They Say I'm 'Exceptional'.

[PILOON]

Years back I wanted a moderate loan and the bank refused me as they could not get a credit reference.
There was a 'Household finance' across the street so I went in and borrowed $50.00 and repaid it the next day.
Following that I returned to the bank and they approved my loan as I had established a credit record.

All my cars have been cash transactions,
Very frustrating as the pressure to finance is unbearable as is the pressure to purchase extended warrantees.

I also use my bank's system to pay off credit cards on time as I won't rely on the postal system to deliver on time.
Only my phone and hydro bills are paid at the bank (on time) as both have been known to sneak in automatic extras that I would not always catch if I were on paperless automatic payements.

And, NO, I don't wish to participate in 'on line banking'.
LOL, enough problems with current amount of passwords as it is, besides what is a totally secure one anyway, even the gov't gets hacked.

 

[Industrial Toys]

I also have ZERO interest in On-Line banking. About as much as being put through to someones VM. Maybe if they pay me for every minute I have to try and figure it out. Also, no interest in a debit card. I use my credit card for almost everything and pay it off every month. If something goes wrong, or there is fraud, they fix it quickly. Try getting your money back if someone defrauds you and takes money out of your bank account.

 

[fried1765]

I also have ZERO interest in On-Line banking. About as much as being put through to someones VM. Maybe if they pay me for every minute I have to try and figure it out. Also, no interest in a debit card. I use my credit card for almost everything and pay it off every month. If something goes wrong, or there is fraud, they fix it quickly. Try getting your money back if someone defrauds you and takes money out of your bank account.

It baffles me how many people are afraid of credit card fraud.
Many are even afraid to use E-Bay, because they worry about credit card fraud.
Why?
If your credit card is used fraudulently, the credit card company will pick up the tab.

Someone apparently cloned my card, and charged $800 worth of gasoline in Orlando.
I was in Nova Scotia for the summer.
Credit card company stopped my card.
I called to ask why. They explained.
They ate the charge.

I LOVE my credit cards!
One pays me 5% on gas, groceries, and drugs ($400 max payout).
Another pays 3% on HD, Lowe's (I also get 10% mil. disc. at HD & Lowe's), hardware stores, and office supplies.
3rd one pays 2% on anything & everything.

I charge EVERYTHING that I can.
All due dates are set the same.
I pay each card off every month.

Got over $1000 cash back last year.

 

[LittleBill21]

It baffles me how many people are afraid of credit card fraud.
Many are even afraid to use E-Bay, because they worry about credit card fraud.
Why?
If your credit card is used fraudulently, the credit card company will pick up the tab.

Someone apparently cloned my card, and charged $800 worth of gasoline in Orlando.
I was in Nova Scotia for the summer.
Credit card company stopped my card.
I called to ask why. They explained.
They ate the charge.

I LOVE my credit cards!
One pays me 5% on gas, groceries, and drugs.
Another pays 3% on HD, Lowe's, and Office supplies.
3rd one pays 2% on anything/everything.

I charge EVERYTHING that I can.
I pay each card off every month.

Got over $1000 cash back last year.

which card does 5% on gas? is it revolving?

 

[fried1765]

which card does 5% on gas? is it revolving?

It is a VISA card, and is NOT revolving.
$400 max rebate per 12 months (get 5% back on $8000 total yearly purchases).
When I reach the $8000 total I stop using that card, and go to the 2% on everything card.

 

[LittleBill21]

It is a VISA card, and is NOT revolving.
$400 max rebate per 12 months (get 5% back on $8000 total yearly purchases).
When I reach the $8000 total I stop using that card, and go to the 2% on everything card.

mind giving the exact card? no annual?

 

[Industrial Toys]

My bank as I said sees fit to give me a stupid high limit card. I wanted a low limit card for E-Bay to Protect the Banks Interests. They made it so difficult being self employed that I just said forget it. Then I get one from a complete stranger wandering around a supermarket trying to solicit Presidents Choice MC. Do the Banks realize how STUPID they appear? Oh, and then my bank is ALWAYS sending me preapproved loan offerings and offering them up at the teller window. But a low limit card, oh, no way, you can't have that.

 

[LittleBill21]

My bank as I said sees fit to give me a stupid high limit card. I wanted a low limit card for E-Bay to Protect the Banks Interests. They made it so difficult being self employed that I just said forget it. Then I get one from a complete stranger wandering around a supermarket trying to solicit Presidents Choice MC. Do the Banks realize how STUPID they appear? Oh, and then my bank is ALWAYS sending me preapproved loan offerings and offering them up at the teller window. But a low limit card, oh, no way, you can't have that.

Not really sure why you had trouble reducing your limit

i lower all my credit limits and lock them. its usually less then a 3 minute call. i say lower my credit limit to xxxx. and lock it at this limit. they say ok and i hang up. thats been the case for all my credit cards.

 

[Industrial Toys]

No, I wanted a second card fior Internet only, like $500.00 or so. They keep trying to raise that! Not sure how easy Presidents Choice MC is to deal with on fraud matters.

What REALLY ticks me off is I use my card at a gas station to buy a hundred bucks of fuel, go next door to buy a five dollar hamburger and the card is declined. I make a scene and fool of myself, insisting their system or equipment must be at fault.

Then find out (later) , there was a suspicion of fraud and the bank cancelled the card. Nice of them to tell me. And they won't even tell me where the matter started so I can protect myself in future. The criminals privacy has to be protected!

THEN, I have to go through all the hassle of fixing the automatic payment stuff.

 

[atsah]

I used cards all the time UNTIL I was buying gas and the card was declined, and yet again at the grocery store, made me feel like an idiot, there was no balance on the $5000 credit limit, they closed the account because I hadn't used it for a while and didn't let me know. I closed three accounts as soon as I got home, I keep one that I use for gas at least once a month they can keep the rest..

Credit card company's aren't in business to make sure your purchases are covered if fraud is evident or to give you money back, they sit and wait for an emergency high dollar item that you need immediately and don't have the money for and probably wont be able to cover within 20 days. It's a matter of time before that happens and they know it..

People have ups and downs through life, credit card company's wait for the downs and then give you a swift kick in the you know what as soon as the card holder is at there worst, nice people they are..