Ben_t
Member
You don't have to worry about credit card interest if you pay off the damn thing every month
Exactly!
I've had a credit card for more than 12 years and have never paid any interest on anything.
I use my credit card for almost anything and I get 1% of the amount spent back. This option cost me 20$/year but I get back a lot more...
I have a 5000$ limit and I never put more on it than what I could afford if it was a debit card. The nice thing is that banks usually charge you for the amount of transactions that you make in a month...but I can make those transactions with my credit card and then transfer the money online which lowers the cost of my monthly transaction fees.
If used intelligently, a credit card is a great tool.