Post # 1
Bees seem to have different ideas about what’s ok to put on a credit card. I will pay for almost everything with credit card (and pay it off completely). I used to pay rent and tuition with my CC, but now there’s fees for doing that.
I used to avoid doing small transactions with it, but I even tend to do those on credit if I can.
Post # 3
I travel for work, so I put all my expenses little purchase through big hotel bills on my credit card and then pay it all off when I get reimbursed. But for my normal life I try and always use my debit card. I racked up credit card debt once, I don’t want to be tempted to do it again.
Post # 4
I pay my credit card off right away. I mostly use it for gas and emergencies.
Post # 5
We have a Discovercard, and so much goes right on that. We pay it off every month, so we never pay any interest or fees. We get cash back for so much stuff, so we don’t really see a reason not to use the credit card and just pay it off every month. It would be like throwing away free money if we didn’t do it that way.
I do understand why some people limit themselves though. If you don’t have a lot of disposable income, it can definitely get out of control.
Post # 6
I put everything on my credit card so that I get as many points as possible. I’ve never carried a balance though.
Post # 7
I put every purchase over 5 bucks on my credit card. Even most of my regular bills are paid directly to it except our mortgage and car payments. We don’t carry a balance and basically do it for rewards points, ease of tracking where money went and the insurance that’s applied to cc purchases.
Post # 8
@2PeasinaPod: YES. I love my discover card cashback.
I put a lot on mine but have paid it all off in the past couple years. With the wedding, its back on again. A lot of the costs will be reiumbursed to us in the next couple weeks, but we put part of the honeymoon on there, so that will take a while. My credit is excellent, so I don’t worry. Hate the interest, though.
Post # 9
I use cc for everything I can (our rent is not payable by credit, unfortuneately!). We never pay interest. Ever. We use airline reward cards – we flew to and from Asia in business class for free this past year. Such a good reward!
Post # 10
EVERYTHING!!! I have an Amazon card so I get 1% back for every purchase … so I get really mad when I’m forced to write a check for a big purchase since I miss out on the points! I even paid my car down payment on the credit card. I think I’ve paid interest all of twice in my adult life, and that was because I made a big purchase that I knew would take me more than one month to pay off so I was fine with the tiny interest payment I’d rack up from a single month.
I’ll even shamelessly use my friends as an ATM if we’re splitting a bill somewhere — I throw down my credit card, take the points, and then take the cash they put towards their part of the bill. Then I use my BoA card for gas and groceries because that pays 2-3% as opposed to the 1% on the Amazon. Fi says I’m like a shark … and he’s right!
Post # 11
Everything that we can… and then we pay it off every month.
Post # 12
- flights, bc both of us aren’t from here
- bills (power and internet)
I went credit card crazy at 18 and wracked up major debt…so i paid that off and now I use mine only for flights, and pay back the day of. We use FI’s for everything else
Post # 13
@PinkFlemingo: I don’t go that far. I try to have cash when I go out with friends. lol you’re one of the people who would get points off of my dinner!
Post # 14
Everything is with a CC.
Wait, I have some exceptions – when I buy a pack of gum that’s like under $1, or when I go to the farmer’s market they use only cash. I rarely have cash on me. I have to make a special trip to get cash from an ATM.
Post # 15
@AB Bride: Haha I probably end up losing money doing it, since the 1% I get back does not come close to the amount I end up absorbing by people who don’t quite have the right amount of cash … but I sure FEEL smart while I’m there! I figure they’re saving me the ATM fee for when I run out of cash and am nowhere near my bank’s ATM … which happens all the time.
So I guess a good spinoff would be, what do you use CASH for??
Post # 16
We use our credit cards for everything we can (without any extra fees, but we have not encountered that yet!) as we get cash back (and other incentives like purchase protection) AND we pay it off before there is any interest on it.
We do not pay interest. Even if we are using credit cards, we still stick to a “cash budget”, meaning the purchases have to fit into our budget for the month for whatever item. If we don’t have the cash for it in the bank, we don’t have the room for it on the credit card.
I do use cash for little things, as I carry some around in my wallet for things like grabbing a drink from the corner store and parking…that kind of thing.