All Forum Posts by: Jer Yeung
Jer Yeung has started 1 posts and replied 42 times.
Post: What is the best uses for a credit card?
- Specialist
- Los Angeles, CA
- Posts 42
- Votes 50
The companion pass should still be available primarily through the credit card bonuses. Now is the time to do that - get the bonuses to hit your account in 2019 get the companion pass for 2019 & 2020!
Post: What is the best uses for a credit card?
- Specialist
- Los Angeles, CA
- Posts 42
- Votes 50
Originally posted by @Steve Vaughan:
Originally posted by @Jay Hinrichs:
just curious how do you rent a car without a major credit card.. and a lot of other things require it like checking into a motel etc.
as a road warrior I cant fathom how I could operate without a card.. ?
We secure rental cars and motels when we travel with our debit cards without a hitch. When they ask for our credit card number, we put in or provide the debit card number. No problem!
One thing to be wary of is the hold that they put on your debit card, and the sheer risk of having your debit card information out there. I didn't see it mentioned, but card fraud happens... if your credit card is hacked, most card companies have some sort of fraud protection where you're not responsible for fraudulent charges, and they will remove the charges from your card while they research it. However... if this happens on a debit card, they hold your money while they research the fraud.
Basically... if something happens to a credit card, it's the bank's money at risk. If something happens to your debit card, it's YOUR money at risk...
If you can manage your spending and pay it off every month, using a credit card to get back some sort of return on something you would otherwise be buying (whether cash back, points, miles, etc), there is no reason not to realize that return and reduce your risk of getting your card information stolen.