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Do you use a credit card? Why or why not? (discuss.tchncs.de)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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I know this might just reflect financial culture differences across countries, but let's give it a try

Edit: as a clarification, I meant credit card compared to debit, not to cash

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[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

You can get email reminders when your statement comes out. You don't pay interest on anything until a month after the statement.

For example:

Buy an apple on Jan 1st. Statement sent to you on Feb 1st. Interest starts March 1st unless you pay it off before then.

You can set up autopayment, but it'll be for the full statement balance once a month.