but why would i need one

I'm not old enough.

I don't need one. Get out troll.

not having 30 grand in student loan debt, and working at Outback...

get over yourself.

SUDDENTLY, AN IRRELEVANT THREAD

seriously, how does my ownership of credit cards have anything to do with technology?

i have a debit card, i dont see the need for a credit card

reported.

don't need one

500 replies guaranteed. I will give you an 8/10.

>>17411509
If you've used this website long enough you would have realized /g/ is about a lot of things far off the bar of technology...

I don't live in America.

>>17411509
Credit cards are technology, it says so on my bill

>>17411465
I have a debit card. I don't need a credit card.

>>17411539
true enough
>>17411554
is transactional even a word.

and for the record, ive got about $1000 in debt.

cool middleman, bro.

Currently using my CC to buy lumber materials for my contracting business. Enough points for free flights all day errday. Pay off the CC each month in full. Flys good man.

>Hi, I need a mortgage for a house.
>Ok, sir. Do you have a steady job?
>Yes. Here's a payslip.
>Ok, how much do you want?

There. Done.

>>17411574
Why wouldn't it be? e.g. transactional database, to put it into /g/ terms

>>17411574
>transactional
http://www.thefreedictionary.com/transactional
>ive got about $1000 in debt.

>>17411593
consolidating all your debt into a single mortgage payment and even getting a little extra cash out for nice things is the best idea going even in today's lending enviroment.

just be sure to pay it, because credit card companies can only put a lien on you, while the bank can just take your house.

>>17411596
I guess I have to agree with you..
OP makes having a credit card seem like a needed, required thing. Sure if you wanna build up credit and you keep paying the bill... But I don't really see the point, so just use a debit card..

>>17411608
Oh god, in what wonderful country is this possible? My bank wants to transfer the cash directly to the seller.

But I like touching paper covered in fecal bacteria and traces of cocaine whenever I purchase something.

>>17411627
Lol'd... well played sir.

They are great for an emergency or a large purchase that you need time to pay off. Other than that don't fucking use them to fill up you tank unless you make enough to cover it and want the rewards. Know that, too many idiots use it like a second paycheck and never pay it back.

>>17411601
>>17411596
calm yourself, just doesn't look like it was used right. whatever. and whats wrong with my $1k in debt, im paying it off. i bought a custom suit. high quality wool, the labor, etc. shits pricey, but fits nice.

>>17411623
credit card is for poorfag who couldn't pay things in full at once. I don't have that problem.

>>17411648
>Other than that don't fucking use them to fill up you tank unless you make enough to cover it and want the rewards.
Why the fuck not? Although I have a fuel card, which is essentially the same thing, it's considered good practice to pay your bills as late as possible. CC's allow you to withhold payment up to a month.

>>17411465
Some people will end up with a lot of debt. If they feel they don't have enough self control for a credit card, then they don't have to get one.

>>17411623
having debt isn't explicitly required, but it does make your life a bit easier to have credit easily available. buy some cheap crap on a macys card (the easiest ones to get), pay it off, get good credit score, then easy to get whatever kind of loan you want in the future.
>>17411624
mortgage, home equity line, etc. and your bank is fucking retarded if they just don't give you the cash.
>>17411648
>Other than that don't fucking use them to fill up you tank unless you make enough to cover it and want the rewards. Know that, too many idiots use it like a second paycheck and never pay it back.
this is why credit cards are percived as 'bad'.
>>17411655
i can, its just nice to not eat an entire paycheck for a large purchase by instead taking little bites out of several future paychecks.

I thought the same way. I was foolish enough to think banks are honest companies and will not slap random and blatantly jewish fees and fines on my bills whenever they know it would be more costly for me to argue it with them than to just pay it. I paid my bill perfectly for three years and they STILL gave me shitty interest.

Fuck credit cards. I'm not a poorfag and can afford to pay for anything a credit card reward would give me, and hell, my debit card can act as a credit card if necessary. I ardently believe credit cards are evil and banks single-handedly exacerbate anti-Semitism.

>>17411699
>it's considered good practice to pay your bills as late as possible.
LOLNO
this makes the credit corp's think you're a late payer and hurts your credit report. pay on time, and pay a bit over the minimum payment. instant ~700 on the credit score.

The rewards you get with cc are pretty shit. I much rather use the keep the change thingy with bank of america on my debt card and add it up for discounts w retailers.

I've been looking into a cc but don't see anything that has a awesome reward system.

pic is the amount i made with keep the change so far this year

>>17411727
THIS THIS THIS.

want a good credit score? then get a credit card and just buy a pack of M&M's at the gas station every month or something.

>>17411752
No, I meant paying bills within given time, but at the very last of it.

>>17411752
I know you're most likely underage, but seeing as you're actually correct for the most part, I have no business in reporting you.
Sage for off topic.

>>17411769
>bank of america
god i had a shitty experience(s) with them, switched my card to chase's slate, never looked back. BoA was a bitch about everything, and their customer service was terrible.
>anything that has a awesome reward system.
protip: there is nothing, and keep-the-change is a fancy way of moving money from your checking acct [where you're likely to spend it, and once its spent BoA cant play with it for investments/loans] into your savings [where you probably won't spend it for a long while]. they make it seem like they're helping you, but in reality its mostly to keep more money in the bank for themselves.

>>17411727
solution: "yeah I'm not paying your stupid shit"

*click*

>>17411825
Tried that. They threatened to cut off my card and demanded I inquire with an attorney, not shitting you. Shrewd motherfuckers know how the average consumer shill works.

>>17411727
>I was foolish enough to think banks are honest companies
you and me both friend. worst managed companies ever. one of the reasons i dumped BoA was because they wanted $7 to see a teller. Bullshit.
>>17411787
see, then the bill kicks around in the back of my mind and that irritates me, im much happier knowing that there's a check in the mail.
>>17411789
calm yourself bro, 27.

i got a debit card, dont need to fucking credit card

>>17411769
>debt card
What a charmingly appropriate typo. Enjoy your slavery, moneyfags.

>have an ISA
>use a debit card for daily expenses and rent

>2011
>still paying annual percentage rate

>credit card
>not ending up in debt

pick one

>>17411888
ooh, lets listen to what the anarchist in the room has to say.

protip: pay off your credit card bill IN FULL EVERY MONTH and you will never have problems

any mature adult will have no issues with credit cards, incur no fees, and pay no interest

>>17411934
please see
>>17411949

>>17411812
Never had to use their customer support so idc they're good enough. I also have an account with ali when they 1st went into business (yeah for 1.9% interest rates).

I don't see the problem with keep the change, so what if they move it to my savings account? If i need the cash i can just transfer it to my checking. Its nice to see my savings slowing get larger over time because of keep the change. On top of that i get cash back with add it up. Unless you owe a business i don't see the big deal with having a cc though i'm still open to it if i was going to get a good deal on it.

I'm already going to have good credit by paying back my student loans and car payments (should be completely paid off by feb 2012).

>chase
mmmm not sure about them they're pretty much the same as bank of america. I plan on switching completely to alli eventually just never got around to it

>>17411869
how do you get charged $7 for dealing with a teller?

i walk into boa whenever the hell i want and never had been charged

>>17411946
Clearly he's an atheist, not an anarchist.

>>17411949
>able to pay everything every month
>use credit card
classy stuff, sis.

i own a debit card because i actually make lots of money and i don't have to borrow any
thread

>>17411949
then what exactly is the point?

Only idiots would use a credit card when there's debit cards that work equally fine for shopping in stores and online.

>herpdiderp I sure loves me sum debt

>work at major credit card processor
>access to millions of CC#'s a day, Full-Track-Data

If you people aren't worried about identity theft, I would be. It's amazing how many people have access to this shit.

>Not have a credit card
>Everyone else doesn't either
>Everyone uses direct debit
What the hell? Oh, I don't live in the US.

real rich people avoid any kind of debt at all costs. true stories.

>2011
>not having a credit and paying your bill in full every month
>not earning rewards for your purchases

>My overdraft plus bills plus credit limit comes to exactly my monthly wage
>It is physically impossible for me to get into debt

>>17412029
You don't get into debt unless you buy crap you can't afford.

>>17411999
constanza.jpg

why use debit when you can use a credit card with rewards?

>>17412029
not true, debt isn't a problem as long as it's good debt and you can pay it off.

>>17412035
i get decent rewards on my debit card. If there was a good rewards program for a credit card i would probably do what you do.

>>17412019
Enjoying your whiteboards and surveillance?

>>17411486
Same here.

>>17412012
You're forgetting that credit cards have advantages over debit cards in that you get points, frequent flyer miles, money donated to a charity, etc. when you use them.
There are good reasons for using credit cards. Using them to postpone payment of your bills is a bad reason.

>>17412029

>>17412063
Maddie you should post more~

ITT: debitfags are debitfags because they got into debt with their credit cards

>have a debit card
>buy shit with money I actually have

>>17412009
You get cashback, points, frequent flyer miles, etc.

>>17412067
>points
stupid, 10000 equals $30 meh

>frequent flyer miles
have it with my debit card

>money donated to a charity
valid point but i'm a scrooge that doesn't care about cancer kids

>There are good reasons for using credit cards.
Agreed. If you own a business or in emergencies not buying condoms and coffee at star bucks. No bank is going to give you a good interest rate because of a credit history that's full of small meaningless purchases.

>>17412067
>you get points, frequent flyer miles, money donated to a charity, etc. when you use them.
Who cares?

>>17412102
>implying I need pathetic reward when I can just pay everything without second thought

>>17412102
you realize that very, very rarely outweighs the additional costs, right?
you are either an idiot or psychic if you think that you will never once get a fine or fee with a credit card.

>>17412009
the point is to build credit so its easier to get large amount of money for things such as a car or a house, two main exceptions to not paying off the bill in full

>2011
>Wasting 60 seconds of a dozen strangers lives in line at the gas station waiting for your card to process when you have cash and exact fucking change on you


This is why people hate you, creditfags.

>use credit card responsibly
>never go over half my allotted amount of credit.
>pay, in full, every month
>started off with one card, now have another

A diversified history of credit makes for a higher credit score. Why any of you with debit cards simply can't handle a credit card responsibly is beyond me. I don't buy things I don't have money in my account for, I simply pay it all off at the end of the month. If I somehow get close to the "halfway point", then yes, I'll use my debit/cash.

>>17412076
I might stick around for summer.

>>17411593
>implying you will get a good mortgage without good credit

I knew /g/ was full of children, but jesus, not even realizing why you would need CREDIT?
Then again I guess since most of /g/ is doomed to live in mommy's basement their whole lives it won't make a difference to them one way or the other.

>>17412170
We all miss you~ :3

ITT jews trying to convince poorfags of /g/ that they need a credint card.

>>17412170
Yep.

>>17412165
>2011
>the pump doesn't have a credit card reader
>credit card terminal takes more than 2 seconds to accept or deny payment

>>17411869
>check in the mail
>doesn't have automatic bill pay

>>17412009
Building credit, you dumbfuck.

>>17412221
I don't need to build credit, dumbfuck. Filtered.

>>17412133
>No bank is going to give you a good interest rate because of a credit history that's full of small meaningless purchases.
Confirmed for having no fucking clue how credit works

>>17412201

>2011
>Gas pumps don't dispense lottery tickets, cigarettes or beer

Now what, faggot?

>>17412221
There are far better ways to build credit, you belligerent attention whore. Even then, the best way to build credit history with a card is to spend the absolute minimum.
There is NO REASON to use a credit card instead of a debit card. Deal with it, kike shill.

>>17412160
Fees? Fines? What are you even talking about.

I noticed a couple of websites that charge for visa/mastercard cc transactions, but I have a visa debit for that so whatever. I pay off my card every month so I never pay any interest.

>>17412229
Yeah okay, the bank is just going to give you car loans and mortgages with zero credit history and no credit score.
Whatever you say, moron.

>>17412250
>There are far better ways to build credit
Like what?
What is a better way to build credit than to buy all the shit you already buy anyway, but build credit while you're doing it?

>>17412254
You really believe that banks will reward you for playing nice? Idiot. Interest =/= random charges.
>>17412262
Not all of us are niggers from downtown Detroit.

>>17412250
-Much stronger protections for the consumer. Credit, the bank can get the money back from the merchant easily AND profit on the chargeback with a chargeback fee - they're HAPPY to get your money bank. Versus a bank, going after funds they no longer legally have rights to...'
-Interest free loan for thirty days
-Credit card rewards are much, much better
-Extended warranty- double if 1yr or less, additional year for anything more than one year, up to five years.

There are PLENTY of reasons to use credit wisely.

>>17411465
but i have a debit card.

also i had one credit card i owe 1000 on it and im never gonna pay it

I give no fucks

Also lolicon why do you keep forgetting to change your tripcode or is this some kind of joke i'm not getting?

>>17412273
>What is a better way to build credit than to buy all the shit you already buy anyway, but build credit while you're doing it?
How about to spend money you *fucking have*?
Loans, mortgages, rentals, all far better and at times are actually necessary. Use your head, god damn tripfag.

>>17412292
so companies end up paying you?

how does that make any sense?

>>17412289
Random charges like what?

>>17412289
It doesn't matter what your race or hometown is, you dumb fuck. You are not getting good unsecured loans with no credit. It just doesn't work that way.

>>17412292
Also this. Buying online with a debit card or directly with your bank account is retarded, because you basically have no recourse if you get fucked over. With credit cards you can say "hey, I'm not paying for this" and they will rescind their payment.

>>17412323
double that intelligent fucker.

>>17412329
>so companies end up paying you?
Please clarify what you mean.

>>17412160
The additional costs (how Visa, Amex, and Master Card make their money) is in interchange fees. People that pay cash pay interchange fees as well unless the store charges an extra for credit card users.
I have two credit cards. I have no annual fees and have never paid interest on them, ever. It's in my best interest to use credit cards because I'll be paying for people to get the benefits of using them even if I use cash.

>>17412273
Major bullshit there. I got a home loan easily and I've never had a credit card. Just have a regular job and pay your bills on time and you'll have flawless credit.

>>17412323
>loans, mortgages, rentals
>implying you don't need credit to get these things
>implying putting all the shit you already buy anyway on a credit card isn't spending money you "fucking have"
Do you think before you type shit, ever?

>>17412354
>mfw any bank that isn't shit-tier has fraud protection

>>17411574
>and for the record, ive got about $1000 in debt.
IT BEGINS

>>17412292

>-Interest free loan for thirty days

You only get stuff like this once you've already established good credit.

If you're in the process of BUILDING credit, you get an ass-raping 65% + principle cash advance due at the end of the grace period, the sum of which accrues nominal interest AFTER the grace period...

Fuck that.

>>17412371
>Just have a regular job and pay your bills on time and you'll have flawless credit.
A job and your bills don't report to credit agencies. Your advice is a road to having NO credit.

>>17412354
>Buying online with a debit card or directly with your bank account is retarded, because you basically have no recourse if you get fucked over.
That used to be the case, but I'm certain it now varies with your bank. My girlfriend got her debit card stolen and challenged the charges just like you would with a credit card.

>>17412385
Fraud protection is imperfect. The bank has fewer legal obligations than a credit card creditor.

Perfect fraud protection doesn't exist because we live in an imperfect universe.

>>17412385
At this point I don't think you even know what you're talking about. No, debit transactions don't have any protection at all. Once the money is gone, it's gone.

>>17412292
>Much stronger protections for the consumer.
Yeah, no. Banks are some of the worst run businesses in the world.
>Interest free loan for thirty days
For thirty days? Whoop-de-doo.
>Credit card rewards are much, much better
Some of us can actually afford to buy things without "rewards".
>Extended warranty- double if 1yr or less, additional year for anything more than one year, up to five years.
Think extended warranties aren't just an overpriced gamble? Take a gander at Best Buy.

Credit cards are for poorfags that have to spend money they don't have and sell out to greedy fucktards to get by. Deal with it.

>>17412397
>If you're in the process of BUILDING credit, you get an ass-raping 65% + principle cash advance due at the end of the grace period, the sum of which accrues nominal interest AFTER the grace period...

I've been building credit since September 2009, and I've NEVER paid interest on my credit card, ever.

>mfw buying a house with cash

>>17412426
so it magically appeared in my bank when i contested the charges made on a stolen card?

i must know the secret to these self-manifesting electronic funds

>>17412413
That only works if the charges are credit charges, and not debit charges. You can run a debit card like a credit card (well, any that are backed by Visa/MasterCard). THOSE charges can be reversed. Debit charges cannot.

>>17412432

>Brool Story Co.
>Brool Stories since 2009

>>17412426
And then you claim that debit cards are only useful if you lack self control?
ITT: trust fund kiddies and morons

>>17412397
>You only get stuff like this once you've already established good credit.
Not true. My first credit card had a $500.00 limit with no annual fees and 30-day interest free purchases. I got it from a credit union that caters only to my religion, though.

>>17412428
>best buy

>a company that doesn't even offer extended warranties

when all the fucking poor niggers are able to take a huge loan, the economy is collapsing.

>>17412428
>free extended warranties
>overpriced
Jesus, what the fuck are you even smoking?

>>17412449
You need to learn the difference between a credit charge and a debit charge.

>>17412432
>since September 2009
You're going to hate yourself in the future, kid.

>>17412457

>I got it from a credit union that caters only to my religion, though.
>caters only to my religion
>religion

Confirmed for Zionist Occupation Group.

>>17412428
>If you're in the process of BUILDING credit, you get an ass-raping 65% + principle cash advance due at the end of the grace period, the sum of which accrues nominal interest AFTER the grace period...
You know nothing about transactions (credit vs. debit)

>For thirty days? Whoop-de-doo.
Benefit nonetheless.

>Some of us can actually afford to buy things without "rewards".
And I can buy more than I previously could because I bought on credit. That makes me a more intelligent consumer. You're telling me that you don't have a single unfulfilled want or need?
>Think extended warranties aren't just an overpriced gamble? Take a gander at Best Buy.
They normally are, but AmEx has been good to me. No issues on getting several purchases settled. One repair, one equivalent replacement, two refunds of original charges (bought new laptops with non-depreciated value).

>>17412457
My first debit card has a 4.2k DAILY limit

>>17412476
They are with a kike card. Almost all defective consumer products will break within the manufacturer's warranty.

>>17412454
Where the fuck did I claim that?

>>17412457
I think that guy is confused on the difference between a line of credit and a cash advance.

>>17412478
I'm almost 21. Why would I hate myself for building credit? I pay my bill in full every month and don't charge more than I would buy in cash. I am far from being in debt.

>>17412482
>Confirmed for intelligent person with an emotional weakness that leads to his acceptance of Religion

Fixed.

>>17412482
Mormon, actually.

>>17412498
Oh, you'll see. You'll see.

>>17412385
Fraud protection and the ability to cancel/reverse payments made with your card are a little different. The former is for when you are y'know, actually a victim of fraud. The latter just puts you in control of your money.

Put it this way, if you buy something online, and you feel it is inferior quality to what was described, but the site refuses to give you a refund, you can just call your bank and have them reverse the payment. If the online store wants their money back, they'll have to take legal action (which they aren't going to do, especially if they're likely to lose). If you made that payment with a debit card, however, you're fucked unless YOU take legal action.

>>17411465
wtf does this have to do with technology

>>17412505
Seemed to work fine for my parents, and many of my peers.

Your fear mongering is without basis.

>>17412501
>intelligent person with an emotional weakness
Only idiots are influenced by emotion over reasoning.

>>17412508
so basically, credit cards are good if you have poor shopping habits?
makes sense

i also have never paid any interest on my amex or visa
since 2007 and had the amex blue since 2008 i think

>>17412512
Big noses and mutilated cocks are technology.

>>17412495
I think you are still confused here.
>free
>overpriced
>no price
>overpriced
Do you get it yet?

Credit cards are good if you have common sense.