Quote:
Originally Posted by stomachmonkey
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A credit card comes with a slew of additional protections for consumers and yes, you pay for it in the form of interest and / or fees.
If you make a purchase with a credit card and never receive the item, or don't receive what was promised you file a complaint with your card issuer and they will work to resolve it for you.
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Credit cards are preferred for high ticket items where mitigating your loss should the product turn out to be a turd is desired or when you are not walking out with the product in hand.
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I had, and used my Visa credit (through my credit union) for 13 years for big ticket items and such, just for the protections, etc. that you describe, but still used my debit most of the time. Never had to dispute charges, and neither was ever compromised in any fashion. I made all Internet purchases and big ticket items via credit. Then about a dozen years ago, came home from work, and had a letter from the CC "service provider" (not my CU, can't remember the four initials, same service provider on the debit....but I digress), informing me that those protections for fraud, etc. would no longer be applicable for Internet purchases, nor apply outside of 75 miles from my CC home mailing address....wtf
? Took me less than 30 seconds to pick up the phone, and probably 20-30 minutes to cancel the CC....they don't make it easy through their automated system.
I never bothered to get another one....
But those protections (if applicable), are a really good reason to use a CC as you state. Just make sure they haven't been eliminated in the "fine print" imo.