re: How many of who are over the age of 25 don’t use credit cards?

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Mine is locked in for under 10% and is unsecured. Had it for years though.

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I’ve never had any of my variable unsecured buisness lines get to 10%.

8.8% is the highest I have gotten

You may want to sometimes utilize a variable line if you can

We use one card for the rewards and pay it off religiously. It usually pays for a vacation every year

I use 3 credit cards for eveything. Pay them off every month. The bonuses are different on each which is why I use all 3 ( example, 5% on Amazon purchases, 2% on gas, 3% on car insurance etc ). Im retired so all money is direct deposit and I have to go to the atm to get cash.

Plus I don’t like dealing with coins - they end up in a jar on my desk and most are never spent. Or many people just leave the coins as part of the tip. Sometimes Workers make errors counting change.

On that note, more and more businesses are adding 3% to 4% to your bill for using your credit card.

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The business is being charged 3%+ to process your payment. Why should they eat that?

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I don’t understand this argument. There are all kinds of expenses a business will incur. They factor that into goods sold. And dealing with cash is more labor intensive than swiping a card.

Charging me a penalty tax for using a credit card doesn’t excuse them from paying the 3% usage fee - they are still paying it but now on the higher amount!

And you probably just lost me as a customer. I usually take it out of the tip amount and note that on the bill.

In the end Im still getting my 2% rewards, I don’t have to deal with bills and coins and the business is still paying 3% to the bank.