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> an auto payment taking a week to withdraw from my bank account As an aside, for anyone using an Apple Card today, a handy way around this is to not make paym

> an auto payment taking a week to withdraw from my bank account As an aside, for anyone using an Apple Card today, a handy way around this is to not make payments via ACH. Use your debit card with Apple Pay to pull money instantly into Apple Cash, then use that to instantly pay your credit card bill. An extra step, sure, but it's instant.

NavinF 2y ago
Related: Most banks let you pay credit cards over the phone using a debit card. This is usually intended for debt collection though, so you may have to have to call the debt collection phone number to do it. Of course the main use case for tech people is maxing debit card rewards until they close your account :)
- minhaz23 2y ago
  Churning? Can u tell me more abt that please in the process of doing a few but dont want to mess up. Any tips?
xyst 2y ago
This isn’t needed anymore. Credit is applied to account if autopay is setup. I guess it’s only reversed if ach fails due to insufficient funds. Personally I have a bank account that I use solely for the purpose of auto pay/ach. It’s only funded with enough money to pay creditors.
wkat4242 2y ago
Why would you even use a credit card if you have the money? You don't have to bother with the loan aspects of the card then (and the paying off). You could just use a debit card. This is what keeps me from even considering an apple card, I don't need any credit and getting credit registered against my name will make it more difficult to get a mortgage.
- strulovich 2y ago
  Credit cards provide kickbacks (ahem, cashback) to customers while virtually all products cost the same for debit or credit. If you use debit, you might be leaving 2% of the deal on the table. (But you are helping the merchant, which could be a good reason)
- 3836293648 2y ago
  The american credit system favours those who pay by credit card and pay it back on time. Something something credit scores. Seems crazy for end users but I understand it from the banks' perspective
  - wkat4242 2y ago
    Aha I see, I'm in Spain. My bank told me they definitely favour those who can live their lives without having to take loans at all. Any loans get subtracted from the maximum possible mortgage, this includes credit cards at their maximum authorised credit level(!). Also, we have to pay 20% of a house in hard cash here so anyone looking to buy one is saving substantial money. So you have a decent buffer. There's no point in taking out credit if you can supply your own.
- monetus 2y ago
  > Why would you even use a credit card if you have the money? I get ten percent cash back on groceries right now. It is subsidized in a sense, and builds out an advertising portfolio on me - those are questionable - but it is money in my pocket.
  - wkat4242 2y ago
    Oh really? I never get any on my cards. Definitely not for things like groceries. Once in a blue moon they have some discounts in the credit card app but they are always discounts based on the RRP price which are totally useless because the same article is cheaper on amazon at street price. I do have a "credit card" because some sites refuse to accept debit ones. But no cashbacks or anything. Maybe it differs by bank (I use caixabank in Spain) The one thing I do like as a reward is that caixa funds several museums and you can get in for free if you have an account with them. But it doesn't have to be a credit card, a normal account is enough.

NavinF 2y ago

Related: Most banks let you pay credit cards over the phone using a debit card. This is usually intended for debt collection though, so you may have to have to call the debt collection phone number to do it. Of course the main use case for tech people is maxing debit card rewards until they close your account :)

minhaz23 2y ago
Churning? Can u tell me more abt that please in the process of doing a few but dont want to mess up. Any tips?

xyst 2y ago

This isn’t needed anymore. Credit is applied to account if autopay is setup. I guess it’s only reversed if ach fails due to insufficient funds. Personally I have a bank account that I use solely for the purpose of auto pay/ach. It’s only funded with enough money to pay creditors.

wkat4242 2y ago

Why would you even use a credit card if you have the money? You don't have to bother with the loan aspects of the card then (and the paying off). You could just use a debit card. This is what keeps me from even considering an apple card, I don't need any credit and getting credit registered against my name will make it more difficult to get a mortgage.

strulovich 2y ago
Credit cards provide kickbacks (ahem, cashback) to customers while virtually all products cost the same for debit or credit. If you use debit, you might be leaving 2% of the deal on the table. (But you are helping the merchant, which could be a good reason)
3836293648 2y ago
The american credit system favours those who pay by credit card and pay it back on time. Something something credit scores. Seems crazy for end users but I understand it from the banks' perspective
- wkat4242 2y ago
  Aha I see, I'm in Spain. My bank told me they definitely favour those who can live their lives without having to take loans at all. Any loans get subtracted from the maximum possible mortgage, this includes credit cards at their maximum authorised credit level(!). Also, we have to pay 20% of a house in hard cash here so anyone looking to buy one is saving substantial money. So you have a decent buffer. There's no point in taking out credit if you can supply your own.
monetus 2y ago
> Why would you even use a credit card if you have the money? I get ten percent cash back on groceries right now. It is subsidized in a sense, and builds out an advertising portfolio on me - those are questionable - but it is money in my pocket.
- wkat4242 2y ago
  Oh really? I never get any on my cards. Definitely not for things like groceries. Once in a blue moon they have some discounts in the credit card app but they are always discounts based on the RRP price which are totally useless because the same article is cheaper on amazon at street price. I do have a "credit card" because some sites refuse to accept debit ones. But no cashbacks or anything. Maybe it differs by bank (I use caixabank in Spain) The one thing I do like as a reward is that caixa funds several museums and you can get in for free if you have an account with them. But it doesn't have to be a credit card, a normal account is enough.