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Employee
May 21, 2019
Question

Purchases

  • May 21, 2019
  • 2 replies
  • 0 views
Does it make a difference what I purchase or how often I purchase?

    2 replies

    Employee
    May 21, 2019

    May 22, 2019

    although for some cards, the exact items you purchase does drive a different cash back or mileage credit back to your card 🙂 

    tygrtchr
    Employee
    June 1, 2019

    Your credit card company doesn't care what you purchase or how often as long as you stay under your limit and pay them on time.  They actually LOVE for you to make purchases because they can charge you interest on any unpaid balance at the end of the month.  The main thing to remember is that a credit card is a TOOL.  Don't use it as a crutch to purchase what you want if you don't have the cash in the bank.  The best way to use a credit card is to pay it off in full at the end of each billing cycle.  That way you have the convenience of a card without the interest debt.