Replied in the other reply too: Buying anything on a credit card (accepted almost everywhere) encourages many people spend more than they originally intended/b

Replied in the other reply too: Buying anything on a credit card (accepted almost everywhere) encourages many people spend more than they originally intended/budgeted for. http://seekingalpha.com/article/20333-guide-to-credit-cards-how-credit-cards-encourage-you-to-overspend http://seekingalpha.com/article/20333-guide-to-credit-cards-... "A Dunn & Bradstreet study found that people spend 12-18% more when using credit cards than when using cash." No doubt you are the special snowflake exception, but the majority of people overspend and carry a balance. Paying interest on stuff they bought that they don't need to get rewards that are a fraction of what they'll owe. We use the target card and simply get 5% off everything at target. That's it - no gas cards, no anything else, no flyer miles, etc. And it seems to me that target's approach is such that they're simply keeping the savings of involving a merchant bank by processing the transactions themselves from my debit account - that's saving them 2-3% right there, so the 5% isn't really much skin off their nose.