3 ms·
While I hate that it's like this, you're leaving money on the table. Currently you're keeping money in the bank accruing the bank interest to occasionally pay
by croon 1mo ago
While I hate that it's like this, you're leaving money on the table.
Currently you're keeping money in the bank accruing the bank interest to occasionally pay for stuff.
With a credit card you would get various bonuses/cashback/gameified returns by owing them money, and it costs you nothing as long as you pay them back once a month interest free.
If you however slip up/miss a payment it will cost you a lot.
Both cases suck, but the latter saves you money if you play that game.
That's from a EU perspective. From a US perspective you also require it from a credit score perspective, which EU thankfully hasn't adopted... yet.
- Aefiam 1mo agoas far as I understand it, the creditcard rewards are from the creditcard fee, which is capped in the eu, so you are not missing out much.
- croon 1mo agoCashback is definitely capped, I'm less sure on other forms of rewards, but by my napkin comparisons, I do get out more "value" from my credit cards than the fees and cashback caps. YMMV of course.