Re: The Craigslist Credit Card
10-09-2012 05:48 AM
The problem with this idea is that Craigslist is ground zero for seller scams, bait-and-switch sellers, and unwarranted buyer remorse by buyers who got a more-than-fair deal.
The chargebacks would kill this card within 90 days.
"wherever lots of cash is changing hands credit is never far behind" may be true in most instances, but there's a reason why black markets tend to be cash economies.
My Wallet: Amex BCP $10k, Amex Zync NPSL (> 10k), Chase CSP VS $9.2k, C1 Venture VS $5k, Amex SPG $4.5k, Barclaycard Apple V $2k, Walmart (Store) $1.2k, Chase Freedom V $600, BoA Cash Rewards V $500, Best Buy Rewards MC $500
Dream Wallet:Barclaycard Arrival WMC (replace C1 Venture), Amex Platinum (replace Zync eventually), Andrews FCU Global V (chip + PIN for travel). Otherwise, pretty happy with my portfolio now.