You're crazy to pay cash when you can take advantage of the added CC benefits (though you need to make sure you pay it off with that cash you would otherwise be using.)Curious how many people are still buying stuff on credit versus paying cash...
This is great in theory, but the majority of people have a hard time with impulse buys and then having to pay back things over time.You're crazy to pay cash when you can take advantage of the added CC benefits (though you need to make sure you pay it off with that cash you would otherwise be using.)
I've already been in a position to utilize the bennies when my $800 bike got stolen and when my iPhone 3G started acting up with the vibrate switch. In the former case it was covered by the purchase security protection (first 90 days) and the second by the automatically warranty double protection.
I used my Master Card for the same thing and the points. my next bill cycle begins in two weeks, so when I get my next statement, I will just pay it off all at once, its normally what I do when i buy a shinny new (expensive) toy.Used my American Express for the extra warranty.
Only an idiot would pay cash when you can get 1% cashback on purchases and extra warranty. It adds up quite a bit for me at the end of the year.Curious how many people are still buying stuff on credit versus paying cash...
Exactly. When you pay in full, It's an interest free loan. You get rewards. Plus, using a credit card gives me purchase insurance and tracking. Cash does none of that. Credit is not debt.Only an idiot would pay cash when you can get 1% cashback on purchases and extra warranty. It adds up quite a bit for me at the end of the year.
I pay it off at the end of the month, 1% cashback, and you have a float period where your money is working for you before you have to pay off the statement.