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> That is actually the one thing I grant credit cards to be superior in I mean, it’s basically their only purpose in life (if you use it for the other purpose
by setr 6y ago
> That is actually the one thing I grant credit cards to be superior in
I mean, it’s basically their only purpose in life (if you use it for the other purpose to purchase things ahead of your paycheck, that you don’t have the cash for already, you’re going to get yourself in trouble — 20% interest _hurts_)
- Semaphor 6y ago> I mean, it’s basically their only purpose in life Cash back/miles is another one.
- skeletal88 6y agoDoes not exist in europe, because they come from insane fees charged from merchants and the fees are regulated here to be lower than in the us.
- maccard 6y agoAmex offers 1.25% cashback, and they also have rewards cards that provide "points" which are redeemable on most major airline/hotel rewards programs. In practice Amex is almost universally accepted (I make 1-2 transactions a month that aren't on my Amex, but almost never a big ticket purchase). For the cases that amex isn't accepted, all the major airline groups have a rewards card too (although BA's is an Amex), and most of the supermarkets have cashback cards in the 0.75-1% range.
- Semaphor 6y agoYup. I’m in Germany and I get cash back points on my Amex. Same experience that it’s very rare not being able to use it, I carry a Mastercard for that case.