How do you see credit cards?

I have no idea why banks are so eager to sell you their credit cards.

Their selling points are : -

Rebates.
Points.
Savings.
Able to spend over your limit.

I still fear the usage of credit card. After hearing all the horror stories.

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LyricalOne · F

If you trust yourself and are a responsible adult, you should be able to handle having a credit card. I only use my American Express card which has an annual fee of $100, no interest and I pay the balance in full each month. And I do accrue points which I use to buy other things.

MatthewTheHamster · 31-35, M

@LyricalOne I dislike the fact of not spending. But having to pay a annual fee.

LyricalOne · F

@MatthewTheHamster It’s only a hundred bucks. I easily make that back in points and then some with AmEx special offers like money off on travel, dining and merchandise. And its a big hassle not having a credit card when you want to do things like check into a hotel or rent a car. Again, if you’re a responsible adult, it’s a real convenience and not the evil piece of plastic people claim.

MatthewTheHamster · 31-35, M

@LyricalOne Alrite. You have your point. But still currently i find it evil.

LyricalOne · F

@MatthewTheHamster Maybe you don’t trust your ability to handle having a credit card. Which is a valid- and responsible reason not to get one. Because there’s no doubt that if you can’t use the card responsibly, it can cause big problems. A whole bunch of people are in that position. But again, it’s not the card, it’s the person.