359
you are viewing a single comment's thread
view the rest of the comments
[-] Xavier@lemmy.ca 5 points 1 year ago* (last edited 1 year ago)

I would like say I am their worst customer:

  • I always keep a negative balance on my credit cards (no annual fees)
  • I pay soon after making a purchase, way before my monthly bill
  • I will use the money anyways so I overpay/overfill my credit card just before a long spendthrift holiday or vacation
  • I have my own ledger (hledger) to keep tabs on all my purchases and where the money is going, therefore the monthly credit card statement is just a sanity/balance check of my own ledger
  • have never payed any interest ever

Credit card are great for the extended insurance, travel insurance, rewards, cashback, etc… but only if one never pays interest and keep a positive balance.

Otherwise, I pay my regular bills through my bank.

[-] LastYearsPumpkin@feddit.ch 2 points 1 year ago

I know you don't want to pay fees on the card, but carrying a negative balance and paying you bill early are both interest free loans to the bank. You can manage your money in whatever way makes sense to you, and interest held by keeping that money in a high yield savings account probably wouldn't be much, but you can also reduce your level of effort quite a bit.

Technically, their "worst" customer would be one who pays in full on the last day their bill is due, in full, with no mistakes.

this post was submitted on 25 Oct 2023
359 points (97.9% liked)

News

23276 readers
4135 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS