Are credit cards really necessary?

We all earn, and cant we regulate our expenditure within our stipulated earnings rather than falling into a debt trap.....

Credit cards aren't necessary BUT they are a lovely amenity to have.

It would be lovely to say this - but its not true.

If you are going to live the average life and engage in normal activity (i.e. - rent a vehicle, reserve a room or book a flight) then yes credit cards are rather necessary simply because companies are making them necessary.

There are ways around using credit cards unfortunately society has crippled the mind so intensely many think they cannot survive without the option of Cash or Credit.

Features and Benefits:

* It's convenient - Taxpayers can e-file or paper file early, make a payment by credit card and yet delay out-of-pocket expenses. Credit card payments can be made by phone, on-line or when e-filing.

* It's safe and secure - standard, commercial credit card networks are used. The IRS does not receive or store credit card numbers.

* Credit card options are available through service providers.

* There is a fee charged by credit card payment service providers. Fees are based on the amount of the payment and may vary by service provider (see below).

* Payment information will not be disclosed for any reason other than processing the transaction authorized by the taxpayer.

* A confirmation number is provided at the end of the phone or Internet transaction.

* The "United States Treasury Tax Payment" is included on the credit card statement as further proof of payment. The convenience fee will be included on the statement as a "Tax Payment Convenience Fee" (or similar transaction).

* If enrolled in such a program, taxpayers may earn miles, points, rewards or money back from the credit card issuer.

Credit card holders who have the discipline to control credit card purchases can have benefits from credit card rewards, credit card rebates and other benefits. You should make sure that you have a usage pattern that strengthens your credit rating as well as gather credit card rewards and credit card rebates and other incentives provided by the card issuers.

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Treat your reward credit card or rebate credit card just like cash, i.e. you should deduct the amount of each purchase you make with the credit card from your money account by making an entry in your check register or in some other way.

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To maximize you handling of reward credit cards and rebate credit cards you should record every transaction, deduct money from your money account for each credit card purchase, all in line with good personal accounting.

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An assessment of your rewards and benefits from your credit card should be done regularly when you review your spending. Compare options and compare credit cards conditions. If you notice that you have a need to limit your spending you may need to switch to debit cards or other reward cards.

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Try to never carry a credit card balance and pay of the entire balance each month. The money to pay the credit card balance should be available from your money savings.

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Besides earning benefits, handled correctly, gain 25 days use of your money that are generating interest.

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Limit the number of credit cards, 2-4 cards ought to be enough. Select your cards with the features you need, credit card rebates or credit card rewards are one factor, no annual fee, low interest, low intro apr could be others. Do compare to find the best credit card offers online. Many online resources are available for finding the best offers suited for your needs. Use your credit card for all budgeted essentials such as rent, utilities, and groceries, etc. and get rewarded for your use.

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Take use, but take charge, of your use of reward credit card: earn reward benefits such as airline miles, auto points, etc but do also build your credit rating by paying large balances each month.

its not necessary but it is a facility !

I live vey successfully without a credit card or gasp a debit card.

the use of a credit card is not just to help us spend more money than we have. it can also help us spend less money. for example when i know i got 100 euros in my wallet i am going to spend 100 euros, just because i got money to spend. but when i got 0 euros in my wallet, i am not going to spend 100 euros... i am going to spend less, or nothing.....

i find it useful...i use it often

its not necessary..... but u want shopping at any place for that it is necessary its not mater u have balence in ur account or not..... u will have to pay at the end of months..........

yes it is necessary because when your wallet is empty.it is the wallet that helps you out

Yes.

I say in some society.

I pay everything possible by credit card.

When I have bill from them I pay in full. I get to use their money for approximately 1 month, I get interest on my money from my account at bank, used to be about 2 months.

I use it as a convenient tool.

I keep 3 credit cards, and use them wisely.

You can, but the credit score is based on a how you use a variable amount of credit. They want to see a mixture.

The application and innovative way of paying is good but the intention of the credit card company is not at all good. They simply want to enslave u and usuary that is dangerous and the RBI must must come and regulate. Any card in the market targeting public whom have no governmental regulation and protection of the public is GRAVELY DANGEROUS.

If u travel frequently then credit cards are very useful.

You can use a credit card and regulate your expenditures. Many people pay their credit card balance in full each month and don't fall into a debt trap.

No, credit cards aren't neccessary but they are very useful tools.

If you want to increase your credit worthiness, the can help a lot as long as you pay them off and aren't late on any payments. Some people cannot discipline themselves to pay them off.

If you make enough money to live without them, then maybe not.
However, if you use them wisely, they do help you build up your credit rating and helps with convenience and buying power.
Using them well might help you buy finance a car or house better.
In this current capitalist system they aren't completely necessary, but nearly so (especially if you want any buying power).

don't hurt yourself...to each his own

It is one of the wheels in the market economy.

NO credit cards are not necessary.
for years before people began buying into debt slavery, we lived with out salve cards.
now with a fully funded debit card you have all the legal safeties of a credit card with out the over pricing.
when paying with cash you will not over spend (fact CCs know you will spend 15 -25% more with Charge cards) More than you have.
understand? creditcards companies are actually making more yearly on late fees, over charges and universal default clauses than interest. visit daveramsey.com to learn what the banks don't want you to know before you get bent and burnt.
OH the 30 day float of 'their' money is bs you will screw up sooner not later.

Credit cards are not necessary. Society has turned them into a necessity though.

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