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Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Why debit cards are subprime =)

Help me think of more? :smileyhappy:

 

1. EXTENDED WARRANTY free1 year extra warranty for anything you buy.

2. PRICE PROTECTION you buy something for $2,000 find it for $1,500 within 90 days, they will pay you back for the difference.

3. SATISFACTION GUARANTEE if your not happy with your item, and merchant will not take it back, the credit card company will well past the 30 day return period.

4. PURCHASE ASSURANCE. if the item is damaged or stolen within 90 days of the date of purchase.

5. REWARD POINTS. Get upto 6%+ Cash back on things like gas, groceries, travel etc.

6. CONCIERGE SERVICE. They have more connections than you do, if you can't get a reservation at a restaurants, good companies like Amex or Chase can and will do it for you.

7. NO WAITING INLINE. Amex provides you with ticket purchases BEFORE they go public.

8. TRAVEL INSURANCE free

9. TICKET REIMBURSEMENT. If you have to cancel your trip you can get it refunded. There are MUCH more but that's just a few good reasons to use a credit card, of course they have to be used with responsibilities and those are the better card rewards and benefits, but if you have a decent credit card, using debit is subprime.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Valued Contributor
Duncanrr
Posts: 2,825
Registered: ‎06-08-2012

Re: Why debit cards are subprime =)

Hard pulls everytime you rent a car!


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 688 TU 727 EX 704 CK 696 (FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

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Valued Contributor
visorboy1974
Posts: 1,101
Registered: ‎05-17-2010

Re: Why debit cards are subprime =)


Duncanrr wrote:
Hard pulls everytime you rent a car!

Adding to this facet, when you rent a car or hotel with one, the hold on the account is against real money and not a credit line.  

Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: Why debit cards are subprime =)


Duncanrr wrote:
Hard pulls everytime you rent a car!

Yep that too =)

 

only positive side of debit is ATM access so you can buy your street drugs and pay hookers =x


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Valued Contributor
Duncanrr
Posts: 2,825
Registered: ‎06-08-2012

Re: Why debit cards are subprime =)

I pay my hookers with reward gift cards.


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 688 TU 727 EX 704 CK 696 (FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Valued Contributor
jsucool76
Posts: 2,768
Registered: ‎12-11-2011

Re: Why debit cards are subprime =)


Duncanrr wrote:
I pay my hookers with reward gift cards.

They don't have the Square card readers? You're using the wrong people :smileytongue:

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1500CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Moderator
Shogun
Posts: 11,027
Registered: ‎04-15-2011

Re: Why debit cards are subprime =)

Seriously?


Starting Score: 504

Current Score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

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Going for Wade64's RUDY Spade!
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: Why debit cards are subprime =)


jsucool76 wrote:

Duncanrr wrote:
I pay my hookers with reward gift cards.

They don't have the Square card readers? You're using the wrong people :smileytongue:


lmao


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Established Contributor
S7
Posts: 568
Registered: ‎08-24-2012

Re: Why debit cards are subprime =)

Bahahaha!

"When you are down in the mouth, remember, everything turned out ok for Jonah."

Current FICO's(by lender) 10/9/12
EX:649, EX:651, TU:683
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: Why debit cards are subprime =)

makes me want to get a Venture card for 2% cash back so I can get every buy 50 hookers get 1 free :smileyvery-happy:


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758

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