WTK: How to get a 1st time Credit Card

[zoom rader]

so u avoid both POS and ATMs? so why have a card ?

When i was younger I used the card until they got ridiculous on the POS and ATM fees . I normally use the card for online airlines tickets ect. I have a UK card that I use and that has no fees attached to it on POS and certain ATMs, this card I use abroad.

Zoom have a UK Credit card is sooooo impressive and titillating

All the female Tuners must be pm-ing him now now.

So how do YOU pay for this credit card from Tobago or Trinidad or wherever you reside ?

Not trying to be facetious, just asking for Max and Tun Tun

I have a debit card, not a CC

I dont have a CC and will never use one

[Computerman]

My cc is a total investment. Again as with everything there is a right way and a wrong of doing everything! If you don't know then you don't.

To each his own.

Those of us with the financial self-discipline to properly manage a credit card will find that the rewards far far outweigh the risks.

Those who cannot control their spending should definitely not get a credit card.

A cc is a tool for building up your revenue generating assets. If you are using it to cover expenses you doing it wrong! Having access to an 'instant investor' worth a few hundred thousand at a moments notice is a huge benefit IMHO.

But then... WTF do I know...

You half right, and half very very wrong
A cc is NOTHING like an "instant investor", it's actually just an instant short term high interest loan.

Lol... said like a man with a Black CC and no cash flow issues.

True dat!
**goes back to living in ignorance**

[VexXx Dogg]

OP

Word of advice, don't get sucked in to taking or using CC.

CC are a scam and once you get hooked in using money that is not yours you spiral down.

Always use money that you have and don't be fooled by the points or cash back scheme.

The points and airmiles always change to the card company advantage and you have to spend $1000 just to get back $20.

CC is for idiots

Exactly!
Use it like a debit, but it might come in handy for emergencies (medical or otherwise). Be careful of debt traps.

[Skanky]

Zoom is right for the most part but...

There are some cc that are worth it... for instance ones that allow you to skip the line and are automatically next in line at the next available teller which makes it easier/ faster to go to a teller than to use the atm.

Cc that provide some great automatic travel insurance and ones that allow you access to all the business lounges at any airport in the world.

[zoom rader]

Why would anyone spend $1000 to get back $20 and then pay for fees in Trinidad.

In the UK CC are free , they trap u in debt

[teems1]

Why would anyone spend $1000 to get back $20 and then pay for fees in Trinidad.

In the UK CC are free , they trap u in debt

CCs are by far the easiest way to avoid the hassle of obtaining US in cash when travelling abroad.

Just treat it like a zero percent interest loan each month. Never spend more than you have in your primary account and pay the amount back in full every time.

[zoom rader]

Why would anyone spend $1000 to get back $20 and then pay for fees in Trinidad.

In the UK CC are free , they trap u in debt

CCs are by far the easiest way to avoid the hassle of obtaining US in cash when travelling abroad.

Just treat it like a zero percent interest loan each month. Never spend more than you have in your primary account and pay the amount back in full every time.

The Agv US citizen owes $6194 for CC companies

https://www.cnbc.com/select/average-cre ... 62a492b048

[teems1]

Why would anyone spend $1000 to get back $20 and then pay for fees in Trinidad.

In the UK CC are free , they trap u in debt

CCs are by far the easiest way to avoid the hassle of obtaining US in cash when travelling abroad.

Just treat it like a zero percent interest loan each month. Never spend more than you have in your primary account and pay the amount back in full every time.

The Agv US citizen owes $6194 for CC companies

https://www.cnbc.com/select/average-cre ... 62a492b048

A large number of citizens in the US are usually deep in debt that most people in other countries don't have. Student loans, medical expenses etc.

This is Trinidad though, so if you follow the mantra of never spending more than you have in your primary account and pay the amount back in full every time you should be ok.

[redmanjp]

question: if the deadline to pay the CC is today and u pay for something with your CC that cost $5000 today, does that mean u have to pay off that $5k within hours of paying for it with the CC?

[dogg]

question: if the deadline to pay the CC is today and u pay for something with your CC that cost $5000 today, does that mean u have to pay off that $5k within hours of paying for it with the CC?

No, that will show up in the next bill. Once you're not in arrears that is.

[dogg]

Seems lots of folks here haven't the financial discipline to manage a credit card effectively.

So yes, its best those folks to stick to cash and debit cards.

Leave the credit cards for those of us who can manage our spending and finances.

[redmanjp]

question: if the deadline to pay the CC is today and u pay for something with your CC that cost $5000 today, does that mean u have to pay off that $5k within hours of paying for it with the CC?

No, that will show up in the next bill. Once you're not in arrears that is.

ok. but what if the deadline to pay it off is like 2 days later? then that 5k will be part of the balance and u have to make sure u have money to pay off that?

[dogg]

question: if the deadline to pay the CC is today and u pay for something with your CC that cost $5000 today, does that mean u have to pay off that $5k within hours of paying for it with the CC?

No, that will show up in the next bill. Once you're not in arrears that is.

ok. but what if the deadline to pay it off is like 2 days later? then that 5k will be part of the balance and u have to make sure u have money to pay off that?

Once you paid off your bill from the last cycle in full, you don't have to pay the 5k till the next cycle is due.

[st7]

a man calling CC a scam cause he cant control his spending?

just asking a question.

[aaronb27]

Usually you need to be permanently employed and have a bank account where your salary goes to for at least 6 months before that same bank approves you for a cc. If you don't meet that criteria then your best option might be to get a joint cc with a parent or relative who is willing to sign the application and bear responsibility.

[dogg]

a man calling CC a scam cause he cant control his spending?

just asking a question.

Exactly that!

[zoom rader]

Why would anyone spend $1000 to get back $20 and then pay for fees in Trinidad.

In the UK CC are free , they trap u in debt

CCs are by far the easiest way to avoid the hassle of obtaining US in cash when travelling abroad.

Just treat it like a zero percent interest loan each month. Never spend more than you have in your primary account and pay the amount back in full every time.

The Agv US citizen owes $6194 for CC companies

https://www.cnbc.com/select/average-cre ... 62a492b048

A large number of citizens in the US are usually deep in debt that most people in other countries don't have. Student loans, medical expenses etc.

This is Trinidad though, so if you follow the mantra of never spending more than you have in your primary account and pay the amount back in full every time you should be ok.

I have known folks that owe over 30k on local cards

[zoom rader]

a man calling CC a scam cause he cant control his spending?

just asking a question.

It is a scam when u have to pay yearly fees .

In the UK you pay nothing only ur interest

[j.o.e]

Credit cards aren’t the issue. How you use it is.
One of the best reasons to use credit cards is fraud protection also. There’s a big difference between how banks treat with card fraud if it’s debit or credit

[kamakazi]

OP

Word of advice, don't get sucked in to taking or using CC.

CC are a scam and once you get hooked in using money that is not yours you spiral down.

Always use money that you have and don't be fooled by the points or cash back scheme.

The points and airmiles always change to the card company advantage and you have to spend $1000 just to get back $20.

CC is for idiots

Exactly!
Use it like a debit, but it might come in handy for emergencies (medical or otherwise). Be careful of debt traps.

Do NOT use it like a debit card at any ATM to withdraw cash... If you do that you have just taken out a loan with a daily compounded interest rate.

Do not go over your limit.

[zoom rader]

Credit cards aren’t the issue. How you use it is.
One of the best reasons to use credit cards is fraud protection also. There’s a big difference between how banks treat with card fraud if it’s debit or credit

You can get back ur money on a DC if fraud is found. They just dont talk or advise about it.

The banks push for you to use CC and push that fraud issue on getting ur money back.

The banks play you all how to take and use CC.

[RedVEVO]

Credit cards aren’t the issue. How you use it is.
One of the best reasons to use credit cards is fraud protection also. There’s a big difference between how banks treat with card fraud if it’s debit or credit

You can get back ur money on a DC if fraud is found. They just dont talk or advise about it.

The banks push for you to use CC and push that fraud issue on getting ur money back.

The banks play you all how to take and use CC.

No, no no bank pushes YOU

It's the woman ..

She like nice ting ..

And if you issa Sugar Daddy ..

Why not ?

[j.o.e]

Credit cards aren’t the issue. How you use it is.
One of the best reasons to use credit cards is fraud protection also. There’s a big difference between how banks treat with card fraud if it’s debit or credit

You can get back ur money on a DC if fraud is found. They just dont talk or advise about it.

The banks push for you to use CC and push that fraud issue on getting ur money back.

The banks play you all how to take and use CC.

It’s almost instant with a credit card …… has to be investigated on a debit card. You would be the one out of pocket while they investigate.

[RedVEVO]

Credit cards aren’t the issue. How you use it is.
One of the best reasons to use credit cards is fraud protection also. There’s a big difference between how banks treat with card fraud if it’s debit or credit

You can get back ur money on a DC if fraud is found. They just dont talk or advise about it.

The banks push for you to use CC and push that fraud issue on getting ur money back.

The banks play you all how to take and use CC.

It’s almost instant with a credit card …… has to be investigated on a debit card. You would be the one out of pocket while they investigate.

With a debit card is YOUR money $$$ so who the F cares ?

With a credit card is VISA /MC etc., money $$$ so they care .

[zoom rader]

Credit cards aren’t the issue. How you use it is.
One of the best reasons to use credit cards is fraud protection also. There’s a big difference between how banks treat with card fraud if it’s debit or credit

You can get back ur money on a DC if fraud is found. They just dont talk or advise about it.

The banks push for you to use CC and push that fraud issue on getting ur money back.

The banks play you all how to take and use CC.

It’s almost instant with a credit card …… has to be investigated on a debit card. You would be the one out of pocket while they investigate.

Its a game the banks play with you.

[Chimera]

If 3 months pass and you don't realize and report debit card fraud then hard luck.

And with credit card fraud it takes up to 6 months

Got taken about 80k a long time ago from a local cell phone dealer. Paid with credit card for the safety and thinking it would be easy to get back the money if the items weren't delivered. Boy was I wrong.

[j.o.e]

Credit cards aren’t the issue. How you use it is.
One of the best reasons to use credit cards is fraud protection also. There’s a big difference between how banks treat with card fraud if it’s debit or credit

You can get back ur money on a DC if fraud is found. They just dont talk or advise about it.

The banks push for you to use CC and push that fraud issue on getting ur money back.

The banks play you all how to take and use CC.

It’s almost instant with a credit card …… has to be investigated on a debit card. You would be the one out of pocket while they investigate.

With a debit card is YOUR money $$$ so who the F cares ?

With a credit card is VISA /MC etc., money $$$ so they care .

Basically

[Mmoney607]

Scotia bank credit card is really 4% cash back!?!?

[DMan7]

Scotia bank credit card is really 4% cash back!?!?

[Mmoney607]