Quote:
Originally Posted by Krovikan
Unless you get an explicit discount, you are paying for the transaction fees no matter what; they are baked into the price. So you are really only hurting yourself if you don't play the game.
The reward systems are pretty meh, but as long as you have a good credit score, you can get multiple credit cards to maximize rewards. I use different cards for different purchases.
There is also the advantage of it being interest-free credit (for 21-days), that way if something does happen you can dispute the charges and usually get that dealt with before the grace period is up. Let's say someone double charges your CC accidently, you don't lose the money a 5-10 business day turnaround on getting a refund (the worst I've personally experienced), doesn't affect your bank account.
If someone does charge "a convenience fee" or equivalent for CC usage, I always use debit though as it's generally 3% and only two CC give rewards that are better (3% and 5%), though those rewards are restricted to categories.
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Yeah as I thought, not something you can opt out of.
Anyway, different places have different banking practices, and that's why there's less credit cards in Europe. Not a reason the world need crypto.