How many of you have credit card?

[anil595]

I don't have credit card yet,I am applying now.Now a days credit cards are getting very popular and necessary.It is not only useful for internet to buy products,it is also useful for paying bills,and for booking rooms,tickets etc., fastly and easily using mobiles and other devices.I want to know what are the advantages and disadvantages using credit cards?

[eddy2099]

With the advent of the internet, a credit card is a must if you want to purchase things online. I do shop around in stores either locally or overseas and most times it is inconvenient to carry loads of money around. Besides some credit card companies would offer you reward points which you can use to redeem things, some offer cash back/discounts, most would offer some kind of purchase protection like giving you purchase insurance or the ability to chargeback if the seller did not fulfil their side of the contract.

The biggest disadvantage is that it is so easy to overspend and if you do, you would inevitably end up with paying heavy interests and may put you into debt. So you need to have a lot of self control.

[NsaneNoob]

Nada for me.

[Loco.M]

I have a few and I've never paid interest or a late fee

[immortality]

I have one... its under my fathers card though. Im too lazy to apply for my own.

[deluxdon]

It is must now a days but you have to keep yourself safe from online fraud activities. I have one with me but i use it carefully always :rolleyes:

DON.

[eddy2099]

It is also a must now if you want to use Paypal.

[anil595]

With the advent of the internet, a credit card is a must if you want to purchase things online. I do shop around in stores either locally or overseas and most times it is inconvenient to carry loads of money around. Besides some credit card companies would offer you reward points which you can use to redeem things, some offer cash back/discounts, most would offer some kind of purchase protection like giving you purchase insurance or the ability to chargeback if the seller did not fulfil their side of the contract.

The biggest disadvantage is that it is so easy to overspend and if you do, you would inevitably end up with paying heavy interests and may put you into debt. So you need to have a lot of self control.

Then there are more advantages than disadvantages in credit card.The main disadvantage is only by overspend.Nice post.

[anil595]

It is also a must now if you want to use Paypal.
Yes,My paypal is also unverified,I want to get verified by taking cc soon.

[gjulian]

Prefer a debit card. Can't overspend with my debit card!

[anil595]

It is must now a days but you have to keep yourself safe from online fraud activities. I have one with me but i use it carefully always :rolleyes:

DON.

Yes,safety is best,I think buying through paypal account is best to avoid fraud activities.

[anil595]

Prefer a debit card. Can't overspend with my debit card!
Yes,i have debit debit card it is only for electronic use only for Atm.I tried to verify my paypal account through debit card,but not allowed paypal.So i am going to try cc now.

[micksss]

It's a must have but be careful you don't get yourself into debt with one. Be responsible with your spending :)

[hav0c]

I have two. One is an ordinary credit card and the other and has a higher CL and gets me 1-3% cashback on everything I buy so lately it's been my most used card.

[yooozy]

I don't have one I have a debit card not knowing what to do with it LOL
I agree with you guys it's a must for internet business but having it in my country is meaningless

[immortality]

Prefer a debit card. Can't overspend with my debit card!

Ive got a debit card but it has a $500/day limit, not enough for me usually. I only use it for food, gas, etc.

[hhyosong22]

Nowadays people don't use cash anymore. You get paid to your account, you shop with it, pay bills ... you practically do everything with your credit card and yes, I have a few too.

[Pervert-For-Life]

i got 2... one SBI CC and other one is HDFC... and thinking to get a 3rd one from ICICI.... but i prefer SBI card for my paypal... and SBI cards are easy for filing chargeback also...:D

[edwardsim]

actually debit cards and credit cards mainly serve the same purpose ..

[Static]

Nope. Debit cards rock though. :)

[Kerosene]

I don't believe in credit :) I've got a VISA debit card, and a sh!t load of money :p

[sidernik]

i dont own a cc, too expensive in the long run and im never gonna use it.

[hav0c]

They're only expensive in the long run if you carry balances and don't pay the card off. I've never paid a cent of interest and only gained (cashback rewards). They're almost a must have to build good credit history.

[qiwoman]

I have both debit and credit cards. Though will only use my credit card for an emergency or an investments that will yield me more than the interest!:)

[cool_78]

I have 2 credit cards, but I can control my spendings.

[humanedited]

I have a couple cc. I use them too much though (but at least I'm getting lots of Air Miles rewards)

[dbullet007]

I use my mother's :P
Might have to get one of my own soon though... as my business is growing nicely

[s.jenkins]

Hi, I’m new to this forum. And I was hoping that you could help me. I’ve been trying to find the best credit card offers and reviews. So far, I’ve checked out financeglobe for some tips.

Anyone have any good or bad experiences? Whats the best deal for rewards?

[Kath]

And here I was thinking that cash barely existed anymore ;P

[w3bmaster]

I have like 3 :)

[Sevenheartz]

Nope, no credit card. Should get one, though...

[SamPit]

no credit card but may be in 2 or 3 years