Why should I have a credit card at all? What if I never want to use one?
News from NASDAQ:

Years ago, banking executives complained loudly about consumers who carried their credit cards without running up a monthly balance. Then, personal lending flipped itself upside down. Today, many credit card product managers believe they’ll make as much money from transaction charges as they will from late fees and interest payments. That’s changed the dynamic for rewards credit cards and cash back credit cards , designed to entice consumers to float their purchases for 20 or 30 days.

Here’s why I think you should carry at least one rewards credit card :

  • Purchase protection. Cash, checks, and most debit cards won’t help you get your money back when your flight gets cancelled or your new gadget busts. Federal laws and bank policies favor credit card holders in most disputes. Even during a charge-back investigation, it’s the bank’s money on the line, not yours.
  • Credit report impact. Contrary to popular belief, credit scores don’t measure how much debt you’re in. They report how well you manage your accounts. If you don’t have a credit card to maintain, there’s nothing to score. That can cause problems when em…………… continues on NASDAQ

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Related News:

Why Should I Have A Credit Card At All? What If I Never Want To Use One?
News from TheStreet.com:

Years ago, banking executives complained loudly about consumers who carried their credit cards without running up a monthly balance. Then, personal lending flipped itself upside down. Today, many credit card product managers believe they’ll make as much money from transaction charges as they will from late fees and interest payments. That’s changed the dynamic for rewards credit cards and cash back credit cards, designed to entice consumers to float their purchases for 20 or 30 days.

Here’s why I think you should carry at least one rewards credit card:

  • Purchase protection. Cash, checks, and most debit cards won’t help you get your money back when your flight gets cancelled or your new gadget busts. Federal laws and bank policies favor credit card holders in most disputes. Even during a charge-back investigation, it’s the bank’s money on the line, not yours.
  • Credit report impact. Contrary to popular belief, credit scores don’t measure how much debt you’re in. They report how well you manage your accounts. If you don’t have a credit card to maintain, there’s nothing to score. T…………… continues on TheStreet.com

… Read the full article


Dopp Regatta Credit Card Billfold (Men’s) – Black


From the Regatta Collection, by DOPP, this credit card billfold features a lined currency section, removable two sided card case with ID window, multiple card slots, and two utility pockets. Available Colors: Mahogany, Black.
List Price:
Price: 39.95