Originally Posted by chopper
Didn't you recently say you had a 6 figure bank account? You are exactly the person who would benefit from using a credit card as often as possible, to get more interest on your money that's just sitting there. I don't think you're a toothless moron, or whatever Dane said, but if you can't distinguish between credit card debt that you intend to pay off in full when the bill comes, and bad debt that can't ever be paid off because of poor judgement/purchasing decisions, maybe I should reconsider.
I wonder how much perkstreet is making off of your required $5,000 dollar daily balance...something tells me it's more than 2%.
Finally, dude, that was spoken about as well as anyone here has ever posted... I can tell you are a really smart guy and I am sure Perkstreet is making money or they would not be in business... but to be completely honest, the reason I do not use credit cards is because I don't have to... I bank a few thousand every month and still do everything I want to do... I don't need to make more money and I just don't borrow money and that's the bottom line... Don't believe in it, hold no grudge against whomever does, it's just not for me...
Will I need to one day? Who knows what life will hold later on.... I hope not though..