i have an amazon and paypal credit line. mostly use the amazon one for gifts and paypal for buying toys. easy way to build my credit without getting in over my head in debt. i also have one for a sporting goods store for when i want snacks or workout gear, and one for a glasses store because glasses are expensive so why not pay them off interest free too??
2. But one is pre-paid, that's the one I got actively (because back then many online stores in the US did not have PayPal but only credit card payments). Later when I bought something through installment payment, I got another credit card, but this time a real one that I can pay off either like a regular card or also monthly. The latter comes in handy for sudden preorder arrivals Usually I try not to use it, I hate having to pay something off.
I actually had to look this up because I never heard of pre-pard credit card. I can't find one, just pre-paid debit. Did you mean that? Or is this something else?
I don’t have any, but I use Paypal’s “Pay-In-4” Payment plan a lot to break large purchases down into smaller chunks I have to pay off every 2 weeks. I had been meanng to get a credit card to put pre-orders on, because I have been in some tight spots, and then low and behold and item shows up months early and I get charged for it without warning, and it leaves me fucked.
I haven't had one since 2008. I have money in my savings account so I'm not that worried to get one at the moment.
Used to but stopped using it since '14 (everything paid off, too lazy to renew it and don't intend to so ) and that's that (there's a thing called savings)
A few but budget so I pay them off completely every month. So I owe no interest. I started with 2. One was Discover because I was 18 and despite all the letters of offers for cards from various companies, they were the only one to actually give me a card after I sent in an application, most of the others rejected me because I had no credit history. The other I got 6 months to a year later was a Visa because back then not everyone accepted discover for payments.
I only have one I really use, technically I have two but the second is a bank credit card that's only used when the first card isn't accepted or would be rendered unusable. I pay it off every month. It pains me given my expensive tastes but I'm fortunate that my current circumstances include a very well paying job.
They are known as secured credit cards. You pay them for the balance you are able to spend. Pretty much a security deposit.
I have quite a few, but they all have a "0" balance as I never use them. Most of them have expired. I opened them up only to make a one-time large purchase, paid them off immediately and never used them again. I only opened them up because doing so got me 10-20% off, and when you're purchasing something $500, that is significant. I exclusively and regularly use one credit card so that no other financial institution or shop/store has access to my debit card... Even though it's FDIC insured, security risks, theft and fraud are rampant.
When they expired you weren't automatically sent new ones? I was just sent a new one of a card I don't use, I was thinking of not activating, what happens then?
Some cc companies send new ones, but I never activate them; I cut them up on the spot. Department stores usually don't send anything, but keep a record, so if/when I make a purchase, say at Macy's, they'll let me know that I have a credit line and offer additional discounts as an incentive to restore the account.
I've got two. One I use for preorders and pay it off every month. The second is for emergencies and it currently has a balance because we had to put an expensive car repair on it. Should be paid off in a couple of months. I occasionally get offers for other cards or lines of credit but I always decline them and throw them out. Learned a lesson about having too many cards when I was younger and dumber.
For car repairs and big items, and ordering online, I have one main one for that, which I try to pay off completely each month (and have for a while now). I had fallen behind a few times when a lot happened at once, but it's been nice to have things manageable. But with my new phone and using the secure tap thing, I find it much more safe than using my bank cards (as no one can try and see me enter my code, and I turn the NFC on and off during the purchases and lock my phone) now so for the last 6 months of so, that's now the way I pay for just about everything.
