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My check card is a Visa card, of which I use it as credit but it is not a traditional credit card, which is kind of weird and I don't have to use a PIN. I have over draft protection but the card never has the ability to become a traditional credit card if I go over my limit.
Still, I don't pay for food or drink with a traditional credit card; cash only.
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I mostly just shoplift, with a little bit of burglary for those harder to stash items.
Some men are born mediocre, some men achieve mediocrity, and some men have mediocrity thrust upon them.
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chriselst wrote:
I mostly just shoplift, with a little bit of burglary for those harder to stash items. |
Agile at its finest. 
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The only cash I carry is a £10 or £20 note in a cash stash [^] attached to my house keys for emergencies.
I keep track of all my spending using Microsoft Money so paying by card allows me to download my bank statement each week and more easily reconcile spending against receipts.
(as well as some coins in the car for when I need it for parking where the parking meters do not accept cards)
“That which can be asserted without evidence, can be dismissed without evidence.”
― Christopher Hitchens
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I have been doing that for 5+ years now. Personally I find it to be easier to manage my finances. With check card (ATM / Debit card) being used as credit card I did not loose anything. I am aware of the consumer benefit of disputing an item in credit card transaction and liability, some perks that come with some credit cards, but no thanks I will manage my own finances and leave the temptation of some perks out the bay.
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Debit card mostly, but I generally carry a $20 bill for incidentals.
Slacker007 wrote: especially if we are dining out
Being able to see all our dinner expenses on the bank statement allows us to freak out over how much money we're spending on that (it's way more than it should be).
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Vendors mark up their prices by what credit cards they take. If you see American Express on the window, you know they are charging the processing fees back on you somehow (even if you pay cash). Discover is next, and Visa is generally the cheapest for the vendor to take. So I pay with the biggest cards I can, get the most cash back I can, and then pay off the entire balance each billing cycle. If you are paying cash or debit, you are losing money.
I do prefer to pay cash though. When I deal with people who don't take credit cards, I happily pay cash. Some big ticket places will negotiate a better price if you offer cash money in hand, opposed to credit cards. (e.g. "I cannot afford $800 for that item, but will you take 750 in cash right now?") Just make sure you are deal with a manager, they don't want the sale to walk off to a competitor.
modified 29-Sep-14 10:43am.
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I always keep a little cash on me and prefer cash but use debit quite a bit these days.
New version: WinHeist Version 2.1.0 Beta
Have you ever just looked at someone and knew the wheel was turning but the hamster was dead?
Trying to understand the behavior of some people is like trying to smell the color 9.
I'm not crazy, my reality is just different than yours!
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Slacker007 wrote: I hardly carry cash (paper) on me anymore these days
I hear that more and more, as if cash (coin and paper) is a thing of the past.
I don't own a credit-card, only a debit-card. Dinner is always paid in cash, as is the tip.
Bastard Programmer from Hell 
If you can't read my code, try converting it here[^]
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Credit card ONLY. For many years now. We don't ever carry a balance, so we never pay any interest. As others have said, this is for the rewards. We have an airline credit card, and as such, we have accumulated (and used) enough miles for many free roundtrip tickets here within the US. We have also used them occasionally for upgrades to first class.
We are saving them now for first class both ways to Australia.
The other advantage of credit over debit is that debit is not protected against fraud by law. Most banks here do have protections, but it isn't required and your bank can change that on a whim. So, you could end up having your checking account drained before you know it, and then you have a mess on your hands.
I rarely have cash anymore for anything. If I do, it is because of very unusual circumstances and I usually will go to the bank and deposit it.
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I refuse to even accept a Debit Card (that credit-card like item that directly targets your bank account) although I do have an ATM card (to withdraw cash at such occasions as I need it). I even closed all of my accounts with a bank and moved on to a more cooperative one when they wouldn't give me an ATM card that wasn't also a Debit Card.
I only use cash for very small purchase, like ca. $1 US, or less.
Credit Cards are definitely the way to go - so long as you follow the rule of never carrying a balance.
I have found that when there's a problem that the companies are much more aggressive in retentiving their own money (Credit Card) that retrieving you money (Debit Card).
| "The difference between genius and stupidity is that genius has its limits." - Albert Einstein | | "As far as we know, our computer has never had an undetected error." - Weisert | | "If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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W∴ Balboos wrote: so long as you follow the rule of never carrying a balance.
That is the caveat, I guess.
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I pay with credit for everything, but never my own. When I see the little terminal on the counter reads out, "Swipe card" I take it literally and run with whatever card is ahead of me in line.Some people object to this for some reason, but so far none has been able to outrun me.
Will Rogers never met me.
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Slacker007 wrote: I rarely pay with a credit card, and only keep that for emergencies.
Credit cards, specifically Visa/MC have a hard loss limit for the consumer of $50. That is a legal limit and cannot be adjusted upward by the issuer. They can however lower it.
Your debit card has no such limit and your liability for loss is at the discretion of the bank that issued the card.
Credit cards also allow charge disputes of which the merchant is required to prove the transaction. I believe this is however limited to 50 miles but I doubt any card issuer would even take that into account. I don't believe that there is any such assurances with debit cards.
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I have actually learned a lot more about the benefits of credit cards versus check/debit cards. I will be looking into this more.
Thanks.
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Mrs. wife and I pay for pretty much everything by credit card, and pay off the full amount every month, so no interest paid.
That allows us to keep more money in the bank/mortgage so reducing the interest, earns a few $ in points on the card, and saves having to carry cash or find ATMs to get it out.
It also allows us to track spending from the CC statement
Of course, we're disciplined enough to not spend what we don't have - I know my Sister-In-Law just spends on the CC like its free money and ends up paying whopping interest all the time when they can't pay it off, so there's a danger in that.
One caveat also, I never use the CC in places that charge extra for doing so - for those I use the debit card.
PooperPig - Coming Soon
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Windows and ie didn't suck... that is all 
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`. `-:_| | |_:-' .'
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``-------'/xml>
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Way Way Back 
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..._: .-. .-. :_...
.' '-.(o ) (o ).-' `.
: _ _ _`~(_)~`_ _ _ :
: /: ' .-=_ _=-. ` ;\ :
: :|-.._ ' ` _..-|: :
: `:| |`:-:-.-:-:'| |:' :
`. `.| | | | | | |.' .'
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way way way back[^]
modified 20-Oct-19 21:02pm.
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On a similar note what is the name of the new edition of Windows that comes out tomorrow ?
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Window Pain / Pane
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..._: .-. .-. :_...
.' '-.(o ) (o ).-' `.
: _ _ _`~(_)~`_ _ _ :
: /: ' .-=_ _=-. ` ;\ :
: :|-.._ ' ` _..-|: :
: `:| |`:-:-.-:-:'| |:' :
`. `.| | | | | | |.' .'
`. `-:_| | |_:-' .'
`-._ ```` _.-'
``-------'/xml>
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A little something from here[^] is all I need, maybe a nice twin seater. 
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And? These are "for static display" as stated in the site!
It's much better to sit on the sofa...
I'm not questioning your powers of observation; I'm merely remarking upon the paradox of asking a masked man who he is. (V)
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