Post # 1
I was wondering if any one recommends using a credit card for certain wedding expenditures. I have excellent credit and think that paying for the venue deposit and catering with a credit card could help in case of cancellations or lack of satisfaction (?) occurs.
A good card company could work with you to back your play should agreements or anything be broken. I have one card I have yet to activate that offers interest free credit on purchases for almost one year. Once the rate kicks in it’s below other cards with no fees, etc. I had called to make certain.
Has anyone had success using their card(s) for the above? was the outcome favorable?
Post # 2
We put most of our wedding expenses on credit card to get airline points. We also paid the balance in full every month (or truthfully for me I paid the entire thing off 2 months after the wedding).
People only say don’t use a credit card for your wedding because some people charge things they can’t actually afford, can’t pay the full balance then carry a debt and interest for a long time.
Post # 3
I haven’t done it yet but we plan to rack up some honeymoon miles by using the card and paying it off immediately. There is nothing wrong with that, esp if you have 0% interest for a period of time, but ONLY if you have the funds to back your charges.
Post # 4
I don’t think a lack of satisfaction will be enough for a credit card company to refund money when a contract is not breached.
I wouldn’t do it unless you are the type of person who can and does pay off your credit cards every cycle… not matter the 0% interest until whatever. It would be very easy for you to spend above your means by charging everything and end up eating the interest when you can’t pay it all off at the end of the promo.
Post # 5
I put SOME of my wedding on a new card. It’s not ideal, but I had to do what I had to do. Mine is interest free for a year, so I plan to pay off as much as possible in that year. It won’t be used after it’s paid off, unless I’m in a major emergency.
Post # 6
I’ve been putting everything possible for the wedding on my credit card, but that’s just for the points. It depends how you are with money. Don’t spend money that you know you won’t have when the bill comes up and you’ll be fine.
Post # 7
We routinely put all our expenses on a a credit card. Unless you travel for work, it’s the only way you are going to rack up enough airline points/miles to use them for anything.
If you don’t have the discipline to pay off your balance in total every month, don’t do it.
Post # 8
we used one of our cash back credit cards for the DJ and photographer, but we paid the balance off right away.
Post # 9
my cousin’s wedding ended up being a total mess (flood in town caused the well to be contaminated which meant there was no safe drinking water and no bottled water left in town so the bar got overwhelmed since all there was was beer and booze to drink, the bartenders abandoned the bars and the guest started to make their own drinks and well you can imagine what happened next….)
they ended up getting some ridiculous bill from the venue since the guests ended up drinking all this top shelf booze that wasn’t include but in the end American Express handled it and said that it wasn’t their fault so pretty much the whole thing got refunded!
that is the only really awesome wedding credit card story I know….
my mom tried to use her card for as much as possible at our wedding but most people wanted cash/cashiers check (ie band, florist etc) so it was really only the room rental and the food that we could charge
Post # 10
My husband has amazingly perfect credit. We also put most of our spending on credit cards that are paid in full every month (the cashback is like a built in coupon on every purchase). A few months before our wedding, he got an offer for a card with a really high limit, and no interest for the first year. We used it for some of the later wedding expenses, and also for our honeymoon. It kept us from having a cash-flow crunch around the wedding and on the honeymoon, and we will have it paid off well before the end of the year (we pay towards it every month, and have part of the amount in an interest-bearing savings account that he’ll move out to make the final payment).
I’d say do it – but if, and only if – you will pay it off before the end of the 0% interest period. If it is like our card, you’ll be charged the full amount of interest for all of the spending for the whole period if you have even like a $1 balance left at the end. (For the record, I wouldn’t trust myself to use a card like this, but DH has much better money habits than I have)
Post # 11
Your credit card company can help if the DJ doesn’t show up, but if you just don’t like the music the DJ played, they’re not going to help you.
I put everything on credit cards, but pay everything off in full every month. I have cards with high points/rewards which come with sky high interest rates– which makes no difference to me, since I’ve never paid a dime of interest.
Post # 12
We used a CC for almost all purchases and made around $300 in cash back! However we would never buy something that we couldn’t pay for in cash (we paid the CC off in full every month), even with 0% interest.
Post # 13
All of our expenses have gone on cards and the points we’ve accrued will cover a good chunk of our honeymoon travel and accommodations. I also bought my dress at Nordstroms and opened up a Nordstrom credit card at purchase. We’ve put as many other wedding costs (and Christmas gifts!) on that card as we can and it’s meant $280 off the total cost of my dress (about 20%), plus I have $200 in alterations credit. I pay this card (and all our cards) off in full every two weeks to keep my utilization down and my score as high as possible.
I just opened a Chase Sapphire Preferred card and if we can put $4000 (so… everything) on it in the first three months, we get $600+ towards a flight. We’re flying to Europe for our honeymoon and my FI’s flight is paid for, so getting mine mostly covered would be a huge break! The credit card hustle is very real in our household.
Post # 14
We are planning on using ours for last minute expenses only. I have a bad habit of putting things on them and then not paying the bill off in full when it comes in, so we have agreed that they are a last resort for our wedding!
Honestly, you shouldn’t be putting things on a credit card “just in case.” They aren’t going to help you if you cancel your wedding for personal reasons, which is pretty much the only reason I can see a person doing it (besides lack of satisfaction with the place and rescheduling), but I don’t understand why you’re using it as a “backup.”
Post # 15
Rather than rely on a credit card for no-shows or things going wrong, the better option for that is to purchase wedding insurance – like via wedsafe.com. It’s incredibly reasonable and covers a lot.
As for the credit card, there’s not reason why you shouldn’t, so long as you have the money to pay it off. Plenty of people do it in order to get points or miles.