Hacker News Reader

Comment by seszett | Hacker News Reader

I think that's only in North America. Never heard of that elsewhere.

And in the UK. I use mine for miles and can upgrade myself on transatlantic flights a couple of times a year, just from day-to-day card use. Why would I use debit when I could get that for no extra effort or cost?

I didn't know that was a main reason for using Credit over Debit. I only fly about three times a year, so not sure it would be worth it. I think the main reason I don't use credit cards too much is the idea of debt. I've been in debt before and it is not pleasant, so I try to avoid it as much as possible.

It's probably not a logical thing, but more like people who went through food rationing - who would never leave even a pea on their plate afterwards. On a more macro-level, you can probably see a reluctance to splash cash around for around a decade after each financial collapse.

If you can't be sure that you can pay off the debt of a single month's everyday spending then yes a credit card is not for you, but I think only a tiny minority of people have such a problem.

Do you find being in a restaurant and having eaten but not yet settled the bill stressful? Or having been in a hotel room for a few days and not checked out yet? I'm not sure I'd consider a monthly credit card debt to be morally different to either of those debts. You just haven't settled the bill until the end of the stay, the meal, or the month.

Reply on news.ycombinator.com