5 ms·
By not making use of credit cards, you're losing out on thousands of dollars every year.
by diminoten 8y ago
By not making use of credit cards, you're losing out on thousands of dollars every year.
- sokoloff 8y agoSeveral hundred? Yes. “Thousands”? Not very likely for most people to be plural thousands per year.
- diminoten 8y agoMost people don't come to HN.
- soared 8y agoHundreds in ~2% cash back yes, but thousands by not building a strong credit score. All your major financial purchases will cost more if you're not using 1 or multiple credit cards.
- Aeolun 8y agoI don’t know. This appears to only be true (if at all) in a select few countries.
- nunez 8y agoMore importantly, you're losing out on a bunch of protections that you can't get with a debit card alone (price protection, various warranties, chargeback, etc).