brooklyn1 wrote:
> On Wed, 30 Sep 2009 08:26:39 -0400, "Nancy Young"
> > wrote:
>
>> wrote:
>>>
>>> I'm not paying any fees and every single month I
>>> pay my balance in full.
>>
>> I've never paid a fee to use a credit card. As a matter of fact, I
>> get paid to use my credit card.
>>

> I've never seen a credit card that charges a usage fee... with many
> there is a small yearly administration fee (like $25) whether it's

I was so over paying a fee for a credit card, but I wouldn't be
surprised to see that become the norm again.

> now some ATMs have a useage fee,

I would go pretty far to avoid that, it's one of those irritating things.
The ATM bank charges you, then your own bank charges you on
the other end. I just use my bank's ATMs to avoid it. The part that
frosts me is they charge me for my ATM card, an annual fee.

> and many checking
> accounts charge for checks and a fee to use each check and many debit
> cards attach a fee for each transaction, but again, I have no knowlege
> of any credit card that charges a fee for each transaction. But
> credit cards do attach a fee for late payment in the form of interest
> (after all, it's an unsecured personal loan). If one pays their
> outstanding balance each period then credit cards are an excellent
> financial tool... most importantly a credit card creates a paper trail
> for every transaction (cash does not). Credit cards are much safer
> than cash, even safer than traveler's cheques; if you lose your cash
> or get robbed you're SOL... with credit cards a simple phone call
> will disable the credit card (credit cards also set a low limit of
> responsibility, like $50),

It's all good, from my point of view.

> pet's name, etc.). And credit cards are an excellent tool for those
> who travel, can't rent as car without a credit card, not even if you
> pay cash up front, can't rent a hotel room or book a flight without a
> credit card, can't do mail order purchases or internet purchases
> without a credit card. And I always carry a few hundred dollars in
> cash but most folks don't carry more than like $20-$40 in cash, so a
> credit card makes it possible to go out for a day of shopping without
> carrying a lot of cash, much safer depending on location... I've never
> been mugged while driving my tractor. LOL

Probably never needed to buy anything while driving it, either.
Unless you're driving it to get gas or repairs, of course.

It would be far too difficult for me to travel without a credit card.

> Only case where credit cards are NOT a good tool is for those too weak
> minded to spend money in a responsible manner,

Most people have something they should be careful about, be it
booze or food or credit cards. Know yourself.

> For me just the use of EZPASS is benefit enough for using a credit
> card....

I don't know what took me so long to sign up, it's the greatest thing
since sliced bread.

> for those who don't know that's a little electronic gadget
> stuck to my windshield that permits me to zip right through the marked
> lanes at toll boths in the NYS area without having to handle cash.

It's good in a few states, including NJ.

> also permits purchase of gas, etc., my credit card is automatically
> charged the toll/fuel bill and with a small discount... there is no
> fee with EZPASS.
> http://www.ezpassonthego.com/?gclid=...FdVL5QodsHWt2Q

I didn't know you could (and maybe I can't) pay for gas with it, and I do
pay a small annual fee. Different EZPASS locations have different rules.

nancy