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Do You Always Use Your Credit Card For Buying Things? email this discussion to a friend?

myLot reputation of 85/100. dodyast3 (758)   ranked 668 out of 19,084 in questions & answers2 months ago

I want to know whether you always use your credit card to buy things daily. For me, I always use my credit card to buy gas for my car, paying lunch/ dinner in restaurant, and buying things like clothing, etc. I always use my credit card in any possible ways. How about you?

 
 
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lkbooi (6932) response was accepted on 10/18/2009.
denotes best response.
tags:  credit card, card, paying, credit, rewards
 
1. myLot reputation of 99/100. lilaclady (19664)   ranked 2,594 out of 19,084 in questions & answers   2 months ago

Yes I try to use my credit card as much as possible as I have a card that rewards with points so I use it as much as possible but I always make sure I pay my card off each month.


myLot reputation of 85/100. dodyast3 (758)   ranked 668 out of 19,084 in questions & answers  2 months ago

Same with me. My card has a reward points too so I can deduct the points by end of the year to pay the annual fee. The balance of points, I can use it to buy voucher or something else. What can you do with your points?

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2. myLot reputation of 82/100. kent_help2smile (1677)   ranked 426 out of 19,084 in questions & answers   2 months ago

I don't like to have a credit card for buy things. I might can't control my hands in swiping. I'd rather stay away from them. I'd rather suggest to have cash to spend what I want.


myLot reputation of 85/100. dodyast3 (758)   ranked 668 out of 19,084 in questions & answers  2 months ago

Some people may have the same thought as you. So far, I never have a problem of using it. I can always control my spending. If I think I already spend so much money during the weeks, I usually stay at home to reduce my expenses. Actually, I think the credit card helps me to summarize my spending in a month. Every month, I receive the bill/ bank statement for my credit card. It's stating all my expenses during the month, so I can review it and checking it whether it is too much spending or not.

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3. myLot reputation of 97/100. daliaj (2748)   ranked 597 out of 19,084 in questions & answers   2 months ago

First of all, I don't have a credit card. I use my debit card and Paypal to purchase things online. I am scared about having a credit card because now a days there are lots of hackers and you will be a victim of their activities. I am not ready to take that risk. Even about using my debit card, I always double check my money and activated sms (text mesasge) option, so that I get a message whenever money is taken out from my account.


myLot reputation of 85/100. dodyast3 (758)   ranked 668 out of 19,084 in questions & answers  2 months ago

I am not using the credit card for online purchasing too. I think they don't have a good security. I only use my card for purchasing things in real stores. For online, I use paypal and alertpay.

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4. myLot reputation of 91/100. moonchild117 (338)   ranked 300 out of 19,084 in questions & answers   2 months ago

I reserve using my credit card only for emergencies. If I used it for buying most of my stuff, I'd probably end up in debt! Haha! Though during the first few months, I used it to buy clothes and some groceries, but now I'm saving it for the rainy days.


myLot reputation of 85/100. dodyast3 (758)   ranked 668 out of 19,084 in questions & answers  2 months ago

Sometimes, credit card can be very handy when we need to buy something and we don't have enough cash happy

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5. myLot reputation of 75/100. mesuaky (253)   ranked 6,213 out of 19,084 in questions & answers   2 months ago

i also use my credit card often as it helps me circulate my money better. but i don't use it in all of my purchases, there are some things i still used cash. and since credit cards now a days have this promotions with other companies which gives discounts, i find it a much more benifit to my side. but i make sure i monitor my purchases cause some people tend to use credit card too much but not monitoring their budget end up in a lot of debts. thats why i do advice family and friend to watch out for this. never over use your credit card cause if you do you might wake up one day buried in debts.


myLot reputation of 84/100. joy_evaldez (211)   ranked 9,635 out of 19,084 in questions & answers  2 months ago

I utilized my credit card same as you do. I prefer to have credit mainly bacause purchasing airticket going back to Philippines is usually online. I do not want to hassle myself going to ticketing agency just beacuse of this. Also, when purhasing expensive items, we have the option to do it in installment with no interest. That way, we just have to pay a little amount every month instead of paying the full amount at one time. Lickily I have my husband who is very good in monitoring expenses and how to manage our spending. If its only me, I will tend to purhase so many things using my credit cards but will have a problem paying all those debts.


myLot reputation of 85/100. dodyast3 (758)   ranked 668 out of 19,084 in questions & answers  2 months ago

Same with me here. My credit card has a promotion with some restaurants and stores. It gives a discount for my purchase with my credit card. It saves a lot. Beside the discount, we can do installment too. Like purchasing a cell phone, we can pay it in six times payments with zero interest lol

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6. myLot reputation of 91/100. dianmelydia (1632)   ranked 4,045 out of 19,084 in questions & answers   2 months ago

I usually using my cash for my daily purchase. I only use my credit card on certain condition. I think using cash is not an old fashioned payment method because however there are a lot of merchants still prefering payment which made by cash money. But if we go travelling, especially to other country, i think using credit card could be a best option. But of course not every merchant accepting payment by credit card. So however we still need to have some cash money on our wallet. I think using credit card on a new place can helping us from fake money matter. Sometimes, as we don't know anything about a new place, perhaps we even don't know about their's currency, we could possibly be a fake money victim. So using credit card help us from such problem. But in my own place, i only use credit card in emergency condition. I always have enough cash on my wallet for my daily spend and so far there's no problem with it. I also think if we should be wiser on using credit card. However credit card is about owing, it's not our own money, we need to pay back the money later. Good luck and have a nice day. Happy mylotting.


myLot reputation of 85/100. dodyast3 (758)   ranked 668 out of 19,084 in questions & answers  2 months ago

Yes I agree with you. Credit card can be a good option while traveling, but we need to watch out the exchange rate. Usually, the rate from credit card is higher compare to regular rate.

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7. myLot reputation of 98/100. forestgold (352)   ranked 2,584 out of 19,084 in questions & answers   2 months ago

Yes, i use my credit card to buy clothes, and food sometimes too.
I try not to use it too much, as it is another thing to pay off each month, but i always pay more than the minimum payment, so as to try and get the balance down on it.

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8. myLot reputation of 90/100. homeshoppers (1064)   ranked 917 out of 19,084 in questions & answers   2 months ago

i used to have credit cards before but every salary there's nothing left for me as i pay them all to my credit card. if i have credit cards i can't control buying things either online or not. so i decided to closed them all. now i a able to earn from my salary and i can sleep well without disturbing calls from them.


myLot reputation of 85/100. dodyast3 (758)   ranked 668 out of 19,084 in questions & answers  2 months ago

It looks like you are one of the people who cannot resist the power of credit card. Just want to go shopping with the card lol. Luckily, it never happen to me. I always know how much my spending with my credit card. So it won't go beyond my limit to pay

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9. myLot reputation of 99/100. lkbooi (6932)   ranked 4 out of 19,084 in questions & answers   2 months ago

Hi dody, I pay my monthly wireless tv subscription, internet service and electricity bill via credit card. I don’t have to worry interest will be charged if paying after due date. They are paid automatically deducted from my credit card account before date due. It saves me a lot of time and trouble not to pay them in the respective counters in different buildings thumbup happy

Just like you, I pay my auto gasoline via credit card as well. How convenient it is just to press the button of the amount of gasoline we need to fill our vehicle on the displayed screen available at the petrol station. I use credit card to purchase other items in the hypermarket too. I don’t use the credit card to buy things if interest is charged. The interest charged for each purchase is normally 2 to 3 percents. It’s not worthy to pay the extra interest charged for sure!

Happy posting happy


myLot reputation of 85/100. dodyast3 (758)   ranked 668 out of 19,084 in questions & answers  2 months ago

Yes I am paying my internet bill with my credit card too. I am planning to change my payment method of my cable to credit card soon. Unfortunately, we still cannot pay the electricity bill via credit card here. So I have to pay them through ATM. I also try to avoid the charges. It is the same as here, the charge is about 2-3 percent. Usually, the charge is applied to electronic stores, cell phone stores, and some other stores.


myLot reputation of 99/100. lkbooi (6932)   ranked 4 out of 19,084 in questions & answers  2 months ago

I’m quite negligent. I have experienced paying several bills after due date. Once, the supply current of my house nearly cut off due to the two outstanding bills. Yeah, actually they must be paid three days before. Luckily that the mechanic was so kind and willing not to do that if I could pay the bills to the counter the same morning thumbup happy

Since then I prefer to make all the bills payment via credit card. It's convenient and without any worry of late payment of any bill. The same as here as well that we couldn’t pay water bill via credit card. My husband has to take the trouble to pay it every two month at the counter sad

Have a nice day!

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10. myLot reputation of 85/100. prashanthalva (1088)   ranked 2,453 out of 19,084 in questions & answers   2 months ago

Yes .. I Do Use My Credit Card For Almost Everything Nowadays .. It is Widely Accepted .. And Of Course I Want To Cash In On The Benefits .. There Are Reward Points For Almost Every 3 Dollars I Guess ..


I Use It For Almost Everything ..

myLot reputation of 85/100. dodyast3 (758)   ranked 668 out of 19,084 in questions & answers  2 months ago

You have the same situation with me and some other responders here. We are points collector lol. I can exchange my point rewards with $10 - $15 shopping voucher for some shopping stores, ice cream shops, etc. In some promotion, when I use my credit card, I can get a discount for eating in restaurant, cafe, and even shopping. So it has a lot of benefits of using credit card nowadays thumbup


myLot reputation of 85/100. prashanthalva (1088)   ranked 2,453 out of 19,084 in questions & answers  2 months ago

These Credit Card Companies Promise A lot OF Stuff, But In Reality It Is Not Much .. I Use Credit Cards More Because It Saves The Trouble Of Carrying Big Amounts Of Money For Shopping .. I Will Get A Hand Blender(Cookware) Which Was Actually Supposed To Be Free With My Reward Points .. But I Need To Shell Out Around 10$ For Handling And Postage .. This I Find Really Confusing .. Did I Win Or Didn't I.
Thanks Everyone For Readying Through .. If Everyone Has Understood What I Meant To Say, Nothing Like It .. Do Have A Wonderful Day/Night ..

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