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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] 5 points 1 year ago (1 children)

American here, 99% of the time I use credit cards. It's just generally easier than carrying cash and nearly all vendors accept it. Beyond that I get a % back as points to trade for gift cards or in my case plane tickets. Another item is that if I get robbed I can quickly recover or head off any lost money.

[–] dlok 0 points 1 year ago (2 children)

Do you guys not have debit cards?

[–] neblem 4 points 1 year ago (1 children)

Credit cards have better identity protection and handle disputes more favorably than a bank debit card here.

[–] dlok 1 points 1 year ago* (last edited 1 year ago)

Yeah I get that just in the UK they're much more commonly used than credit cards. The way the post I replied to was worded sounded like it was cash or credit and that's it

[–] [email protected] 2 points 1 year ago

We do, I have a couple. I don't really use them though, you don't get the points. I always make sure to pay my credit cards off each month so it's worth the points for me.