Hacker News Reader

> Personally, the idea of going into dept for private consumption is completely foreign to me and most people I know, so the idea of a credit card is very unappealing.

Though I know many don't follow this rule, I never purchase anything on a credit card I don't have cash for. It's purely for the convenience factor (and the 1-3% discount on all purchases).

I wouldn't pay for one though.

View on HN

Here in the UK, one advantage to using a credit card (even if you don't need credit) or a charge card is that the Consumer Credit Act 1974 gives you a whole bunch of extra consumer protections that you wouldn't get if you paid cash or debit card.

The main reason I got a credit card initially was because when I visited the US, nobody understood what a Maestro card was.

Reply on news.ycombinator.com