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> The "downside" (from an US point of view) on this cap is that European credit cards don't have ridiculous card bonus programs I've never even had a credit ca
by esperent 6y ago
> The "downside" (from an US point of view) on this cap is that European credit cards don't have ridiculous card bonus programs
I've never even had a credit card. I just have a debit card that allows me to spend the money in my account (plus a limited overdraft of about €1000). I've never seen the point of anything else and I'd be suspicious as hell if a bank offered me a credit card with a reward program.
- Hamuko 6y agoEven European credit cards usually have much better buyer protections than debit cards. Like if your flight gets cancelled or if the shop you bought from goes under between your order and delivery.
- amaccuish 6y agoI was surprised moving to Germany, the default Visa card you get is a 30 day rolling credit card, aka charge card. Visa Debit and Mastercard's equivalent don't seem to be popular. And even less popular is a full-on credit card. A much healthier attitude there I believe.
- martinald 6y agoIn the UK (and I think most other EU states), if you purchase on credit card you get a lot of additional protection if the product/service is not as described, the company goes out of business, etc for purchases over £100. It's actually pretty reckless using debit cards for larger purchases for this reason, especially given the current economic climate. You should (IMO) always pay with a credit card then pay the full balance off via direct debit every month.