Quote:
Originally Posted by Chatbrat
Also credit cards can give 5% cash back on groceries, cable/steaming. gasoline, dining varies minimum 2% cash back--by playing it smart you get several thousand dollars a year free cash by using credit cards smartly and if you sign up for new credit cards you'll get $150-$200 per card but it will be taxable, after you meet their minimum purchase requirements-stop using them and put them in your safe
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I agree. We’re debt free but use a no-fee credit card whenever we can. Benefits are:
- cash back on all purchases
- ability to dispute charges if product or service is defective
- maintain high credit score for lower insurance premiums
- delays payment by 30+ days
- not having to carry around lots of cash
- faster payment in retail stores
IMO, it’s a no-brainer