Credit Card Perks

[ice grillin you]

you love capturing and enslaving the black guys dont you

[stalker]

I don't make them move the white guys. They are actually in some sort of limbo. Enslaving isn't the right word.

[PoopyfaceMcGee]

I always wonder why some merchants automatically want to run my debit card as credit:  doesn't that cost them more?

It could be that your bank charges them if they run as debit, and VISA/MC charges them if they run as credit.

some banks charge a fee for the transaction if you use your checking card. I always choose credit.

There are way too many banks out there hungry for business for anyone to use one that still charges any fees, and like everyone else has said, if your bank doesn't reimburse for ATM fees, get a new bank.

[Zanshin]

I know. I should have given that up years ago. This place has taken on a dour personality and I've fallen right into line. Now we all talk about grown up things. GAY.

Looking up the chick I mentioned in the Random Musing thread will cure what ails you.

[PhillyPhreak54]

I ignored credit cards until about 3 years ago. I got a few "junk" cards while I was in school, since they give 'em out like candy, and used them to build credit. Even though I had taken out loans from my credit union in PA and paid them back early, my credit score was still lagging because of not having a credit history. The only thing I had on there was my car.

I have rid myself of the "junk" cards and now I have a Chase, Capital One and HSBC that I use.

My debit card is through Chase and I have it set up with the OnePass miles from Continental.

[Diomedes]

I don't know what could be more interesting than which bank Phreak patronizes.  Least boring thread ever.

[Father Demon]

Just to close this subject out, I signed up for Costco to get their AMEX card..

3% on gas and restaurants
2% on all travel
1% on everything else

No annual fee.

Costco costs me $50 a year, and I should see about $600+ a year in cash back.

You all care.

[phattymatty]

sometimes i go to costco just to get a slice of pizza.

[BigEd76]

the closest Costco to me is 11 miles away

and I saw an article that credit card companies are starting to close people's unused accounts without warning, even if they're in good standing.  If that happens, your credit score takes a hit...

[NGM]

Just to close this subject out, I signed up for Costco to get their AMEX card..

3% on gas and restaurants
2% on all travel
1% on everything else

No annual fee.

Costco costs me $50 a year, and I should see about $600+ a year in cash back.

You all care.

Is that exclusively for business use, or could I get perks for personal use.  I don't travel much so the first two wouldn't apply to me, but I assume there are other perks that could be used in place of the first two.

[Tomahawk]

and I saw an article that credit card companies are starting to close people's unused accounts without warning, even if they're in good standing.  If that happens, your credit score takes a hit...

I'm surprised they can do that.

[Diomedes]

You wouldn't be surprised if you follow the laws that congress passes regarding these companies.  They are ever more permissive and less inclined to regulate as the years roll by.  Usury is the holy grail of the American economy.

[Seabiscuit36]

and I saw an article that credit card companies are starting to close people's unused accounts without warning, even if they're in good standing.  If that happens, your credit score takes a hit...

I'm surprised they can do that.

They've done it for years.  Its based off other credit card usage/history. 

[Father Demon]

Is that exclusively for business use, or could I get perks for personal use.  I don't travel much so the first two wouldn't apply to me, but I assume there are other perks that could be used in place of the first two.

No - anyone can use the card.

and I saw an article that credit card companies are starting to close people's unused accounts without warning, even if they're in good standing.  If that happens, your credit score takes a hit...

This is true.  The best defense is to make sure you use each card you have at least once a year.  Mark it on your calendar as an annual event, go buy some chips and beer and put it on the card, and pay your bill.  Your account stays active, and you don't take the big-ass hit to your credit rating.

[phattymatty]

i thought that keeping a card open with no balance is actually bad for your credit rating.