DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - is there any reason not to have a negative balance on my credit card?

**konanoileaski** · 08-15-2011, 10:37 PM

Another large benefit of credit cards is protection. I have heard of stories of companies accidentally charging multiple times for a service/etc. They fix the error, but sometimes not before your account gets overdrawn and gets penalized for purchases you made when you thought you had money in the account (which can be quite a bit).

A credit card just would not allow you to make the charge.

Additionally, credit cards call me/etc if they question a purchase. I have never had my bank do so.

Finally, when I have had a purchase on my credit card I didn't remember making, I called up the credit card company and they took it off.

JM

Yes, yes, these are all ancillary reason for me to use a credit card, and I do use a credit card. What I was hoping to do was get all of these various and sundry benefits without actually being extended any credit.

08-15-2011, 10:37 PM	#27
konanoileaski Join Date Oct 2005 Posts 392 Senior Member	Another large benefit of credit cards is protection. I have heard of stories of companies accidentally charging multiple times for a service/etc. They fix the error, but sometimes not before your account gets overdrawn and gets penalized for purchases you made when you thought you had money in the account (which can be quite a bit). A credit card just would not allow you to make the charge. Additionally, credit cards call me/etc if they question a purchase. I have never had my bank do so. Finally, when I have had a purchase on my credit card I didn't remember making, I called up the credit card company and they took it off. JM Yes, yes, these are all ancillary reason for me to use a credit card, and I do use a credit card. What I was hoping to do was get all of these various and sundry benefits without actually being extended any credit.
	Quote