If you pay your credit card off every month, get a rewards card. One that gives you airline miles or that will give you 1 percent cash back at least on every purchase.
Sentiment: NEGATIVE
I use a credit card for everything - and I choose one of the ones which gives you money back.
Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.
I have always advocated doing everything possible to pay off credit card balances; it's good financial management and the ticket to a strong FICO credit score.
I try to use my debit card rather than a credit card, but I will use a credit card for big purchases because I bank with Coutts and I get points.
I very rarely use a credit card, but I do if I know I have big bills coming and I need to stagger payment.
If you don't have the money management skills yet, using a debit card will ensure you don't overspend and rack up debt on a credit card.
If you decide you need a secured card, use it to charge small items every month, then pay the balance off in full. If your credit score improves, and the bank doesn't offer to upgrade your card within 12 to 18 months, give them a call. If they refuse, try another lender.
Every penny I've ever saved has been spent on airline tickets to different corners of the world.
You want 21 percent risk free? Pay off your credit cards.
You stick a credit card in a machine, and you pay $3 or whatever it is to get cash - your own money.