college age.

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Old
01-31-2013, 03:32 PM
  #95
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Quote:
Originally Posted by WhipNash27 View Post
I wonder what the age group for the Debit people is. I'm willing to bet most are high school/college age.
Debit wins

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Old
01-31-2013, 03:35 PM
  #96
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Quote:
Originally Posted by WhipNash27 View Post
I wonder what the age group for the Debit people is. I'm willing to bet most are high school/college age.
Or people who aren't smart enough to know how much money they have to spend and don't budget their expenses.

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Old
01-31-2013, 03:37 PM
  #97
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I've used a debit card all my live. Recently had to get a credit card for purchasing festival tickets, but havn't used it since. Atleast it's free as young/student :s

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Old
01-31-2013, 04:43 PM
  #98
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i like the jack of diamond for some reasons

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Old
01-31-2013, 05:09 PM
  #99
Finnish your Czech
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Credit card for online purchases, debit for non online purchases.

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Old
02-01-2013, 09:25 AM
  #100
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Debit by a mile, I prefer using the money I have to buy things.


Last edited by beowulf: 02-01-2013 at 01:00 PM.
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