• GHiLA@sh.itjust.works
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    5 days ago

    No, it’s a thing idiots should avoid at all costs.

    A card with a 2% reward across the board(Fidelity for instance) can be used as a proxy for your debit card week to week.

    It builds my credit, gives me a group of attack dogs to sic on anyone who rips me off, and gives me a cushion if I ever need it. If you never exceed your expenses and never reach beyond your means, it’s no different in consequence than paying with anything else, with a little added bonus credit and reward.

    It’s people and their lack of self control that ruin credit cards.

    • JasonDJ@lemmy.zip
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      5 days ago

      I would expect a massive nerf/devaluation of rewards if there’s no poor people getting exploited.

      I say this as someone who pays for all his family vacations almost entirely with points. About every year and a half. This time was Texas for the eclipse. Before that it was Disney world for my kids 5th birthday. Before that was COVID times and I used my points to buy hardwood floors that I installed throughout my house. Before that it was SC for the eclipse.

      • GHiLA@sh.itjust.works
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        4 days ago

        While I do feel a sense of involvement in their exploitation by being a part of this system, I’m not going to feel bad for anyone who can’t follow the simple rules of the game.

        Where’s the line between exploitation and personal fault? I can’t expect everyone who’s ever owned a credit card to have been put in the same situation where it’s the only way. For all I know, my last reward points trickled down from some asshat who financed a car on unemployment.