Quote:
Originally Posted by Rogue Leader
The credit card company doesn't make people buy stuff. Its still their own choice in the end.
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The way things are headed, this may not hold true much longer.
We manage credit very similarly. I've never paid the GM card a dime of interest, yet I've got to use "GM money" every time we went to get a new Camaro, truck, and Caddy. I booked a vacation for later this summer, and bought the weekly groceries with it, and a tank of gas in the truck on the way home. About 2K worth of charges. And the next day, I paid it off. I MADE about $20 this week already toward a new ZL1 convertible, or SS convertible (or even a Z28?). I only get 1% because it's the extended family card, but there's no limit and I still get the EVA on top of that and any potential incentives. I don't use it EVERY time I make a purchase, but I do use it a lot, but only if I'm going to be buying something anyway. I don't impulse buy with it and I know I must be diligent in paying it off quickly.
So I do use "cash" of sorts, but instead of writing 40 checks to somewhere else, I pay with my GM card, and make one online payment later in the week. Costs me nothing extra but a little time, which I can do while I'm reading posts like this on C5. Because it's for a PURPOSE. Otherwise, I'd just pay with cash/check/debit because that way you never have to worry about ever forgetting to pay the CC bill on time.
Bottom line, whatever works for you.