I too use a card for most purchases and the rebates are nice, but with the caveat that I always pay off the balance [as several here do] and so avoid the interest fees. Interest on CC balance will easily exceed the rebate and that's where the under-writers make their profit. It appears from reading the responses that everyone here who touched that aspect pay their card in full when due. That puts you in the minority of users and also makes it financially sound for you.
The second reason I rely on a card so much is that the billing cycle allows me to hold my money for 30 to 60 days beyond the actual purchase. Use of cash can't do that. In fact, when I recently ran up a pile of vet bills, the specific card I used had deferred interest for 6 months. That equals a 0% loan.
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Today's Featured Article - The Fordson F Ignition System - by Anthony West. A fellow restorer contacted me earlier this year asking for some help and advice on a model F that he was restoring. He had over a period of months spent a fair amount of his hard earned cash on replacement parts for the old "trembler" ignition. Sadly though all his efforts seemed to be a waste of time and money as he still couldn''t get the temperamental old thing to run correctly!! If i said that this was a little frustrating for him that would be "conservative" in fact the problem had reduce
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