Re: Using credit cards to make money?

Posted by fixerupper on January 09, 2017 at 09:53:56 from (100.42.83.79):

In Reply to: Using credit cards to make money? posted by Geo-TH,In on January 09, 2017 at 07:21:24:

If credit cards weren't such a money maker for the banks they wouldn't be tripping over each other trying to get more people hooked on them. Many millions of folks have a huge balance on their cards and they are paying interest. The banks are raking that interest right in to their coffers.

I use mine a lot but I'm still trying to get Marilyn weaned from writing checks for every little thing she buys. We do pay it off monthly and we do not pay fees. Each month when the bill comes I sit down at the computer and itemize every item on the bill on Quicken, It's clean and easy. Keeping track of points is way down at the bottom of my priorities. There are a few bills I write checks for but they are bigger farm expense bills. My son uses a couple of business cards, one for fuel and the other for parts. Because of the points he and his family haven't paid for a motel for quite awhile, though they are so busy they rarely have time to use motels.

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