Quote:
Originally Posted by Baz
I use all my cards and always pay them off when due.
I also pay cash for stuff.
Never write checks. Never use a debit card.
Pay all bills online.
I have 2 credit cards I use several times a year just so they don't get cancelled.
The other 2 I use every month. One is tied into my Amazon account. The other I use for gas and misc. They are both cash back cards.
At the end of the day I am still subject to whatever the card companies want to do.
I like having them just in case. You never know when you may need them.
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Similar to me.
I have a debit card I use for most small local purchases.
I have a personal credit card that I use for my Amazon shopping, and all on line shopping, and larger purchases.
I have a "business" card that I only use for my company purchases. We have a lot of software that gets monthly or yearly renewals and lots of other needed items.
We had to talk to a supervisor at the credit card company to get them to understand that with an airplane it is very possible to fill up before take off with 300 bucks of fuel, be in Nebraska and get $700 in fuel, and then to Colorado and land at home and pump in $700 again on the same day, all legit. They still have a limit of $800 and we have to stop, and start again when the airport we land at is expensive gas.
We have been close to 25 grand in one month, and still pay it off at statement due date. No interest is ever paid.
It is funny (not really) when we started our business finding a bank to give us credit was a challenge. Now I get several proposals per week for low cost loans. Eff em all, we are not borrowing any money.