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Credit Cards Should one really cut up a credit card?

Discussion in 'questions. answers. conversations.' started by Nikhil Shenoy, Mar 24, 2019.

  1. Nikhil Shenoy

    Nikhil Shenoy Reader

    I came across this link on Quora. It’s an article from Forbes about why a rewards card ought not to be used. Do you think it makes sense? Or is Forbes just writing nonsense?
  2. Tiffany

    Tiffany One Mile At A Time

    Likes Received:
    The headline is sensational (and both Forbes and Chris Elliot tend towards being ridiculous), but the fundamental advice is sound -- if you aren't informed about a product, you really shouldn't be purchasing it.

    That includes everything from a smart fridge priced at 4x what a basic model would cost, to a rewards credit card that is only valuable if you understand how the benefits work in practice.
    OCTinPHL, rickyw and Gia like this.
  3. Gia

    Gia Well-Known Member

    Likes Received:
    Especially true if you’re dealing with your elderly relatives. Many of my friends force products in their parents who have no concept of how to use them.
    Tiffany likes this.